Financial soundness is a key indicator for fostering economic growth i.e., as economy having healthy financial activities, so it would generate capital inflows to develop their industries and reducing external dependencies. This study examines the relationship among broad money supply, foreign...

This paper reexamines the relationship between migrant remittances and economic growth using the most recent panel data (1977-2012) for some of the largest recipient countries of foreign remittances in the world namely, Bangladesh, India, Pakistan and the Philippines. A cross-sectional...

The economic literature emphasizes the existence of a debate having milked with the impact of the monetary policy on the economic activity. At the beginning of the years 1990, the monetary policy of the countries of the CEMAC knew significant reforms which aimed at conferring to him of advantage...

The paper attempts to empirically explore the transmission mechanism regarding the short-term impact of public debt and growth. We examine and evaluate the direct effect of higher indebtedness on economic growth for countries in the EU which are in the epicentre of the current sovereign debt...

This paper investigates the possibility of Granger causality between the saving ratio (the proportion of gross domestic saving in GDP) and the growth rate (annual percentage change of real per capita GDP) in eighty-four countries of the world from 1961 to 2000. For technical reason, on the basis...

Spatial inequality in global economic development has left Africa with the least progress in improving living standards among developing regions of the world. Moreover, there are strong neighborhood effects within Africa. This paper revisits the explanation of unequal growth across countries in...

German structural policy is characterized by a composite indicator with three targets:(1) minimization of unemployment, (2) maximization of GDP, and (3) equalization of regional unemployment rates. The composite indicator with given target weights is maximized subject to budget constraints and...

Reducing disparities among regions within European countries together with economic development is the aim of European and national structural policies. In particular, a European grant contributes to the German governmental program for reducing and equalizing regional unemployment. The goal is...

Since its independence, Indonesia has developed fluctuated and uneven. The financial crisis and political changes has lead to decentralization in 1999, which has entitled local governments (province and regency/municipality) to develop its region autonomously. Surprisingly, it was concern that...

This case study explores the driving force of the productivity growth in Cambodia, one of the least developed countries. Quantitative and qualitative studies were used to analyze the source and impact of the input factors on the nation¡¯s productivity growth. For a quantitative study, a small...