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Like most transition economies, Bulgaria, Lithuania, and Mongolia suffered severe banking crises,...

Based on U.S. data, the returns on foreign direct investment in emerging markets are shown to be...

No country has achieved sustained economic development without investment in education. Thus,...

The paper provides an analysis of the impact of HIV/AIDS on the health sector, public education,...

This paper develops a model to examine the macroeconomic implications of population aging. Using...

Agency problems within the firm are a significant hindrance to efficiency. We propose trust...