The paper enquires into the e¤ects of China’s entry into the WTO on its economic growth. We find that even in the short run (2001-2005), economic performance can be improved due to obtaining higher survival probability of economic growth rate and better protection of consumer welfare.

The paper enquires into the short run effect (2001-2005) of China’s entry into the WTO on its economic growth. We conclude there is no economic hazard with a …nding that China’s economy would enjoy a higher survival probability of economic growth rate and better protection of consumer...

Maffeo Pantaleoni’s concepts of “political prices” and “economic prices” explore institutional change and the dynamics of rent-seeking society. He distinguishes between “objective” discriminations, which conform to the reproductive logic of an institution, and those that are...

The present study investigates the impact of environmental, social, and governance (ESG) on firms' profitability in the Indian setting on a sample of 23 firms from 2015 to 2020. The bootstrap corrected fixed effects estimation and inference in the dynamic panel method is employed to investigate...

Bangladesh has achieved the status of a 'lower middle-income' country 44 years after emerging as a sovereign state. Along the way, it achieved some successes in improving several development indicators such as life expectancy, primary school enrolment, infant mortality rate, maternal mortality,...

This paper argues that the emergence of knowledge hierarchies in the modern U.S. firms since the late 19th century, expedited by huge progress in communication technology, played a significant role in the expansion of mass secondary education called the high school movement in the U.S. in the...

Russian: Основы использования ИКТ в Сербии уже заложены, но электронный бизнес-процесс пока не сильно развит. Системных исследований влияния Интернета и ИКТ на...

The article critiques the linear, economically focused definitions of poverty that objectify individuals and perpetuate inequality, advocating for a nuanced understanding of poverty as an adaptive, dynamic phenomenon shaped by systemic instabilities and market failures. It highlights how urban...

Hoping to contribute to the existing pool of literature, this paper examines the relationship between military expenditure and economic growth in selected Asian countries for the period 1989 to 2004. Our panel unit root test suggests that real GDP per capita and military expenditures are )1(I...

The Democratic Republic of Congo (DRC) is endowed with vast natural resources, including cobalt, copper, and diamonds. Despite this wealth, the country struggles with economic challenges, notably high poverty rates and instability. This paper introduces the Theorem of Industrial Diversification...