Existing indices of ethnic diversity are generally based on pre-defined groups, disregarding the (dis)similarities between them. This paper proposes an index that includes the dissimilarity in language, ethno-racial characteristcs and religion between groups. The resulting distance-adjusted...

Ethnic heterogeneity influences economic growth through various channels such as efficiency improvement and capital accumulation. However, it is open to discussion exactly how ethnic heterogeneity affects these channels. Hence, this paper attempts to examine the effects of heterogeneity on...

This paper presents an explanation of how the dynamic but uncertain process of economic development and growth occurs. It shows that economic development leads to structural change, an enhancement of capabilities and path dependence in the economy. It examines three different approaches to...

The current framework for improving aid effectiveness, the ‘Paris’ agenda of harmonization and alignment, has been found lacking. Alternatives are needed. This paper highlights some examples of recent innovations in the management and delivery of development aid. Drawing upon Barder (2009)...

Development theory has come a long way over the last century. It started with the notions of economic growth and development, and eventually has reached a stage where governments and academics are looking at more holistic patterns of living than merely growth. Sustainable development,...

Korea has achieved remarkable economic development since the 1960s, rising within a single generation from one of the poorest countries in the world to one with an affluent economy supported by world-class industries and large production capacities. This successful development of Korea has been...

This paper develops an empirically-relevant framework (a) to examine whether or not the African business environment hinders or promotes the knowledge economy (KE), (b) to determine how the KE which emerges from such an environment affects economic growth, and (c) how growth in turn relates to...