The study is an attempt to explore the impact of inflation and income inequality in Pakistan. The study also analyzes the effect of foreign direct investment, workers’ remittances and manufacturing value added on growth. Annual time series data from 1972 to 2007 was used for the analysis....

The late nineteenth century Danish agricultural revolution saw the modernization and growth of the dairy industry. Denmark rapidly caught up with the leading economies, and Danish dairying led the world in terms of productivity. Uniquely in a world perspective, high quality micro-level data...

Developing countries often are characterized as producers and exporters of a few types of natural resource based goods. Intuition dictates that these countries should change their strategy from being merely merchandise producers to technology developers in order to experience higher level of...

We consider the relative contributions of changing technology and institutions for economic growth through the investigation of a natural experiment in history: the almost simultaneous introduction of the automatic cream separator and the cooperative ownership form in the Danish dairy industry...

This research advances the hypothesis that natural land productivity in the past, and its effect on the desirable level of cooperation in the agricultural sector, had a persistent effect on the evolution of social capital, the process of industrialization and comparative economic development...

Most developing and underdeveloped countries beside Sudan suffer from the low levels of income in addition to the low savings that are result from the lack of sophisticated savings channels. Hence, the investment depends on the individual's abilities on self savings, where the investment is...

The present paper discusses issues of the tribal interactions living on the borders between North and South Sudan. Foresights are looked for, especially after secession. There are multiple ethnic relations and mutual resources collectively utilized. Different tribes live on those resources, in...

This paper attempts to reconcile two models for sustainable economic growth in developing countries. I develop an empirical and theoretical case for how the geographic landscape of a country determines the ease with which it can assimilate foreign technologies and establish institutions...

This paper revisits one of the classic debates on world capitalist development – the ‘transition to capitalism’ debate framed in Robert Brenner’s classic critique of World Systems and Dependency Theory. It was originally presented to the July 2007 conference of the International...

This article was published in a Capital and Class symposium on the 1987 crash. Its analysis retains its full force in 2009. It compared the 1987 and the 1929 crash, and explored the historical similarities between the long US postwar decline and the UK’s, from the mid-nineteenth century. It...