The article is focused on area of economic competition. The basic pre-requisite of economic competition is assuring of freedom of entrepreneurship, freedom of partners choice, possibility to enter in and secede from branches, functional value system which ensures transparency of market and...

Русский: Трансформационный кризис представляется результатом активного применения неоклассической модели трансформации, и для выхода из него требуется...

The Two-Gap Model suggests that the Poor countries have to rely on the foreign resources to fill the two Gaps: Import-Export Gap and the Savings-Investment Gap. There are many forms of the foreign resources like FDI (Foreign Direct Investment), External loans & Credit, technical assistance,...

We study the causality direction between banking sector development and economic growth in Lebanon over the period 1992-2011. Firstly, using Granger Causality tests, we find a one-way causality running from economic growth to banking sector measures such as deposit growth and credit to local...

Countries with high levels of human capital also tend to be technologically advanced. We study whether modeling technology adoption can significantly amplify the importance of human capital differences in accounting for cross-country income gaps. We document that schooling is positively and...

This paper introduces the U.S. total (Haig-Simons) household-sector income accounting series, or THIAs. The THIA measures of total income, spending, and saving for the U.S.,1960-2021, respond to the needs of scholars and researchers expressed over many decades, as well as U.N. and OECD...

Problems of access to finance in developing countries can be decisive in generating poverty traps and persistent income inequalities. Unlike traditional finance which excluded vulnerable populations from participating in financial activities, microfinance institutions have made it easier for the...

Problems of access to finance in developing countries can be decisive in generating poverty traps and persistent income inequalities. Unlike traditional finance which excluded vulnerable populations from participating in financial activities, microfinance institutions have made it easier for the...

The BRICS countries (Brazil, Russia, India, China, and South Africa) have seen varying GDP growth rates, averaging around 5 percent in the 1990s, rising to 8 percent in the 2000s, and about 5.5 percent from 2011 to 2020. Structural change and labour productivity are key for sustained economic...

We document that the gender gap in non-agricultural work in developing countries exists primarily among rural married workers, not singles. Rural married women dedicate a much larger portion of time to home production compared to other groups, making them less likely to pursue non-agricultural...