Microfinance institutions are considered to be a strategic tool for the poverty reduction in the developing countries. However, the methodological procedures to assess their impacts on the enterprise growth are scantly developed. This paper therefore intends to develop a conceptual and...

Besides the management of capital flows, some emerging economies have been facing policy dilemmas related to foreign (nonresident) and domestic (residents) operations of Foreign Currency (FX) derivatives in the post-global crisis setting. In a context of abundant liquidity and historical low...

This paper explores patenting and licensing of public funded inventions in Germany in order to capture nuances underlying the institution of IPR in the context of public funded research. We look at two mechanisms in Germany that concerns patenting and licensing of publicly funded science. The...

The challenges for the Russian Federation development have been studied in the article by examining the role of the country in the international merchandise trade, trade in services and FDI flows; the evolution of Russian trade patterns by geographical structure and by industries; the...

This paper presents the prospective sectors for further economic growth in Mauritius. We approach this by firstly tracing the historical development of Mauritius and providing explanations for the growth experienced. This is used as the basis for the analysis of the country’s current...

Although the 21stcentury has just begun, it is already possible to notice important differences from the precedent decade’s standard in the Brazilian economy. More precisely, from 2003 onwards, Brazil is passing through an incipient process of income distribution that is still modest to...