Current empiricism provides sparse evidence on the incidence of bad institutions on economic growth in developing countries. This paper tries to fill up this gap by experimenting with a broad data set comprising of 45 economies pertaining to Latin America and sub-Saharan Africa while using...

This paper unravels the linkage between income inequality and women’s participation in the labor force within a group of developing countries drawn from Latin America and sub-Saharan Africa. It adds to the existing body of literature by providing additional empirical evidence and pertinent...

This paper aims at examining whether local government spending is characterised by anintertemporal decision-making path. In other words, to what extent does local governmentexpenditure respond to contemporaneous changes in revenues. In this respect, the papercontributes to the existing body of...

This paper addresses donors’ policy of providing external assistance to developing countries using an inter-temporal framework, over a finite horizon. While the framework adopted tracks the motivation of providing fore ign aid, it is altogether consistent with the paradigm of forward-looking...

This paper contributes to the literature on foreign aid by exclusively explaining a donor’s motivation for foreign external assistance. The underlying framework focuses on recipients’ needs for foreign aid to address income inequality as and when growth occurs. A tax-subsidy policy...