This paper discusses the major changes that took place in the key areas of structural economic policy in Latin America between 1985 and 2009 and presents a set of indexes that attempt to measure how favorable trade, financial, tax, privatization and labor policies are for the free working of...

Beginning in the 1980s, India has experienced an acceleration of economic growth by way of a promotion of a more efficient pro business and market oriented model. Following the rapid growth of the 1980s, the 1990s brought continued deregulation through market liberalization policies and...

This study examines whether stock market illiquidity forecasts real UK GDP growth using data over the period 1989q1-2012q2. Apart from standard linear model specifications, we also utilize non-linear models, which allow for regime switching behavior in terms of a liquid versus an illiquid market...

The purpose of this paper is to investigate the nature of water use a drought-inflicted region of Darfur. Economic development in Darfur is constrained due to the occurrence of intermittent droughts, desertification and water scarcity. The aim of this research therefore, was to develop an...

Bulgarian Abstract: Социалната политика на дадена държава е съвкупност от специфични дейности, които целят да регулират социалните отношения между различни по своето...

Political stability is an important precondition for economic development. While political stability cannot be created by laws alone, an effective legal framework for political governance, such as a constitution, can facilitate political stability. It is noted that political stability is not...

This article seeks to explain Africa's current quot;period of unparalleled economic success,quot; following decades of economic stagnation. Using newly available data, we investigate whether international commodity price increases (our quot;metalsquot; hypothesis) or policy reforms (our...

Export structure is less diversified in low-income countries (LICs) and especially small states that face resource constraints and small economic size. This paper explores the potential linkages between export structure and economic growth and its volatility in LICs and small states, using a...

Why do we do? Three new Indian states were created in November 2000- Chhattisgarh from Madhya Pradesh; Jharkhand from Bihar; and Uttarakhand from Uttar Pradesh, the largest reorganization of states since 1956. These states comprised of over a third of the population, a fourth of area, and a...

The paper examines whether the Arab Spring phenomenon was predictable by complete elimination in the dispersion of core demands for better governance, more jobs and stable consumer prices. A methodological innovation of the Generalized Methods of Moments is employed to assess the feasibility and...