The influence of state institutions on economic growth dynamics is an important subject of analysis in economics literature. The purpose of this article is to compare determinants of growth rate in India and Pakistan in the years 1988 to 2012. The subject of analysis will be factors associated...

The article is examines the impact of macroeconomic indicators, in particular: human capital, government spending, innovation, political and social stability, on economic growth. In total 12 different indicators describing the economical, political and social conditions are taken into account....

The Global Competitiveness Index is treated as a standard to measure the competitiveness of countries. Leaders look at it to make policy and resource allocation decisions because global competitiveness is expected to be related to economic growth. However, studies which analyze the empirical...

The study examines the concept of stochastic convergence in the EU28 countries over the 1994-2013 period. The convergence of individual countries’ GDP per capita toward the EU28 average per capita income level and the pair-wise convergence between the GDP of individual countries both are...

In this paper the issue of globalisation and deteriorating precision of domestically oriented frameworks is addressed. A hypothesis that the effect of international trends on the growth of economy is increasing over time is formed. In order to validate this a method of composing foreign series...

Long-run impact of economic growth on fertility trends is ambiguous and sensitive for in-time variations. Noticeably, over last decades, economic growth has led in many countries to significant falls in total fertility rates. However, recently, in high-income economies a kind of ‘fertility...