This research attempts to explain the large differences in the early diffusion of the mafia across different areas of Sicily. We advance the hypothesis that, after the demise of Sicilian feudalism, the lack of publicly provided property-right protection from widespread banditry favored the...

The trade volume and diversity of the products traded between Korea and Turkey have been increasing since early 2000s. On top of this, the enthusiasm of the countries in exploring new opportunities led them to start the negotiations on signing a free trade agreement in 2010. The process was...

The Industrial Revolution happened in Britain because by the 19-th century the eternal problem faced by humankind, i.e. the problem of hunger, had been resolved on a local scale. Thanks to a unique combination of factors, Britain just overtook the other West European countries (for a short...

This paper studies the pattern of trade specialization (PTE) of Uruguay and the dynamics that characterized it throughout the last twenty years. From a descriptive analysis of the PTE is used the methodological framework of the product space developed by Haussman et al (2007) to site Uruguay in...

In this paper, the impact of global financial crisis on India’s Gross Domestic Product (GDP) is investigated upon in an aggregate demand framework using quarterly data for the period from Q2 of 1996 to Q1 of 2010. GDP, consumption expenditure, capital formation and export were found to be...

This article shows some important aspects of a worldwide, historical phenomenon: the globalization of commerce and art which started in the second half of the sixteenth century and had the American, Asian and European territories of the Hispanic Monarchy as main protagonist during the Early...

This paper examines the export performance of the Republic of Macedonia to its main trading partners; hence we focus on the major importing countries which are most present in the Macedonian trade balance. The data used in this article are analyzed with gravity model, which has good...

FDI may affect the supply of productive resources including (financial capital, equipment and machinery, technology, management and etc.). FDI creates employment where unemployment and underemployment rate is high and thus increases the income of the workers. As a result an additional savings to...

The Industrial Revolution happened in Britain because by the 19-th century the eternal problem faced by humankind, i.e. the problem of hunger, had been resolved on a local scale. Thanks to a unique combination of factors, Britain just overtook the other West European countries (for a short...

Republic of Korean – Vietnam relation has been rapidly deepened in all fields, especially trade and investment since the establishment of diplomatic ties in 1992. This paper analyzes the patterns and trends in the trade relations between the two countries in the past twenty years. Various...