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In the past few decades, the issues in the literature on economic growth have broadened from the development of general theories of growth, largely based on Solow (1956), toward an examination of wh...
In 1642 the Massachusetts Bay Colony enacted an ordinance pronouncing, for the first time on these shores, that public education was a fundamental mission of the state. The Law of 1642 expressed con...
Peter Bauer was very much concerned with the question of how attitudes may affect the potential for economic development in underdeveloped countries. He was forced to deal with it because much of t...
On January 1, 1999, 11 European countries gave up the independence of their monetary policy by joining the European Monetary Union (EMU). Since that time, these countries have shared a common curre...
History is a constant reminder that sustainable healthy economic development requires sound and credible monetary policy. This is true of all nations, industrial and developing. Frequently, economic...
By now it must be universally agreed that low and stable inflation is a primary and essential goal for monetary policy, in large part because we believe it brings stability to financial systems and ...
For some time there has been a debate about the effect of economic freedom on economic growth and development (Beach and Davis 1999: 10; de Haan and Siermann 1998; de Haan and Sturm 2000; Edwards 1...
In its 2005 Report to Congress, the U.S.-China Economic and Security Review Commission—also known as the U.S.-China Commission (USCC)—recommended that China appreciate its currency, the renminbi (R...
Economic freedom indexes, especially the Fraser Institute/Cato Institute Economic Freedom of the World (EFW) index and the Heritage Foundation/Wall Street Journal Index of Economic Freedom, are bec...
Hernando de Soto’s The Mystery of Capital traces the essential developments of land registration and titling in 19th century U.S. history. But his chronology omits implementation of mid-17th century...
This article adds to the empirical literature on the relationship between corruption and economic growth by incorporating the impact of economic freedom. We utilize an econometric model with two im...
This article explores the impact of tax policy on economic growth in the states within the framework of an endogenous growth model. Regression analysis is used to estimate the impact of taxes on eco...
In explaining the acceleration in Indian growth, and to judge if an Indian economic miracle is on its way, it is first necessary to establish when this acceleration began, as this is still subject t...
This article is concerned with the determinants of economic growth, and, in particular, with the role of policy in directing the pattern of growth in developing economies. Over the years, economists...
Access to broadband is widely recognized as a prerequisite for a community’s economic welfare and the delivery of government services. In communities where the private sector is perceived as having fa...

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