In this paper we study the net effect of high-skilled emigration. Hence, we elaborate a simple theoretical model that studies the net effect of high-skilled emigration. The result showed that the emigration in the case where the fraction of human capital that emigrates is inferior to the...

We try to introduce in this paper an outline of explanation of the under development sources in the Arab world, by adopting the new definition of the social capital and institutional efficiency. It will be summarized around the intuition of spontaneous institution. It signifies the respect of...

Abstract As Mr. Barber Conable observes in his Foreword, the World Development Report 1991 "synthesises and interprets the lessons of forty years of development experience" (p. iii). In view of the World Bank's leading role in development financing for poor countries around the globe over much...

Abstract The notes were originally prepared for the South Centre (the successor to the South Commission) as its contribution to a development agenda for the UN for the 1990s. The notes suggest employment as the central focus of the new development agenda for the global community.

Abstract This paper investigates the relationship between information technology and the capital markets. The central analytical and policy question addressed here is what kind of financial system or capital market arrangements are most conducive to fostering information technology and its use...