This paper presents, within a new growth theory framework, an analysis of the role of Foreign Direct Investment (FDI) in promoting economic growth. Evidence reported suggests that an important role is exerted by both the size of the domestic market and the competitive climate in relation to...

Democracy Without Equity: Failures of Reform in Brazil. By Kurt Weyland Pittsburgh, PA: University of Pittsburgh Press, 1996. Pp. xii + 293. $49.95 and $22.95. ISBN 0 8229 3924 X and 5583 0 Marketizing Education and Health in Developing Countries: Miracle or Mirage? Edited by Christopher...

This paper discusses the factors that promote clusters and the role of clusters in the generation and spread of human capital The analysis in the paper is based on a comparative study of software firms in the two neighbouring south Indian cities – Bangalore and Hyderabad. Some of the...

Jagdish Bhagwati's proposal for a 'brains tax' to be levied on the incomes of the diaspora from developing countries residing in the developed countries and the proceeds to be remitted to the countries of origin of the diaspora is well known. In recent years the voluntary contributions or...