The relationship between financial development and economic growth is the crucial issues which could grab economists and policy makers' attention to it. Financial market plays an essential role on each economy, because it conducts funds to those individuals or firms which have productive investment opportunities. If the financial system does not perform this role efficiently, the economic effic...

Work plays a fundamental role in people’s lives. Not only is it a critical source of income, but it also empowers people, gives them a sense of purpose and strengthens social cohesion. Decent and stable work provides the security necessary for individuals and their family members to thrive in society. In fact, labour is often the only asset available to the poor, with its earnings providing the...

This article discusses the relationship between economic development and one aspect of property rights, a statute of limitations defining time limits on ownership claims. The analysis centers on property rights in land. This article argues that the available development opportunities shape the time limits on ownership claims that maximize property values, which in turn creates an inherent under...

The following paper advocates an active rural employment policy in order to reduce rural poverty in the development countries and initiate a sustainable development process. The permanent large increases in the population call for a significant number of employment and income opportunities. As the agricultural sector’s capacity to provide employment is limited, the only alternative is the rural...

the asia-pacific region generates over half of global economic activity (54.2%) and about 43.7% of global trade, and is the most dynamic region in the global economy. at the core of this is an increasingly dynamic, vibrant and entrepreneurial small-medium sized enterprise sector. advances in information and communications technology, market liberalisation and moves towards closer regional econo...

There is increasing interest in the way that international highly skilled knowledge migrants (expats) begin to identify with place-specific characteristics of particular regions, and how these global citizens acquire particular connections and entanglements in particular localities, creating spill-over effects that drive innovation-based regional economic development. Part of the debate has bee...

This paper applies a geospatial network optimization model to explore environmental, economic, and time-of-delivery tradeoffs associated with the application of marine vessels as substitutes for heavy-duty trucks operating in the Great Lakes region. The geospatial model integrates U.S. and Canadian highway, rail, and waterway networks to create an intermodal network and characterizes this netwo...