Most studies on examining the links between economic growth and FDI inflows have relied on the conventional GDP measure which has been argued as inadequate to provide clear insights on the macro sustainability of a country. Alternatively, the Genuine Savings (GS) indicator has been proposed as...

This paper analyzes the evolution of Spanish foreign direct investment (FDI) in Latin America in recent years (from the 1990s through 2012). Additionally, a summary of the primary explanatory factors of FDI evolution in the three countries with the highest indices of Spanish investment (Brazil,...

This study examines the trade flows in commodities for CARICOM countries through the utilization of the traditional gravity model for international trade. Per capita GDP differential, trade to GDP and language all impact trade positively. On the other hand, geographical distance, exchange rate...

International reserves are experiencing a significant increase, in part as a result of specific policies but also from the development of external factors, like remittances. This paper examines the role that remittances play in the accumulation of reserves, and uses a dynamic panel model for a...

This paper uses continuous time series data from 1960 to 2011 to evaluate the contributions of foreign income to domestic macroeconomic stability. Foreign income is operationalized as income from major trading partners. Elasticity and absorption models are used to examine the effects of foreign...

Touted as the largest public works program in the world, the National Rural Employment Guarantee Scheme (NREGS) was enacted in 2005 with the goal of curtailing rural poverty in India. To ensure gender diversity in program participation, the Indian Government set a target to allocate a third of...

The paper examines the relationship between economic freedom and the inflow of foreign direct investment (FDI) in twelve ECOWAS countries selected based on data availability over the period spanning 1995 to 2010. A panel data analysis was employed for the estimation in which preference was shown...

Using disaggregated data at the HS ten-digit level, this paper computes Canada’s intensive and extensive margins in the U.S. market with reference to the Rest of the World, the European Union, China, and Japan. The empirical findings for the 1992-2012 period show that Canada’s intensive...

The challenges faced by both developed and developing nations to collect, distribute, and conserve water are becoming even more difficult. While different strategies have been attempted by different governments, an economically viable solution appears to be the use of increasing block-rate...

The objective of this paper is to test whether monetary policy in Egypt has been backward or forward-looking over the 2002M1-2012M12 period. Using different specifications of a simple Taylor rule, we show that the Central Bank of Egypt (CBE) has become more forward-looking, especially after it...