Purpose – The purpose of this paper is to analyze determinants of institutional quality based on six separate indicators of governance: voice and accountability, political stability, government effectiveness, regulatory quality, rule of law, and control of corruption....

Purpose – The purpose of this paper is to explore different prisms through which sustainable development (SD) is considered and to situate the discourse in African contexts by highlighting the contestations in which the conventional knowledge of SD is embedded as well as an agenda for...

Purpose – The majority of the world's population has limited access to needed medicines. The purpose of this paper is to explain why certain characteristics of the global pharmaceutical market have not served a large majority of potential consumers in the developing world....

Purpose – This essay aims to analyze the process of structural adjustment in developing countries. Its focus is on macroeconomic stabilization in the short‐term, but the analysis is situated in a wider context to consider how it relates to the implications of structural reform in the...

Purpose – This paper aims to assess the feasibility of the proposed Caribbean Monetary Union (CMU) by examining the synchronization of business cycles within CARICOM. According to the literature on optimum currencies, the synchronization of business cycles is a key requirement for the...

Purpose – This paper aims to examine the place of the Shell Petroleum Development Company (SPDC) in the sustainable development of the Niger Delta. Design/methodology/approach – To achieve this objective, the paper takes an overview of the oil industry and the Niger Delta. The paper further...

Purpose – The purpose of this paper is to examine movements of the Singapore dollar exchange rate against the US dollar. Design/methodology/approach – An extended open macroeconomic model with the IS, LM, and AS functions and comparative static analysis are employed and applied. The...

Purpose – The purpose of this paper is to examine the impact of agricultural technology on fertility rates in developing countries. Design/methodology/approach – It is hypothesized here that agricultural technology transforms production techniques and labor demand patterns which affect...

Purpose – Over the last two decades global cross‐border investment has increased. State‐owned and managed, sovereign‐wealth funds (SWFs), largely from the emerging‐market economies, have started playing a decisive role in underpinning, sustaining and expanding financial globalization....

Purpose – The purpose of this paper is to document the transformation of developing Asia's manufacturing sector during the last three decades. Design/methodology/approach – The paper briefly discusses the transformation during the last 30 years and benchmarks the sector by estimating a...