This article aims to assess the cost of failure of Greece's ‘First Economic Adjustment Programme’, in terms of potential Gross Domestic Product (GDP) growth. In particular, real GDP trends are estimated through filtering techniques and compared with those had the first programme been...

This article explores the role of information and communication technologies (ICT) and of its individual components as factors of economic development. An augmented production function is employed to estimate the total ICT effect on labor productivity growth as well as the impact exerted by its...

I use parametric and non-parametric econometric techniques to show that education stimulates economic reforms. Lack of media freedom influences economic reforms in a negative way. The impact of schooling rises as media freedom diminishes