This research examines government policies and urban transformation in China through a study of Hangzhou City, which is undergoing dramatic growth and restructuring. As the southern center of the Yangtze River Delta, an emerging global city region of China, Hangzhou has been restlessly searching for strategies to promote economic growth and survive the competition with Shanghai. This paper anal...

Given China’s geographic proximity, dynamic economy, and policy emphasis on promoting trade, it should be no surprise that its economic role in Central Asia has expanded dramatically since 1991. With continued economic growth and expansion of transportation links, China’s influence will continue to expand. Important questions remain, however, as to how far China’s influence in Central Asia migh...

Improving science, technology, engineering, and mathematics (STEM) education, especially for traditionally disadvantaged groups, is widely recognized as pivotal to the U.S.'s long-term economic growth and security. In this article, we review and discuss current research on STEM education in the U.S., drawing on recent research in sociology and related fields. The reviewed literature shows that ...

Recently, much attention is given to financial-growth nexus, but largely via the physical capital accumulation channel. This study differed by examining this nexus, via the human capital accumulation channel in the ECOWAS region. It employed panel cointegration approaches as well as the FMOLS, DOLS. The results revealed that bank private credit and domestic private credit contribute significant...

The Information Technology (IT) industry has played a major role in India’s recent economic growth. However, the pattern of growth and cluster formation is not uniform across the country. While Bangalore emerged as a natural cluster, the governments in Hyderabad and Kolkata had to demonstrate entrepreneurial leadership qualities to create clusters there. This paper identifies the factors that c...

In this paper, we empirically investigate the effect of entrepreneurship on economic growth at the country level. We use data from the Global Entrepreneurship Monitor, which provides comparative data on entrepreneurship from a wide range of countries. An important element of this paper is that we compare the effects of entrepreneurial activity on economic growth in high income, transition and l...

As a result of rapid economic growth over the previous three decades, China has become the second largest economy worldwide since 2010. However, as a developing country with the largest population, this rapid economic growth primarily based on excessive consumption and waste of resources. Thus, China has been facing particularly severe ecological and environmental problems in speeding up indust...

The impact of trade liberalization on productivity and economic growth has received considerable attention in recent policy debates (for recent review, see Tybout, 2000 and 2001, Epifani, 2003, Erdem and Tybout, 2003). To start with, there is no consensus in the theoretical literature on the impact of trade reform on productivity. Some researchers claim that trade openness might improve product...