This paper investigates the causal relationships between foreign direct investment (FDI), domestic investment (DI) and economic growth (GDP) in Egyptian, Moroccan and Tunisian economies. Thus, this paper applies a cointegration time series techniques; vector error correction (VEC) model, Granger...

If, as some recent research seems to suggest, the economic performance of countries that comply with World Bank conditionality is significantly better than that of countries that do not comply, then an important topic for research is the identification of factors that increase the likelihood of...

This paper analyses the extent and dynamics of inequality amongst the provinces of Iran. It reviews various theoretical propositions for possible convergence and divergence and argues that while the evidence from the more developed countries supports the case of convergence the empirical...

Industry in Sub-Saharan African programme countries is in a severe crisis. Is this affecting the industrial base necessary for future growth and leading to de-industrialization? Or is the industry undergoing a process of efficient restructuring whereby the lack of growth is the result of...

This paper attempts to examine whether the structural adjustment programmes of the World Bank have improved the standards of living and human development indices in the treated countries. It appears that while during the adjustment period the average real per capita income has grown faster in...

This paper examines the components and structure of the UNDP's Human Development Index and briefly reviews the criticisms of this index in the literature. It suggests some improvements on the components of the index as well as proposing a different structure for the index itself. These result in...