This paper provides my unique perspective as the economist on the team responsible for preparing the Liberal Party of Canada party platform for the 1993 election. This so-called 1993 Red Book was one of the first “contract with the public” political platforms. While not all the promises in...

Adopting a long term perspective, we evaluate the trade performance of less developed African countries. Besides some general trade indicators, we apply a constant market share analysis in order to decompose export performance into several components with specific economic interpretation. Our...

This paper surveys the literature that examines the effect of education on economic growth. Specifically, we apply meta-regression analysis to 56 studies with 979 estimates and show that there is substantial publication selection bias towards a positive impact of education on growth. Once we...

This paper investigates welfare gains and channels of risk sharing among 14 Middle Eastern and North African (MENA) countries, including the oil-rich Gulf region and the resource-scarce economies such as Egypt, Morocco and Tunisia. The results show that, for the 1992--2009 period, the overall...

The aim of this paper is to identify the knowledge elements that are crucial in the internationalisation process of Hungarian firms. It uses a two-dimensional model of business knowledge, which separates business knowledge along two dimensions: the tacit or explicit nature; and the codified or...

This paper aims to investigate the relationship between physical infrastructure and economic development of Pakistan. A composite index of physical infrastructure has been constructed through Principal Component Analysis. This has been done by taking into account three different dimensions of...

Background: Logistics cost is an important factor affecting the competitiveness on both macro (national) and micro level (firms). Logistics cost indicates the performance of logistics industry, efficiency level and its competitiveness. Research Problem: Despite of its significance, current state...

During the last twenty years Macedonian economy experienced numerous internal and external shocks from economic and political nature. Current world economic crisis is the last shock. However, the economy always showed latent power and possibilities of getting out of such shocks. It was a sign...

Total fertility rates in Sub-Saharan Africa are nearly double that of any other region in the world. Evidence is mixed on whether providing contraceptives has an impact on fertility. I exploit exogenous, intermittent reductions in contraceptive supply in Ghana, resulting from cuts in U.S....

This study was conducted to investigate the issue of what Philippine merchandise trade flows would be if countries operated at the frontier using gravity model. The study sought to estimate the coefficients of the gravity equation. The estimated coefficients were used to estimate merchandise...