Meet the editors

Ryan M. Yonk is the Undergraduate Programs Director in the Center for the Study of Public Choice and Political Economy at North Dakota State University. He is also a lecturer in the Department of Agribusiness and Applied Economics. Dr. Yonk received his PhD in Political Science from Georgia State University in 2011. He was previously a research assistant professor of economics at Utah State University. His books include *Green V.* 

*Green*, *Direct Democracy in the United States*, *Nature Unbound: Bureaucracy vs. the Environment*, *Reality of American Energy*, and *The Political Impact of Quality of Life*. Dr. Yonk is the author of numerous academic journal articles and policy reports focused on the intersection of public policy, economics, and politics.

Vito Bobek works as Professor of International Management at the University of Applied Sciences FH Joanneum (Graz, Austria). During the course of his academic career, he has published more than 400 units and visited twenty-two universities worldwide in the capacity of a visiting professor. He is a member of the editorial board of five international journals and an open access publishing company. He has a long history of being

involved in academia, consulting, and entrepreneurship. In 2008, he founded a consulting company, "Palemid," whereby he managed twelve major projects. He is also co-founder of the Academy of Regional Management in Slovenia. Over the last 17 years, he has also been a member of the supervisory board at KBM Infond Management Company Ltd.

Contents

**Section 1**

**Preface III**

Understanding Economic Development **1**

**Chapter 1 3**

**Chapter 2 21**

**Chapter 3 41**

**Chapter 4 63**

Fiscal Policy and Economic Development **85**

**Chapter 5 87**

**Chapter 6 105**

**Chapter 7 125**

Why Coevolution of Culture and Institutions Matters

*by Kyriaki I. Kafka, Pantelis C. Kostis and Panagiotis E. Petrakis*

Developing Together? Understanding the Interaction between, Amenity-Based Tourism, Agriculture, and Extractive Industries

Namibia's Triple Challenge and Its Economic Development

Economic, Social, and Environmental Dimensions of Development

An Analysis of Drivers of International Investment Decisions

Budget Deficit and the Federal Government Debt in Malaysia

The Direction of Reforming the Tax System on the Basis of the

Scientific Systemonomic Author's Model: Nalogonomy

*by Itumeleng Pleasure Mongale and Livhuwani Baloyi*

*by Mohamed Aslam and Raihan Jaafar*

*by Vito Bobek, Jellenz Moritz and Tatjana Horvat*

for Economic Development and Growth?

in the Northern Rockies

*by Ryan M. Yonk*

in Sudan

**Section 2**

in South Africa

*by Irina A. Zhuravleva*

*by Elwasila Mohamed*
