Empirical studies emphasising supply factors argue that poor countries as a whole show a catching up tendency of rich countries as a whole. We offer a demand side SAM model to highlight the convergence in economic growth. The model predicts, after adjusting for peculiarities of economic systems,...

Human resource development and utilization (HR) occupy a central role in achievement of economic growth and social equity. Realization of the HR potential may often be hindered by institutional barriers. These are contextual; they can distort labor returns in either direction, involve conflicts...

The rationale of hybrid economic models revolves around the efficacy of multidimensional mathematical modeling and graphs as the most effective tools to understand any economic problem from a multidimensional view. The main motivation behind the creation of hybrid economic models is to evaluate...

The paper makes use of conventional manpower and educational planning methods by formulating and applying a forecasting model of labour imbalances in terms of demand and supply for occupational types and educational levels. The aim of public policy is to close the gaps in the absence of labour...

We examine main works that use the computable general equilibrium model in measuring the impact of trade liberalization on growth and distribution. We modify the model to include prospective restructuring of the economy and its distribution mechanisms, and apply it to one of the least developed...