The impact of fiscal deficit on economic growth is one of the most widely debated issues among economists and policy makers in both developed and developing countries in the recent period. This paper seeks to examine the ...

A numerous studies have examined the determinants of sustaining ethnic peace in multi-ethnic developing countries and report on myriad contributary factors including economic, political and cultural issues. It is natural ...

The export-led growth (ELG) hypothesis suggests that there is a strong positive linear relationship between a country’s exports and economic growth. For many years, theoretical and empirical studies have examined the causal ...

The paper investigates the relationship between tourism, energy consumption, trade openness, economic growth, and CO2 emissions for 20 economies of the APEC region from 1995 to 2017. This paper employs cross-sectional ...

The Harberger–Laursen–Metzler (HLM) effect predicts that an exogenous adverse shock to terms of trade of a small economy leads to deterioration in its current account balance, and conversely. Most countries across the ...

In the present paper, the effect of foreign direct investment (FDI) inflows on income inequality in Asia-Pacific Economic Cooperation (APEC) economies is investigated by using annual data for the period 1990–2015. The ...

A vibrant stock market is of critical importance if a developing economy is to attain a high growth trajectory. In Sri Lanka stock market performance has been considered a key indicator of its economic as well as business ...

The financial-led growth hypothesis suggests that the financial development of a country plays a major role in its economic growth. Several channels through which financial development promotes growth in the economy include ...

The objective of this study is to draw attention the conditions necessary to suatain ethnic peace. The exrecise was modivated by the experience of Maylasia and Sri Lanka. Both countries are democracies, have practiced ...

This study investigates the correlation between tourism and economic growth in Sri Lanka spanning from 1990 to 2021. The analysis incorporates annual data on gross domestic product (GDP) growth, tourism receipts, labor ...