neoliberal approach with the aim to promote development in different countries has particular implications. it can be cited as monetary and financial system reform, privatization, elimination of barriers to trade and foreign investment. hence, from the beginning of the post-soviet, central asian countries adopted different approaches towards economic reform and moved towards a free market with ...

India is much more integrated with the world economy. Both current and capital accounts are complementing to each other. The economic slowdown that appears to have begun in the USA in September, 2008 has some negative impact on Indian economy. The most immediate and adverse effect of this global financial crisis on India is an out flow of Foreign Institutional Investment (FII) from the capital ...

The transition to New Economy and knowledge-based economy in the 1990s and early 21st century created an atmosphere that entrepreneurs and SMEs became crucial engines of economic growth. It was conjectured that such trends were brought about various changes in global business environment. These changes include technological changes, increased globalization, employment flexibility, consumer dive...

this paper surveys economic growth and energy consumption relationship by new econometric methods in different sectors of iran. this study uses panel error correction model and panel co integration and causality tests to investigate short run and long run relationship between energy and value added growth in different sectors of iran’s economy with regards to energy price in the time period of ...

The growth of the Malaysian economy has gone through several phases and strategies from inputdriven to productivity-driven and knowledge-based-driven, which is in line with the world scenario. The knowledge-based-driven of economic growth is crucial as it will raise level of competitiveness of the country, especially in facing the world challenges. This paper attempts to observe to what extent ...

This empirical research paper focuses on establishing a relationship between external determinants and economic growth of Pakistan economy. Empirical analyses are carried out with time series econometric techniques using data over the period of 1977-2013. The main finding is that external determinants such as foreign remittances, foreign direct investment, and foreign imports matter from a grow...

middle east countries have begun to implement economic reforms to stimulate private investment, promote economic growth and support the transition to market economy. although, it is difficult to define the direct impact of the accounting system reform on economic transformation, as there are many other conditions that have influence on the transition process. however, with the central position ...

The failure of Washington Consensus in the early 1990s forced International Monetary Fund (IMF) and World Bank to address the problems of inequality and poverty through Pro-Poor Growth (PPG). This shift in the global policy debate is evident from the international commitment to the Millennium Development Goals (UN, 2000). The paradigm shift to inclusive growth is evident from the Approach Paper...