The finite nature of certain fossil fuels, which are essential inputs in production, imposes a substantial constraint on the economy's long-term growth potential. This paper develops an endogenous directed technical change model under uncertainty…
Economic, financial, and social ties are strong between the European Union and its neighborhood. More resilient societies in the EU’s neighborhood would mean that they are liable to suffer less damage from regional conflicts and global crises – and…
AbstractThis study examines the impact of exports, imports, and trade openness on Namibia’s economic growth using the ARDL cointegration method. The results reveal a significant negative relationship between imports and economic growth, while…
Tourism and foreign real estate investment (FREI), both represent important sources of foreign income for some emerging nations. Mauritius, a small island economydepends largely upon tourism and it has been promoting FREI over the past two decades…
Using country-level panel data, this study investigates the impact of foreign direct investment on the gross domestic product per capita in the Common Market for Eastern and Southern Africa region over the 2000- 2015 period. The estimates are…
Orientation: Whilst Africa is a lucrative market with many opportunities for all types of retailers, expanding into the continent is not without its own challenges. Therefore, foreign direct investors have to make strategic decisions.
Research…