This paper highlights the corporate governance of financial institutions with particular reference to banking sector of Bangladesh. The importance of corporate governance of banks remains crucial given their contribution in economic growth through financial development. This paper has shed light...

This study identifies the effect of technology shocks on aggregate output using confirmatory factor analysis employed by Griliches, Hall and Pakes (1991). The analysis is based on the assumptions that there are two distinct shocks in an economy, demand and technology shocks, and that the patent...

This paper provides an empirical analysis of the relationship between R&D intensity, rate of innovation and the growth rate of output in four manufacturing sectors from 17 OECD countries. The findings suggest that the knowledge stock is the main determinant of innovation in all four...

The change in government in 1991 brought about radical economic reform, from state control to an economy led by private sector development. The reforms included decentralisation, privatisation and liberalisation of the financial sector. Liberalisation initially led to the proliferation of...

The paper seeks to assess the impact of adjustment reforms on Sudan taking the current account balance as policy performance indicator. The paper shows that the government own reforms were more effective than those imposed by the IMF or the World Bank. It further illustrates that both policy and...

Join the European Union club implies, among many other policy changes, full integration of Romania's expected to have significant implications for domestic farmers and food processors. The paper constructs a single-country Applied General Equilibrium (AGE) model to investigate the impact of...

This paper uses Uganda National Household Survey (UNHS) data to investigate, via a discrete choice model, the main determinants associated with seeking private, government and pharmacy based health care, for both adults and children. More specifically, and particularly important given that...

The article reassesses the contribution of Sir Arthur Lewis's 1954 article entitled "Economic Development with Unlimited Supplies of Labour" to our understanding of economic development, and to the establishment of development economics as an academic discipline. It argues that Lewis's key...

Since the 1990s, accelerating economic growth has regained its dominance in the anti poverty strategies. However, the rising tendency of income inequity at the global level and within the countries emphasizes the need to incorporate distributional factors to make the pro-poor growth strategies...