investment and financing it, is one of the crucial discussions in the economics of development and k at the center of the attention of economists. in the economic literature, it is shown that increasing the government, in other words, public sector investment will crowed out private sector investment. in this article we have tried to answer one major question. thut is, whether the public invest...

Due to the changes in modern world, it is necessary develop domestic pharmaceutical industry, which a task especially important context of implementation import substitution policy. The article classifies main measures state industrial policy has for industry; these cover informational and consulting aspects, research technical parts, innovations economic matters. Practical actions their possib...

Using Vector Autoregressions on U.S. time series, the present paper documents the effects of fiscal policy on foreign trade: an increase in government spending significantly depreciates the nominal exchange rate, appreciates the terms of trade and increases net exports. Exposed to the same spending shock, a New Keynesian general equilibrium model is shown to match qualitatively the response of ...

Foreign aid, foreign direct investment (FDI), exports and remittances result critical for the economic growth of countries that are geographically isolated from rest world located at disaster prone areas such as Fiji. The research proposes these variables might have a different impact in emerging economies, based on current social, political context recipient country. This implies prior to allo...