Manufacturing industry has been playing a central role in the economic development of South Korea. According to Deloitte’s report, the manufacturing industry of South Korea accounts for 30% of GDP and was ranked 5th in 2013 for its manufacturing competitiveness index. South Korean...

Located strategically between three continents which hold thousands of markets and industrial global zones, the Suez Canal is considered to be the shortest link between the east and the west due to its unique geographic location.This importance is getting augmented with the evolution of maritime...

After accession of Bulgaria to the European Union, the Bulgarian government performed new initiatives and some actions related to the implementation of major reforms in the field of financial control, in order to ensure good financial management of public funds. Among several new acts, the...

Current account deficit ise a measurement of a country’s trade in which the value of goods and services it imports exceeds the value of goods and services it exports. Current account deficit has an important role on economic growth for developing countries. The objective of this study is to...

The focus of this paper is to evaluate conceptions, perceptions, and interpretations of ‘financing sport’ throughout the European continent. The paper will aim to shed light on the ways that policy contexts dictate the application of sport financing as well as sport practices. While many...

To overcome the global economy crisis, industries must take a revolutionary step and look for modern technologies. A computer modeling and simulation process has brought about dramatic innovation in the field of engineering. In the process of product design and performance verification, computer...

The doctrine of price level stabilization is one of the most important building blocks in modern macroeconomics. In 1920s and 1930s, Friedrich August von Hayek presented a theory that challenged this monetary-policy regime. Hayek stressed that attempts to stabilize the price level in the...

At present more and more attention is paid to the development of intangible resources. In the literature there is a lot of evidence showing that these factors condition the development of contemporary economies and it is them that ensure competitiveness. But the key factor of the development is...

During all the economic problems unemployment is a major worldwide concern. Albania as it is often characterized as a country with an unstable economic situation, it is faced with serious issues as unemployment rate increase. Employment rate increase for a country is stated as the region’s...