Economic growth is an increase in the productive capacity of an economy. The productive capacity can be increased by an increase in factors of production, such as capital, labor, or the level of technology. Economic growth ...

Examination of the growth phases in developed and in developing countries and their involvement in international trade shows the importance of trade policies in these countries. In recent decades, many developing countries ...

The financial sector's role in economic growth is heavily contested by economists. Some argue that economic growth is not caused by finance, but that it responds to changing demands, while others argue the positive effect ...

Corruption is believed to be widespread and it adversely affects countries at different intervals, in different degrees. Corruption scandals show that bribes are commonplace and that even societies that are supposedly free ...

Inflation and its dynamics have been always capturing the attention of economic scholars and policymakers worldwide. Numerous theories in economic literature tried to define the concept of inflation by suggesting different ...

Despite the global liberalization of trade, financial and technological flows, there still are tremendous disparities in terms of income per capita and growth rates across countries (Hall and Jones, 1999). Among the plethora ...

In the past decades, international remittance inflows have significantly increased in developing nations. Their importance is being acknowledged due to their scale and growth, which makes them stand out on an aggregate and ...

Foreign direct investment (FDI), which may be flow or stock, represents the investment of foreign assets into domestic structures, equipment, and organizations. The parent multinational corporations (MNCs) may use vertical, ...

The relationship between natural resource wealth and economic growth has been extensively studied. As opposed to basic intuition, the results of several empirical studies suggest that vast natural capital endowments don't ...

In this article, we examine the role of financial development as a channel through which migrants’ remittances could affect economic growth in selected countries of the MENA region.