Can we use neoclassical growth model to single out the important transmission channels through which external factors or "primitives" affected the Indian economy and caused the remarkable growth of the period 1982-2002? In this paper, we answer the question by applying the new technique of...

In this paper, I discuss the reasons for Costa Rica's economic performance over the last quarter of a century. Three complementary sets of policies (investments in human capital, careful stabilization, and an intelligent and aggressive integration into the world economy) explain the successful...

The current paper, first, documents Ghana's "success" story. Second, it identifies the strategy employed. Third, it provides a brief history of why and how the strategy was adopted. Fourth, it provides some rationale for the success of the strategy, including the roles of domestic and...