INSTITUTIONAL AND POLITICAL DETERMINANTSOF ECONOMIC DEVELOPMENTAleksandra Praevi
Nothing matters more to the long-term economic welfare of a nation than its rate of economic growth. Compounded over many years, seemingly small differences in annual growth rates can lead to vast differences in standards of living. Research on economic growth has exploded in the past decade. ...
The study finds that the determinants of economic growth are different when this distinction is used. It reveals that in developing countries the key macroeconomic determinants of economic growth include foreign aid, foreign direct investment, fiscal policy, investment, trade, human capital development,...
The objective of this paper is to reveal the main determinants of the economic growth in South-East European countries. Real GDP growth rate represents economic growth in the analysis. We perform a panel data analysis for 7 countries with similar economic surroundings: Albania, Bosnia and Herzegovi...
This paper examines whether the drivers of economic growth are the same as those for genuine progress in the case of South Korea. Using data covering the period 1970–2005, the paper first constructs a Genuine Progress Indicator (GPI). An empirical model is then specified and estimated using ...
DETERMINANTS OF ECONOMIC GROWTH IN UZBEKISTAN: INTERDEPENDENCE BETWEEN DEVELOPMENT OF FINANCIAL SYSTEM AND ECONOMIC GROWTH Economic growth, financial development and electricity consumption are also considered as additional determinants of foreign direct investment. In so doing, the... U Atamuratov,H Izawa...
Rapid economic development has increased mass political participation in market reform China. Many electoral authoritarian regimes with a good record of economic development have experienced the growing participation of elite/middle-class citizens. Under the Chinese Communist Party regime, however, the poor...
While outward FDI might be unavoidable in the course of economic development and globalisation, developing countries need to emphasise improving political governance in order to prevent capital outflow arising out of high domestic political risk. On the flip side, science and technology investments ...
This paper examines the determinants and economic consequences of non-financial disclosure quality, which is measured according to the ratings of corporate social responsibility (CSR) disclosure provided by the Ministry of Economic Affairs in the Netherlands. We find that firms with better CSR performanc...
There are many explanations of why human fertility varies from one society to another and among different groups or individuals within the same society. Attempts to identify and measure the factors that affect fertility and hence to discriminate among cu