The Frasier Institute’s Economic Freedom of the World is often taken as a metric of market capitalism. This paper argues that the index is an amalgam of measures capturing free markets and good governance, and analysts should remain cognizant of this conceptual conflation when using the index...

In the last two decades, more than half of the countries in the world have introduced a reform process in their power industries and billions of dollars have been spent on liberalizing electricity markets around the world. This thesis presents a doctoral research concerned with the cross-country...

This paper develops variants of the model suggested by Glick and Rogoff (1996) and VAR models to analyze short term effects of the main determinants for the current account in Costa Rica. Empirical evidence suggests that, lagged investment, government’s primary surplus, terms of trade,...

The aim of the article is to compare total real GDP growth of European countries from the 3rd quarter of 2008 to the 3rd quarter of 2012, that is the period from the start of the Great recession in European Union to the present day. This period is characterized by a predominant economic...

This paper analyses the current state and trends in Australia’s foreign economic relations with respect to the economic rise of Asia. Starting from an evolutionary view of Australia’s integration into the global economy, the consequences of the rise in the terms of trade are analysed....

This paper analyses the current state and trends in Australia’s foreign economic relations with respect to the economic rise of Asia. Starting from an evolutionary view of Australia’s integration into the global economy, the consequences of the rise in the terms of trade are analysed....

The paper reviews and compare a selection of existing and new alternative indicators of Revealed Comparative Advantages, with a special emphasis on trade in intermediate products. The research adopts a statistical approach for both its theoretical and its analytical facets. The formal concepts...

The monograph analyzes environmental practice of transnational corporations (TNCs) at the end of the 20th – beginning of the 21st century. The study investigates into the reasons for differing environmental practices of TNCs thorough the world and in Russia in particular. The author researches...

Paul .A. Samuelson, the first American Nobel laureate in Economics and the foremost academic economist of the 20th century. As a graduate student at Harvard, Samuelson studied Economics under Joseph Schumpeter, W.W. Leontief, Goldfried Haberler and the ‘American Keynes’ Alvin Hansen. He was...

This study assesses the effectiveness of different administrative models of US foreign assistance, with a unique focus on one that hypothetically channels more DFA-administered funds through the Millennium Challenge Corporation (MCC). The study finds several limitations with this model, and so...