The Republic of Bulgaria has been a Member State of the European Union since 2007. Its economic development has been framed by a Currency Board Arrangement (binding the national currency to the euro) since 1997. Recent development is characterised by slow economic growth. Preliminary GDP data...

Innovation is a  polymorph, complex and multifaceted phenomenon. The changing context of Economic issues gives innovation a central role in the performance of Tunisian firms. In recent years, Tunisia's economy has become more complex and knowledge-based while recording remarkable performances...

Given the decline in growth momentum in the manufacturing sector in many OECD countries, the role of knowledge-based capital has emerged as a key driver for sustained growth. While empirical studies on estimating knowledge spillovers have usually been undertaken at the country level, the...

The study examined the linkages between inequality in household expenditure components and total inequality and poverty in Ghana. Using micro data from the sixth round of the Ghana Living Standards Survey conducted in 2012/2013, marginal effects and elasticities were computed for both within-and...

This paper computes the fiscal stance in a small open economy and asses its position to relevant macroeconomic variables in order to protect the macroeconomic stability and promote development. Since 2006 change in income and tax structure shifts the implementation of fiscal policy, increasing...

This study aims to analyze whether the observed growth in Cameroon between 2001 and 2007 was pro-poor or not. The main data sources used to complete this study are those of ECAM II, ECAM III and World Bank data. Among the tools used to analyze the nature of growth observed, are the FGT indices,...

Vietnam’s extensive social security system is claimed to have played a key role in the extraordinary poverty decline over the past decades. This claim is, however, not substantiated by empirical evidence. In this study, we investigate how well contributory pensions and social allowances...

Starting from the failure of the R&D-patents traditional relationship, when time-series and/or within industry dimensions are included in the empirical analysis, the present work tries to contribute to the empirical literature in two directions. Firstly, it perform a Granger causality test on...

We model the evolution of age-dependent personal income distribution and inequality as expressed by the Gini ratio. In our framework, inequality is an emergent property of a theoretical model we develop for the dynamics of individual incomes. The model relates the evolution of personal income to...

This paper aims to facilitate the understanding of the phenomena of poverty and inequality in the Peruvian society and, by extension, in other countries in Latin America through the use of the novel “Un mundo para Julius” by Alfredo Bryce Echenique with the framework proposed by the World...