Among the many outstanding accomplishments of economic Sovvietologists was the deflation of the egregiously inflated official Soviet statistics on economic growth. In sharp contrast, some authoritative Western scholars attempted to inflate official Soviet statistics on replacement. This paper...

In this paper, the relationship between finance and growth is analysed in the context of an endogenous growth model with government regulation and intervention. Our theoretical model suggests that financial intermediaries can affect the process of economic growth in several ways. Using the...

The question of whether fiscal decentralization has affected economic growth since the 1994 fiscal reform in China is interesting to both policy makers and economists. Using a simple model of endogenous growth that incorporates spending by different levels of government, and a panel data set for...

After surveying the theoretical and empirical work, we attempt a comprehensive assessment of different forms of international integration on growth. In particular, we consider the impact of trade, of inward foreign direct investment, of preferential treatment of less developed countries, and of...