The basic thesis of this article is that the essential origins of the modern ‘financial revolution’ were the late-medieval responses, civic and mercantile, to financial impediments from both Church and State, concerning the usury doctrine, that reached their harmful fruition in the later...

This paper discusses the implementation of the new universal guidelines (SNA95) on the Dutch national accounts. A distinction is made between changes in basic concepts and classifications, changes in detail and supplementary classifications and changes in scope.

In both economically developed and developing countries, privatisation, budget austerity measures and market liberalisations have become key aspects of structural reform programs in the last three decades. These three recommended policies were parts of strong revival of classical and...

This paper investigates to what extent the different subsectors of the knowledge economy are subject to sector-specific spatial patterns of employment dynamics, and whether these patterns are conditional upon the general economic climate in a particular region. To this end, we analyze and...

The paper deals with an adaptive approach to PPP-projects selection andpresents the principles of adaptive management system formation. In addition, it specifies main lines for risk-man¬agement in adaptive approach anddescribes the functions of projects integral estimates as well as es¬sential...

Uncertainty and certainty of organizational-economic systems are their integral properties. Existence and development of any object in stochastic conditions is not obviously possible without presence of uncertain conditions and the certain factors determining the subsequent conditions of...

In the paper we describe genezis of decentralisation and corporatisation of airport sector in the Slovak Republic to reveal circumstances influencing expected decision about Bratislava airport privatisation in 2011. Special attention is devoted to unmasking the political umbrella of process in...

One of the ways to overcome, to some extent, the budgetary restrictions on the state's financial resources for investment in transport infrastructure is a public-private partnership. Thus, we considered it useful to express our own opinions as well as reiterating the presentation of world and...

Public-private partnerships (PPPs) have become a popular means of implementing public investment projects across the world. Many governments have been using PPPs to implement and realize investment projects concerning highways, power plants, hospitals and other fixed assets. This paper provides...