On the role of fiscal policy in the U.S. economy

Article Abstract:

Fiscal policy serves as a macrostabilization medium in the US economy. Analysis of multivariate Granger-causality results showed that cyclical adjustment of government expenditures created a strong impact on nominal gross national product (GNP). Fiscal policy also affected the flow of real income and prices. An indirect Granger-causality relationship was established between fiscal policy measure and prices. A bidirectional relationship, meanwhile, was established between fiscal measure and nominal or real GNP.

Public Finance Activities, Economics, Research and Development in the Social Sciences and Humanities, Fiscal Policy, United States economic conditions

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The UAE growth surge: have information technology and human capital contributed?

Article Abstract:

A study was conducted to analyze the contributions of information technology and human capital accumulation on the rapid economic growth of the United Arab Emirates. The results of the study support the concept that good education is needed before new technologies can produce economic gains. It was also found that neither information technology nor human capital had any significant short-run effect on growth.

Scientific Research and Development Services, United Arab Emirates, Information Systems & Theory, Development, Economic Programs-Total Govt, Administration of Economic Programs, Economic aspects, Information technology, Influence, Economic development, Human capital, Report

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Assessing bank efficiency in an emerging market: The Kuwaiti experience in the 1990s

Article Abstract:

Looking at Kuwaiti banks in the years 1994-1997, the authors find empirically that the banks failed to use their resources efficiently.

Kuwait, Banking industry

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