Financial crisis triggered in 2007 outlined once again the weaknesses and flaws of the current international financial system. In the mean time it created the opportunity for rethinking and redrawing its architecture in order to make it more flexible, more legitimate, more resistant to shocks...

This paper theoretically investigates the impact of European integration on employment by developing a new-keynesian model where fiscal policy effectively reduces firms’ market power. Stronger product market competition is shown to reduce the marginal ability of governments to improve...

Relative wages have been remarkably rigid for the last two decades in Danish manufacturing despite large shifts in relative employment from unskilled labor towards skilled and educated labor. Assuming capital-skill complementarity and fixed relative wages as a consequence of labor market...

In this paper we have treated several fundamental issues underlying a new world order of political and economic perspective. I made a brief foray into what about the prospects of creating a new world order and ways to implement it. new world order is a fundamental problem in the global economy..

The world is in a state of uncertainty; it may be an economic, social, political, moral, military, cultural, religious crisis… The international entities such as the International Monetary Fund, the European Financial Stability Facility, United Nations Organization, etc. collaborate for...

In this paper, we analyse data on global M&A deals for the last four years, from 2007 to 2010 to understand what are the trends and to answer the question - does a global financial slowdown increase the number of mergers or decrease it? We find that the number of mergers across the globe has...

The current global economic crisis involves shocks felt far and wide in Europe, without precedent in post-war economic history. This crisis was preceded by long period of rapid growth, availability of liquidity.The acute liquidity shortage pushed system to collapse. The financial crisis has had...

The "Economy of Communion" is an experience of social economy fostered by the Focolare Movement, an ecumenical and inter-religious organisation that originated within the Catholic Church in the 1940’s and is present in about 180 countries. The Economy of Communion is a global project involving...

This paper assesses the empirical relationship between the liberalization of international trade and the economic status of women. Although historically globalization is not generally linked to the advancement of women, several recent country studies find export led growth in middle and low...

Although the concept of CSR is gaining ground in European businesses, there are big differences among countries members of European Union. These differences refer to the approach regarding CSR and its implementation in companies. Central and Eastern Europe has a legacy of institutional and...