We construct a matrix showing the share of the year 2000 population in every country that is descended from people in different source countries in the year 1500. Using the matrix to adjust indicators of early development so they reflect the history of a population's ancestors rather than the history of the place they live today greatly improves the ability of those indicators to predict curren...

This paper attempts to quantify disparate growth in Hamilton's Central Area. The spatial variation over time of three economic indicators was studied to do this. These indicators were property tax assessments, and multi-family and single-family property sales. The Central Area was divided into four geographic zones so that the indicator change could be associated with different parts of the Are...

here seems to be a general consensus among economists that the existing federal income tax structure in the United States: 1) is complex; 2) hobbles economic growth by creating disincentives to save and invest; and 3) creates a substantial compliance cost burden for individuals and businesses. It also appears that a large number of Americans and their political representatives concur with this ...

This paper provides an empirical analysis of relationship between economic growth and its determinants with special focus on the stock market development in Zimbabwe. Using data for the period from 1991 to 2007 the study employed FMOLS and ARDL bounds-testing for the long run relationship and ECM for the short run dynamics. The findings suggest a positive relationship between efficient stock ma...

This paper will attempt to examine the economic success of Asia through an in-depth comparison of Asian capitalism to the traditional Western system. Through this examination we will look at the impact of cultural dimensions such Confucian dynamism, and examine the roles of international trade and global competitiveness as factors influencing economic growth.

After around twenty years of neglect, inequality has been brought out of the cold. Inequality has re-entered the mainstream development policy agenda by featuring prominently in the World Bank’s World Development Report 2000/01. Inequality matters in its own right (see Inequality Briefing No 1) and it is key to reducing poverty. This paper draws on recent research to explore in what ways inequa...

1 Background The dynamic role of rural small and medium enterprises (RSMEs) in developing countries has long been recognized (Kayanula and Quartey, 2000). These RSMES can serve as engines through which the economic growth and employment objectives of developing countries can be achieved. However, for many years these rural enterprises have failed to grow beyond their micro enterprise nature and...

There are two contradictory answers to the question in the title. The first is the good growth hypothesis: economic growth generates higher incomes, which should make people approve of the government. Hence growth generates stability. The second is the destabilizing growth hypothesis: growth generates complex changes in society, and therefore instability. A part of the instability will be polit...

In recent decades, China has experienced double-digit economic growth rates and rising inequality. This paper implements a new decomposition approach using the China Health and Nutrition Survey (1991-2006) to examine the extent to which changes in level and distribution of incomes and in income mobility are related to health disparities between rich and poor. We find that health disparities in ...

This article examines how environmental degradation of fisheries resources in the context of Mauritius is linked up with human investment in education, economic growth, and income inequality. Empirical evidence shows that public-sector investment in education promotes economic growth, but at the expense of greater inequality of income. Among the vulnerable groups affected by this type of develo...