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This study examines the relationship between financial development indicators and human development in Nigeria from 1990-2019. It investigates the effect of broad money supply/Gross Domestic Product (GDP) on Human development; it examines the impact of credit supply/GDP on human development and...
Persistent link: https://www.econbiz.de/10014343111
Does aid contribute to human development other than by increasing growth? In doing so, is aid more or less effective in poorer countries (those with low levels of aggregate welfare)? This paper addresses these issues, assessing if there is cross-country aggregate evidence for an effect of aid on...
Persistent link: https://www.econbiz.de/10014029721
Persistent link: https://www.econbiz.de/10014525831
Over the last decade, a growing body of literature dealing with the phenom-enon of the "middle-income trap" (MIT) has emerged. The term MIT usually refers to countries that have experienced rapid growth and thus reached the status of a middle-income country (MIC) in a very short period of time,...
Persistent link: https://www.econbiz.de/10012205638
We modify the concept of the middle-income trap (MIT) against the background of the Fourth Industrial Revolution and the (future) challenges of automation (creating the concept of the "MIT 2.0") and discuss the implications for developing Asia. In particular, we analyze the impacts of...
Persistent link: https://www.econbiz.de/10012206273
This paper focuses on the effects of reforms and religion on happiness in transition economies. Previous literature … marital separation. I estimate an econometric model to study if religion also insures against aggregate shocks to happiness … religion and analyzes the effects of religion on life satisfaction, and perceptions of the current economic and political …
Persistent link: https://www.econbiz.de/10014189622
We examine the impact of geo-referenced World Bank development programs on subnational development using equally sized grid cells with a spatial resolution of 0.5 decimal degrees latitude x longitude as the unit of investigation. The proposed grid cell approach solves a number of endogeneity...
Persistent link: https://www.econbiz.de/10011796164
We study the long-term economic legacy of highly-skilled minorities a century after their wholesale expulsion. Using mass expulsions of Armenian and Greek communities of the Ottoman Empire in the early 20th century as a unique natural experiment of history, we show that districts with greater...
Persistent link: https://www.econbiz.de/10012964040
Persistent link: https://www.econbiz.de/10002648221
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