In this paper, we analyse country risk of eight Central and Eastern European (CEE) countries by calculating time-varying betas. We have used daily closing prices of indices from 3 June 2002 through 2 December 2011, resulting in 2021 observations. The time-varying betas where calculated by...

This research examines the effects of bank reforms and regulatory controls recently enacted by emerging economies on cost efficiency of banks. The Stochastic Frontier Analysis (SFA) is applied to the cases of Turkey and Egypt since both of these emerging markets adopted similar bank reforms...

Coffee futures market needs to be efficient to benefit the producers. This paper explores whether this market provides the environment of hedging. In addition, we examine informational efficiency in the futures to justify the criteria for adequacy of hedging. The study is significant as India...

Singapore-New Zealand bilateral relations are long-standing and based on a close political, economic and defence ties. Being small in economic size and population, both nations have undergone some challenges in a bid to improve their national competitiveness and innovation landscapes. This paper...

As highly populous emerging economies begins to take the centre stage in the world economy; demand for energy is surging at an unprecedented rate. Traditionally used fossil fuels are non-renewable and their use often results in serious environmental pollution, as a result renewable energy is...

A central goal that has eluded most countries in sub-Saharan Africa is to effectively manage their natural resources, develop diversified and prosperous economies, and as a result, improve the standard of living of their citizens. This paper draws from the framework of diversification and...

The debate over the role of ethics in transition economies is part of a larger debate concerning the interaction of state and markets in East Europe. This paper demonstrates the suitability of the institutional approach and the methodological disadvantages of the neoclassical theory concerning...

We examine the impact of institutional quality on early stage and formal entrepreneurial activity and on knowledge spillovers. We use four institutional variables – the protection of property rights, business freedom, financial depth, and corruption as proxies for institutional quality....

Son preference in India results in abortion of female foetuses, and excess female infant mortality due to childhood neglect. Whether the increased use of abortion will reduce female infant mortality is a matter of debate. Using India's National Family Health Survey (NFHS) 2005–2006, this...