imperfection into a standard neoclassical (open-economy) model of growth, I show that FDI crowds out domestic investment when …

This paper investigates the effect of FDI on economic growth conditional on the institutional quality of host countries … countries, we show that FDI has a positive effect on growth only beyond a certain threshold of institutional quality. In order … to benefit from FDI-led growth, institutional reforms should thus precede FDI attraction policies. Additionally, some …

The large literature on the relationship between finance and growth uses the Private Credit/GDP ratio as the proxy for …

This article examines the effects of project finance on economic growth in the least developed countries (LDC …). Inspired by the neoclassical growth model we set up an econometric model to estimate the effects of project finance for a … suggest, that project finance has a significant positive effect on economic growth and therefore constitute an important …

We combine the real business cycle small open economy framework with the endogenous growth literature to study the … productivity cost of a sudden stop. In this economy, productivity growth is determined by successful implementation of business …

growth, inequality, and financial stability-all critical considerations when policies are designed. A case study for Jamaica …

innovation based entrepreneurship in particular are maybe the most important drivers of economic growth and that economic success …