The external financing of fiscal deficit is key to bridging public revenue shortfalls within developing economies. However, the public expenditure responses to the incoming foreign financial assistances, as documented in the existing literature, depict ambiguity with respect to the nature of the...

Bangladesh, like all other developing nations, is historically dependent on inflow of foreign capital to finance investments necessary for the nation’s development. Dutch disease has always been an interesting field of research for economists all over the globe. The effectiveness of foreign...

The efficacy of foreign aid inflow with regards to dictating the development of the recipient nations is often questioned in the light of the Dutch disease problem whereby a surge in such inflows tend to appreciate the respective real exchange rates of the recipient nations, bottlenecking their...

The indispensable role of electricity in expediting the process of industrialization leading to economic development, of developing nations in particular, cannot be questioned. Thus, researchers and policy makers all around the globe have endeavored themselves in identifying the contribution of...