This paper studies the relevance of political stability on foreign direct investment (FDI) and the relevance of FDI on economic growth, in three panels. The first panel contains 11 very small economies; the second contains five well-developed and politically stable economies with highly positive...

The concept of resilience is rather complicated and deep in content as well as quite complex for an assessment and measurement. This paper aims to make appropriate an literature review and to highlight the definition of “resilience”, as well as to analyze components in the context of the...

Despite the fact that there have been many institutional studies over the past two decades and the role of institutions in economic life is extremely high, we could state that modern economic theory of institutions is in its infancy. Institutions organize the relationship between people as well...

Economic development is one of the main aims of economic policy in many countries around the world. By strengthening the process of economic development, we can bring the state on the path of sustainable growth and ensure stability and security in it. The paper analyzes the main indicators of...

Currently, the Eastern Partnership (EaP) develops in a very difficult political and economic conditions that may substantially affect the prospects for its existence and building of regional economic resilience capacity. We argue that the nature and pace of previous structural reforms in EaP...

This study was carried out to investigate the relationship between refugees and development in host economies from a macroeconomic point of view. The results obtained show that this relationship is non-linear. The empirical results demonstrate that refugees have a positive and significant direct...

This note revisits the conjecture that the use of broadband internet lowers transaction costs and thereby inflation. Using a macro-economic panel of OECD countries, it replicates and expands previous estimations by Yi and Choi (2005). We confirm the direction of the results, but also highlight a...

This paper provides a detailed survey of the literature on the impact of foreign direct investment (FDI) on poverty reduction, outlining the theoretical and empirical relationship between these variables. Although a number of studies have been done on the impact of FDI on poverty reduction, the...