This study explores the impact of trade policies on small and medium-sized enterprises (SMEs) in Windhoek, Namibia. Despite SMEs’ critical role in Namibia's economy, contributing significantly to employment and GDP, their high failure rates remain…
The finite nature of certain fossil fuels, which are essential inputs in production, imposes a substantial constraint on the economy's long-term growth potential. This paper develops an endogenous directed technical change model under uncertainty…