This paper focuses on examining the nonlinear impact of trade openness (TO) economic growth (EG) in Asean-6 countries (Indonesia, Malaysia, Thailand, Singapore, Philippines, and Vietnam). In order to achieve set research objectives, authors estimate model through fixed-effect panel threshold approach. Unlike previous studies, this finds that there is a TO EG, whereby has two values. Specificall...

The principal aim of this paper is to identify, in the context of the relationship between openness and growth, factors that can account for the poor growth performance of subSaharan African (SSA) countries. Including inequality as a broad measure of policy distortions, attention focuses on policy and non-policy barriers to trade, indicators of openness and resource endowments. The empirical an...

In this paper, we develop a simple open economy growth model that allows for the possibility that productivity growth and education affect each other and use it to empirically address issues of causality between the two. Technology adoption fostered by economic openness is modeled as the primary determinant of productivity growth. Thus, this framework also allows us to evaluate whether the much...

This study investigates the impact of foreign direct investment (FDI) inflow and trade openness on the expansion of information and communication technologies (ICTs) for the period of 1996 to 2005, in the Asia-Pacific and Middle East regions. Asia-Pacific countries cited in this study are: China (mainland & Hong Kong), Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam. The Middl...

Pursuant to Article 1 of the Convention signed in Paris on 14th December 1960, and which came into force on 30th September 1961, the Organisation for Economic Cooperation and Development (OECD) shall promote policies designed:-to achieve the highest sustainable economic growth and employment and a rising standard of living in Member countries, while maintaining financial stability, and thus to ...

In order to evaluate the development levels of countries, economic growth along with environmental quality account for important indices nowadays. The impacts of environmental quality (based on environmental performance index), the direct foreign investment, and trade openness on economic growth in selected developing countries have been scrutinized in the present study. In the present study th...

abstract financial crises and currency instabilities within developing and emerging economies during the last decade had a tremendous impact on the economic performance and increased vulnerability of economies against domestic and foreign shocks. the timing of capital liberalization is one of the significant debates among other issues related to currency instability, and it would be more conven...

While many herald globalization—the increasing interconnectedness of national economies—to be associated with rising standards of living across the globe, many others fear its effects on economic sustainability. Anti globalization forces and environmentalists in particular view these developments as a threat to intergenerational equity and the health of the environment because of profligate con...