The balance-of-payments (BOP)-constrained growth rate is the maximum gross domestic product (GDP) growth rate above which unsustainable current account deficits emerge, forcing policymakers to implement contractionary measures that ultimately reduce…
The mounting interest in the environment has triggered scholars’ attention and effort to study the determinants of environmental degradation. Yet, a gap in the literature remains unexplored, environmental impacts of trade market diversification/…
The study investigates the dynamic relationship between education quality and economic growth in developed and developing countries for the period 2000–2020. Considering the Group Mean Fully Modified OLS (GM-FMOLS) model, the results prove the…
This policy paper critically examines the evolution, effectiveness, and shortcomings of Nepal’s investment, industrial, and trade policies over the past nine decades. Despite various reforms and liberalization efforts, Nepal has failed to attract…
Inadequate trade infrastructure and recent export bans imposed by the largest trading partner India in major food staples has resulted in a high risk of food insecurity in Nepal. This study examines the potential adjustments to be made in Nepal's…
The complex relationship between foreign direct investment (FDI), political stability, and economic growth remains a critical area of study, particularly for developing economies like South Africa. This research investigates how FDI impacts economic…
This study investigates the relationship between ESG performance and economic growth in BRICS nations from 2000 to 2020, aiming to understand how ESG practices influence development trajectories. By integrating economic theories with relevant…
The paper aims to verify the ambivalent causal relationship between economic growth and carbon dioxide emissions.
The data used were obtained from the World Development Indicators database for the period of 2000-2023. The
simultaneous equation model…