This paper suggests that area studies and economics have a better chance to be married successfully if we shift our attention from the exclusive emphasis on economic growth towards improvements in human development, especially the much broadened version of that concept. Different areas are shown...

International aid effectiveness has recently been significantly questioned in the development literature with regard to the large amount of aid received by developing countries to finance development projects and the mixed results achieved. However, assessment of development projects is not an...

The Gulf of Guinea's tremendous potential is creating investment opportunities for the region. Some of its resources, such as oil, minerals, and forests, continue to attract significant investments whereas others, like natural gas, could be exploited to their full potential if necessary...

This paper examines different explanations--initial conditions, openness to trade and FDI, and institutions--of the Mauritian growth experience since the mid-1970s. We show that arguments based on openness to trade and FDI are either misleading or incomplete, and the transmission mechanism...

This article is a survey of literature that provides general suggestions and recommendations as to how the top ten wealthiest African American owned businesses (six of the ten companies operating in two industries) can partner with African countries suitable to their expertise for mutual...

The rise of China is no doubt the most important event in world economic history since the Industrial Revolution. The institutional theory of development based on a dichotomy of extractive vs. inclusive political institutions cannot explain China's rise. This article argues that only a radical...

This entry discusses the main aspects of London's development since the expansion of the British empire in the nineteenth century. The keys to the city's transformation from imperial to postimperial urban center in the mid-twentieth century are highlighted in the first section. The entry then...

Developing countries are finding that maintaining adequate Information Technology (IT) policies is still a challenge if they aim to their socio-economic development. This paper will explore the argument that some developing countries could benefit from a systems’ view approach to policy that...

The peer review process typically has multiple evaluators. Too often editors rely on the Union Heuristic, which requires authors to perform all requested tests and extensions suggested by referees and editors, with results confirming the paper’s message. The Union Heuristic is easy, but has...