The main purpose of this paper is to assess the impact of financial market development on Foreign Direct Investment (FDI) in Latin American countries. Financial market development and FDI are two important sources of efficient economic resource allocation in the region. We use banking sector and...

This article tests for the causal direct and interactive association between capital inflow, aid and domestic savings, and the trade-led growth nexus within the context of a market-oriented economy. We applied the Toda-Yamamoto (1995) causality test which eludes the shortfalls associated with...

This paper uses panel data techniques to investigate the locational determinants of US outward foreign direct investment (FDI) into 23 countries of Sub-Saharan Africa (SSA) for 1996–2010. The findings revealed that US outward FDI into SSA is influenced by the availability of crude oil and...

Utilizing the 2010 Nicaraguan Enterprise Survey undertaken by the World Bank, I explore the impact of informal sector firm competition upon focal formal sector firms. The impact upon focal formal firms in relation to informal competitive pressures are influenced by firm maturity, firm location,...

This paper presents empirical evidence on how telecommunications infrastructure is related to economic growth in a panel dataset covering 44 African countries for the period from 1990 to 2010. A dynamic panel data approach model is employed, which suggests that telecommunications contribute in a...

This paper aims to assess the sustainability of the current account of Bangladesh over the period of 1982-2012 using the intertemporal solvency model of Hakkio and Rush (1991) and Husted (1992). This approach examines the relationship between exports and imports plus unilateral transfer...

Adopting a long term perspective covering four decades, we evaluate the trade performance of less developed African countries. Besides some general trade indicators, we apply a constant market share analysis in order to decompose export performance into several components with specific economic...

This paper examines the relationship between Foreign Direct Investment (FDI) and the real exchange rate for low-income countries of Sub-Saharan Africa, using a panel data approach and Two-Stage Least Squares (2SLS) method. The results show that while the depreciation of the real exchange rate...

The paper frames the trade relationship between China and Malaysia within the context of ASEAN and the impending RCEP. Specifically trade potentials are derived for the bilateral partnership within the two structures to identify whether China external options under the RCEP affect her...

In this paper we attempt to analyze the impact of an integrated microcredit program on the empowerment of women in rural Vietnam. We conduct a longitudinal study in 2008 and 2012 on a sample of 50 microcredit recipients. The finding indicates the importance of the empowerment components in the...