Following current debate about possible trade-off between financial sustainability and social performance of microfinance institutions (MFIs), this paper explores the extent to which these institutions are capable of expanding ‘financial inclusion’ i.e. provision of financial access to those...

This paper investigates the agricultural sector role into the African economic development process. These last years, several studies examined the contribution of agriculture to the economic growth of the less developed countries or the developing countries. We build on these empirical works to...

It is generally agreed that the rapid rise of public debt in most of the developed countries can be traced to the recent financial crisis, and the accompanying slump contributed to this problem. This has sparked debate about the likely adverse macroeconomic impacts of persistent large debts...

The performance in the current account of the balance of payments of India remains as a political and controversial issue and hence attracted considerable attention in recent years. To our knowledge very limited work has been done on the determents of the current account deficits especially...

The European Union lags behind the United States both in rates of employment and real wages. This study analyzes the relationship between wages, productivity and human capital in 5 European Union countries: France, Germany, Italy, Spain and the United Kingdom, in comparison with the USA. Firstly...