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...

Some recent empirical research suggests that the implementation of policy reforms is largely dependent on domestic political economy factors. This finding is taken to suggest that aid and adjustment lending should only be provided to those countries that, on the basis of certain characteristics,...

Most developing countries consider foreign direct investment (FDI) as an invaluable source for filling the resource gaps that hinder their development programmes. Moreover, FDI can also be a medium for acquiring skills, technology, organizational and managerial practices and access to markets....

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...

This paper analyses three aspects of the export supply response to structural adjustment programmes supported by the World Bank. First, have programmes improved programme countries' export performance relative to non-programme countries? Second, have programmes contributed to re-orientation of...

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