Vintage capital growth models have been at the heart of growth theory in the 1960s. This research line collapsed in the late 1960s with the so-called embodiment controversy and the technical sophisitication of the vintage models. This chapter analyzes the astonishing revival of this literature...

This chapter advances a panel vector autoregressive/vector error correction model (PVAR/PVECM) framework for purposes of examining the sources and determinants of cross-country variations in macroeconomic performance using large cross-country data sets. Besides capturing the simultaneity of the...

We use a new dataset on nonresource GDP to examine the impact of commodity price volatility on economic growth in a panel of up to 158 countries during the period 1970–2007. Our main finding is that commodity price volatility leads to a significant increase in nonresource GDP growth in...

Among the good things that economic progress provides us is access to better health and longevity. The average life span in the advanced countries was of the order of 40 years in 1900; it is well over 70 a little more than a century later. It has also grown in less developed countries; as poor a...

The purpose of this chapter is to explain the concept of right to participation from the viewpoint of development and tries to establish nexus between participation and right to development in context of human rights-based approach and try to establish the co-existence between the two...

Although many previous studies have explored the impact of financial development in promoting economic growth, there is relatively little evidence regarding the effect of political institutions on financial development. This chapter offers strong evidence that political Islam and democracy...

Purpose – To discover how SRI develops in the Asian context. Methodology/approach – Extended search of SRI initiatives analyzed with Scandinavian neo-institutional approach on how ideas travel and Buddhist Economy. Findings – Chinese SRI-initiatives imitate western peers, but the imitation...

Nearly three decades have passed since the “heyday” of development administration. Huddleston (1984, p. 177) among others distinguished development administration from mainstream public administration at the practitioner level. He considered it as an area of comparative administration that...