This paper investigates the relationship between money, prices, output, and the exchange rate in Bangladesh during the 1974-92 period. Several interesting conclusions can be derived from the paper. First, the inflationary process in Bangladesh cannot be explained exclusively by the monetarist or...

This paper examines the impact of geography, access, urbanization, and trade on per capita GDP in developing countries. Based on data from the World Bank and using a sample of sixty-six developing economies, we find that per capita GDP is linearly dependent upon geography and access as measured...

This paper examines the effect of institutions on economic performance in developing countries. Based on data from the World Bank and the Global Competitiveness Report 2008-2009, we use a sample of ninety-seven developing economies and find that institutions do affect economic development in...