As a result of the liberal investment policy regime followed by many developing countries, including India, the inflows of FDI in developing countries have drastically increased during the last couple of decades. In this context, the paper provides an understanding of the emerging trends and...

This paper investigates the impact of trade openness on economic growth and development for a sample of 85 middle-income countries over the period 1970-2009. The paper employs non-stationary heterogeneous panel cointegration techniques that take into consideration the impact of cross-section...