It is rational to assume that minimal trade barriers (tariffs and quotas), bigger trade sector, lower interest rate regulations, freer international capital market, lower credit and labour market regulations will make investment in a country more lucrative for foreign investors. We confirm this...

In our paper we establish foreign direct investment (FDI) as a major determinant of media freedom. Global integration can strengthen the media sector financially, make it technologically enhanced and can also improve the economic environment as a whole. This, in turn, would work towards the...

Financial development is definitely a determinant of the extent of foreign direct investment (FDI) inflow into an economy. Yet, the contribution of financial development (FD) can be dependent on the political situation of the recipient nation. Higher political stability aids financial...

In this paper, we consider the role of political stability in the source country as a potential push/pull factor for emigrants. We control for all possible potential source country characteristics and yet find political stability to have a strong influence on the skilled emigration rate. While...

Does higher educational attainment lead to greater participation in self-employment? Available studies agree and disagree on this subject through various explanations. We invoke an empirical example from the experiences of immigrants moving from poor countries to rich countries. Further, we...

Previous literature stresses the importance of free media for economic development. By its nature TV, radio, and newspapers cross borders allowing citizens to easily sample media from neighboring countries. This creates pressure for domestic reform and spreads media freedom between countries....

In the economic development literature, cultural diversity (for example, ethnolinguistic fractionalization) has been shown to have a negative impact on economic outcomes in many underdeveloped countries. We hypothesize that the impact of diversity on economic performance depends on the quality...