This paper estimates a pooled (fixed-effects) FDI investment function that seeks to identify some of the major economic and institutional determinants of FDI flows to nine major Latin American countries during the 1980-2001 period. First, it develops a conceptual framework of analysis that seeks...

IMF programs consist of granting loans, and of conditionality that countries have to follow in order to qualify for them. The paper uses a pooled time-series cross section analysis, covering 98 countries over the period 1970-2000 in order to find out which effect IMF programs have on the...

This study analyses the impact of financial sector reforms from the early 1990s on promoting economic growth in Morocco. To derive feasible policy implications, we estimate not only pooled regressions, but also variance decompositions of GDP growth rates to examine what proxy measures of...

This study analyzes the impact of financial sector reforms from the early 1990s on, promoting economic growth in Morocco. To derive feasible policy implications, we estimate not only pooled regressions, but also variance decompositions of GDP growth rates to examine what proxy measures of...

Purpose – The study aims to explore the sectoral contributions defined as agriculture, manufacturing and services value added, capital inflows defined as workers' remittances, foreign direct investment, official development assistance and domestic credit by banks as a proxy for financial...

Purpose: The study aims to explore the sectoral contributions defined as agriculture, manufacturing and services value added, capital inflows defined as workers' remittances, foreign direct investment, official development assistance and domestic credit by banks as a proxy for financial...