The literature on aid effectiveness has focused more on recipient policies than the determinants of aid allocation yet a consistent result is that political allies obtain more aid from donors than non-allies. This paper shows that aid allocated to political allies is ineffective for growth,...

Many existing classifications of developing countries are dominated by income per capita (such as the World Bank’s low, middle, and high income thresholds), thus neglecting the multidimensionality of the concept of ‘development’. Even those deemed to be the main ‘alternatives’ to the...

The 2011 Human Development Report argues that the urgent global challenges of sustainability and equity must be addressed together – and identifies policies on the national and global level that could spur mutually reinforcing progress towards these interlinked goals. Bold action is needed on...

Lack of access to finance is often cited as a key reason why poor people remain poor. This paper uses data on the Indian rural branch expansion program to provide empirial evidence on this issue. Between 1977 and 1990, the Indian Central Bank mandated that a commercial bank can open a branch in...

The article reveals the essence and the economic content of the economic efficiency at the enterprise level. Also, its forms are given, and respectively, indicators which can be used to measure the economic efficiency within the company. A production situation was proposed, through which have...

We study the sectoral allocation of public infrastructure investments in the agriculture and manufacturing sectors in India. In addition to the changing employment and output shares of these two sectors, the capital output ratio in agriculture in India has fallen, while it has risen in...

This publication deals with the issues of the special forms of support of the innovation activity in Russia: foundations for funding R&D; giving research grants; special order allowing budget institutions to transfer to the statutory capital of daughter organizations rights on R&D; special regime...

This publication deals with the analysis of theoretical concepts, which explain the influence of innovations on scientific and technological progress for long term perspective.

This publication deals with the analysis of theoretical concepts, which explain the influence of innovations on scientific and technological progress for long term perspective.

Innovativeness of the economy can be described as a determinant of economic development in the region. Businesses innovative activity results in the possibility of their development. Achieved results are tempting for other companies and lead to the undertaking of innovative activity. This in...