During crises, governments resort to extraordinary fiscal and financial measures to mitigate the recessionary impacts of crises. These macroeconomic intervention measures along with aggregate demand and supply shocks and policy choices would affect the exporting environment of a country through...

There is no significant relationship between the improvement in happiness and the long term rate of growth of GDP per capita. This is true for three groups of countries analyzed separately - 17 developed, 9 developing, and 11 transition - and also for the 37 countries taken together. Time series...

There is no significant relationship between the improvement in happiness and the long term rate of growth of GDP per capita. This is true for three groups of countries analyzed separately - 17 developed, 9 developing, and 11 transition - and also for the 37 countries taken together. Time series...

This paper attempts a new way of identifying the impact of Bilateral Investment Treaties (BITs) on foreign direct investments (FDI) by taking advantage of the random timing of 44 unilateral BIT terminations in India between 2013 and 2019. Using quarterly bilateral FDI data of 138 investor...

This paper analyzes the factors associated with economic growth in Myanmar by extending the Trade-FDI-led growth model with human capital and financial development through a Vector Error Correction Model (VECM). Vector Error Correction Model is a form of Vector Autoregressive, which has...

This contribution examines the role of market-capitalism in anti-American terrorism. It differentiates between level- and rate-of-change-effects associated with market-capitalist development and their respective relationship with anti-U.S. violence. While this contribution argues that higher...

Why does inequality vary across societies? We advance the hypothesis that in a market economy, where earning differentials reflect variations in productive traits among individuals, a significant component of the differences in inequality across societies can be attributed to variation in...

Why does inequality vary across societies? We advance the hypothesis that in a market economy, where earning differentials reflect variations in productive traits among individuals, a significant component of the differences in income inequality across societies can be attributed to...

Why does inequality vary across societies? We advance the hypothesis that in a market economy, where earning differentials reflect variations in productive traits among individuals, a significant component of the differences in inequality across societies can be attributed to variation in...

Why does inequality vary across societies? We advance the hypothesis that in a mar- ket economy, where earning differentials re ect variations in productive traits among individuals, a significant component of the differences in inequality across societies can be attributed to variation in...