The paper seeks to assess the impact of adjustment reforms on Sudan taking the current account balance as policy performance indicator. The paper shows that the government own reforms were more effective than those imposed by the IMF or the World Bank. It further illustrates that both policy and...

Join the European Union club implies, among many other policy changes, full integration of Romania's expected to have significant implications for domestic farmers and food processors. The paper constructs a single-country Applied General Equilibrium (AGE) model to investigate the impact of...

This paper highlights the corporate governance of financial institutions with particular reference to banking sector of Bangladesh. The importance of corporate governance of banks remains crucial given their contribution in economic growth through financial development. This paper has shed light...

This study identifies the effect of technology shocks on aggregate output using confirmatory factor analysis employed by Griliches, Hall and Pakes (1991). The analysis is based on the assumptions that there are two distinct shocks in an economy, demand and technology shocks, and that the patent...

Applied general equilibrium modelling represents a powerful tool for assessing future likely economic changes due to upcoming or hypothesised policy shocks such as those brought about by EU enlargement. It entails the main advantage of considering the complex simultaneous linkages, interactions...

The role of an effective regulatory regime in promoting economic growth and development and therefore international business has generated considerable interest among researchers and practitioners in recent years. In particular, building effective regulatory structures in developing countries is...

This paper uses Uganda National Household Survey (UNHS) data to investigate, via a discrete choice model, the main determinants associated with seeking private, government and pharmacy based health care, for both adults and children. More specifically, and particularly important given that...

This paper considers the impact of cash transfer programmes for the old in Brazil and South Africa on poverty among households with older people. Using datasets collected specifically for the purpose, the paper constructs conditional and unconditional estimates of the poverty reduction capacity...

This paper provides an empirical analysis of the relationship between R&D intensity, rate of innovation and the growth rate of output in four manufacturing sectors from 17 OECD countries. The findings suggest that the knowledge stock is the main determinant of innovation in all four...