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The Grameen Bank in Bangladesh has pioneered a credit delivery system with a vision to bring banking services to poor villagers. It extends small collateral-free loans, known as microcredit (or microfinance in broader terms), to group of poor borrowers in order that they may eng…

This dissertation is based on the field of Growth, Technology and Development. It consists of three essays based on the JEL Classification system O0. Each essay independently explored Growth, Technology and Development topics. In the first essay, the topic of Causal Relationship…

Fossil fuels are the major sources of electrical power generation in the world. Among all fossil fuels, oil is considered as the most sought-after fuel. The burden on countries that provide subsidized electricity produced from oil-fired power plants is noteworthy. Kuwait is a no…