The aim of the current paper is to emphasize the correlation between FDI inflows and GDP growth rate in selected countries from Central and Eastern Europe (CEE). The dynamic of FDI inflows and GDP growth rate have been significantly affected by the current economic crisis, which has led to a...

The article aims to identify the nature of the relationship between governance and economic growth. The analysis of the facts showed that the main cause of poor growth in several countries in East Africa and sub - Saharan Africa is the weakness or absence of good governance although some of them...

India's child stunting rate is among the highest in the world, exceeding that of many poorer African countries. In this paper, we analyze data for over 174,000 Indian and Sub-Saharan African children to show that Indian firstborns are taller than African firstborns; the Indian height...

This study ascertained the effects of agricultural commercialization (agricultural net exports), deforestation as represented by exports of forestry products, economic growth and trade liberalization on the level of green house gas (CO2) emissions in Africa. It relied on World Bank data...

This paper aims to deepen the understanding of the transit of traditional to modern monetary system and its impact on economic growth in the Spanish economy over the first half of the nineteenth century. The main sources on which the study of the monetary policy in this period is based, in...

This essay examines three recent historical approaches to the political economy of Latin America’s relative economic backwardness. All three locate the origins of contemporary underdevelopment in defective colonial institutions linked to inequality. The contrasting view offered here affirms...

One of the main rationales for taxing consumption rather than income is that it is believed that consumption taxes discourage consumption, encourage savings, and thus generate higher economic growth. However, empirical evidence on the actual effectiveness of consumption taxes in stimulating...

This paper calls into question the existing of a direct and positive impact of foreign direct investments on economic growth. Considering that many controversial results have been caused by the use of cross-country or time-series investigations that do not reveal all facets of this complex...

It is common knowledge that corruption is harmful to the economic development, mainly because it reduces the level of foreign investments. The aim of this paper is to find the determinant factors for the corruption phenomenon in Romania and to assess the effects that it has on economic growth....