The paper presents most recent estimates on the field of cross national digital gaps, in terms of application new information and communication technologies. The author proposes a way of measurement of the digital gaps among countries. The methodology is mainly based on the taxonomy principles,...

We challenge the conventional definition of corruption as the abuse of public office for private gain, making a distinction between legal and illegal forms of corruption, and paying more attention to corporate patterns of corruption (which also affect public corruption). We undertake to identify...

The paper analyzes the relationship between financial liberalization and socio-political risk by identifying the inter-dependent nature of socio-political and economic fault lines in three developing countries. Unlike the previous research, the current article suggests that domestic...

This paper examines the link between the real exchange rate volatility and domestic investment by using the panel data cointegration techniques. In the first part of the paper, we study the theoretical link between the exchange rate, its volatility and the investment in a small open economy. The...

The present paper draws heavily on the existing empirical literature and compares Asian (mainly the high-performing economies) and African economies to illuminate the patterns of economic development as they developed since the 1960s. The discussion points to strong physical and human capital...

The paper, mostly empirical in nature, investigates issues on cross-national new information and communication technologies (ICTs) adoption patterns and growth directions. In the period of 2000-2010, a great number of countries underwent substantial changes on the field of ICTs implementation....

The growth rate of real GDP per capita in the biggest OECD countries is represented as a sum of two components – a steadily decreasing trend and fluctuations related to the change in some specific age population. The long term trend in the growth rate is modelled by an inverse function of real...

In the past years majority of EU members experienced the highest economic decline in their modern history, but impacts of the global financial crisis were not distributed homogeneously across the continent. The aim of the paper is to examine a cohesion of European Union (plus Norway and Iceland)...

Over recent years, it appears that poverty (World Bank figure it in living on less than $1.25) has been declining. In fact, most of this information is defended by the statistics. It's something that, at first glance, seems to happen. But is it really so? The growth of gross domestic product and...

Economic activity during globalization has added to poor countries and rich countries in global economic transactions. Global economic activity is increasingly united. We are ruled by the rules of concrete economic paradigms. Orthodox economics participates actively in the world economy. Under...