In 1993 I went to a UNESCO/CROP conference in Paris organised around the theme: Economic Growth and its Significance for Poverty Reduction. The conference participants were an unusual blend of academic disciplines with historians, sociologists, economists, psychologists and political scientists, with a range of perspectives from Marxist to New Right. They came from countries at all stages of ec...

Abstract. In this research we try to consider the problem of applying the Nonhomogeneous Poisson process to trends of economic development. More specifically, a modified Nonhomogeneous Poisson process is derived when the intensity rate is considered as a solution of stochastic differential equation which satisfies the geometric Brownian motion. The mean and the variance of the modified process ...

According to conventional or traditional wisdom, countries that possess rich mineral deposits are fortunate. Such deposits are assets, and so are part of a country’s natural capital. Like an individual or family, the more capital and wealth a nation possesses, the richer and better off it is. In this view of the world, mining is the key that converts dormant mineral wealth into schools, homes, ...

We present a model of economic development where the importance of financial differences caused by limited enforcement can be measured. Economies where enforcement is poor direct less capital to the production sector, and employ less efficient technologies. Calibrated simulations reveal that the resulting effect on output is large. Furthermore, the model correctly predicts that the average scal...

The Internet and other Information and Communication Technologies (ICTs), in the form of e-adoption, have been used for social and economic development around the world. Information and Communication Technologies for Development is a growing research area and researchers worldwide have been conducting studies highlighting how the use of the Internet and ICTs are helping in socio-economic develo...

Bolivia’s macroeconomic performance in the period 1994 to 1998 is analyzed and compared with the performance in former periods and the performance of other developing countries (grouped according to income, region, and debt status). This allows to assess what has been achieved in Bolivia since the deep crisis of the early 1980s. A special focus is whether the constraints to investment, economic...

Sri Lanka was found to be a disaster prone country in the recent past. The impact is more severe when developing countries are faced to various natural or man-made disasters. Impact appears in many forms; loss of lives and property, economic impact, social impact etc. As a developing country, Sri Lanka is much more concerned with the country’s economic development. Therefore, it is wise to look...

In many countries, especially one such as Malaysia, tourism has become a key factor in economic development, and the industry heavily relies on feedback from local residents. It is essential to observe and examine the perceptions of residents towards tourists and tourism development for better planning in realizing successful and sustainable tourism development. Therefore, this research measure...

China is currently witnessing a major resurgence of syphilis from the elimination of the disease in the 1960s to 5.3 per 100,000 people incidence in 2000-2005. The reasons for the elimination and subsequent resurgence of syphilis in China lie at the heart of much public health debate, highlighting both the relationship between politics and public health, and the role of government in controllin...