We present a model of economic development where the importance of financial differences caused by limited enforcement can be measured. Economies where enforcement is poor direct less capital to the production sector, and employ less efficient technologies. Calibrated simulations reveal that the resulting effect on output is large. Furthermore, the model correctly predicts that the average scal...

The Internet and other Information and Communication Technologies (ICTs), in the form of e-adoption, have been used for social and economic development around the world. Information and Communication Technologies for Development is a growing research area and researchers worldwide have been conducting studies highlighting how the use of the Internet and ICTs are helping in socio-economic develo...

Bolivia’s macroeconomic performance in the period 1994 to 1998 is analyzed and compared with the performance in former periods and the performance of other developing countries (grouped according to income, region, and debt status). This allows to assess what has been achieved in Bolivia since the deep crisis of the early 1980s. A special focus is whether the constraints to investment, economic...

Sri Lanka was found to be a disaster prone country in the recent past. The impact is more severe when developing countries are faced to various natural or man-made disasters. Impact appears in many forms; loss of lives and property, economic impact, social impact etc. As a developing country, Sri Lanka is much more concerned with the country’s economic development. Therefore, it is wise to look...

In many countries, especially one such as Malaysia, tourism has become a key factor in economic development, and the industry heavily relies on feedback from local residents. It is essential to observe and examine the perceptions of residents towards tourists and tourism development for better planning in realizing successful and sustainable tourism development. Therefore, this research measure...

China is currently witnessing a major resurgence of syphilis from the elimination of the disease in the 1960s to 5.3 per 100,000 people incidence in 2000-2005. The reasons for the elimination and subsequent resurgence of syphilis in China lie at the heart of much public health debate, highlighting both the relationship between politics and public health, and the role of government in controllin...

Technologies to treat wastewater are now well established and are capable of producing almost any degree of purification. The main issue surrounding the selection of a given process lies in deciding which is the most appropriate and applicable technology for the particular social, political and economic environment. This paper concentrates on the development of the municipal wastewater treatmen...

Punjab economy remained a symbol of economic prosperity and a role model of economic development among the Indian states for more than three decades since the ushering in of the green revolution. The dismal performance of Punjab economy during the period of economic reforms relegated the state‟s economy from a leading to a laggard one. Punjab is now ranked at number seven among the major Indian...

This paper analyzed the spreading effect of industrial sectors with complex network model under perspective of econophysics. Input-output analysis, as an important research tool, focuses more on static analysis. However, the fundamental aim of industry analysis is to figure out how interaction between different industries makes impacts on economic development, which turns out to be a dynamic pr...