The claim of globalization critics that the income gap to industrial countries is bound to widen for essentially all developing countries as a consequence of economic globalization is in conflict with empirical evidence. Economic performance differs tremendously across developing countries. We...

This study investigated the role of productive capacity by testing the debt-led growth hypothesis in 54 African Countries. This study is motivated by the rising nature of external debt following the fallout of the Covid-19 and the neglect of productive capacity in the debt-growth empirical...

The quest for the attainment of economic development is sought after by all global economies, which by effect is expected to transcend to improving livelihoods and standard of living. However, several factors hinder the process of achieving sustained economic development, especially in...