The author has recently, defining a catch-up index, growth as catching-up, and deriving an equation for years for absolute convergence, shown Sub-Saharan Africa has fallen behind sharply and, even considering India's population-weight, South Asia has barely shown any growth since 1951 (growing...

This paper examines the long-run economic consequences of Russian serfdom. Employing data on the intensity of labor coercion at the district level in just prior to emancipation in 1861, we document that a greater legacy of serfdom is associated with lower economic well-being today. Our estimates...

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...

The purpose of this paper is to find factors which affect economic development in former Soviet Union countries and Central Eastern European countries. This paper uses cross-country data for 18 countries from 1999 to 2014. As a measure of development, GDP per capita has been taken, and the GDP...

Better science enables better technology that builds better bridges (or washing machines or computers). Similarly, better social science enables better social technology, and builds better organizations. The Executive Pocket Guidebook is an easily read introduction to the application of improved...

The main purpose of this paper is to stress the need for developing theory framework which involves the characteristics of the model presented by the Colombian-Canadian economist Lauchlin Currie along with the ECLA's ideas, particularly those developed by Raul Prebisch. Those elements let to...

Mass deportations and killings of Ottoman Armenians during WWI and the Greek-Turkish population exchange after the Greco-Turkish War of 1919-1922 were the two major events of the early 20th century that permanently changed the ethno-religious landscape of Anatolia. These events marked the end of...

The so-called ‘deep determinants' of economic growth and development (namely, geography, institutions, and integration) have been found to be decisive for the break out of stagnation and for explaining cross-country income differences by many empirical studies. However, so far, very little has...

The fundamental, underlying factors of development are often neglected when analyzing the question why countries experience a growth slowdown at the middle-income range. Although these so-called ‘deep determinants' such as geography and institutions have been found to be decisive for the break...

Where democracy is fragile and institutions function poorly, particularly in a developing country, competition law faces tremendous challenges. Getting a new agency started and ensuring the successful launch and implementation of a new competition law framework cannot be taken for granted. Yet...