This paper while emphasising the importance of the concept of financial stability in the wake of recent global financial crisis attempts to highlight the significance of the soundness of banking sector in emerging economies where banking sector constitutes a lion’s share in the financial...

This paper presents a critical analysis of the Index of Socioeconomic Development of Rio Grande do Sul (Idese), identifying the distortions and inconsistencies of this index, analyzing each of the variables that make up its four blocks: Education, Income, and Household Sanitation, and Health....

Economists argue that the SME sector is the most important Romanian economy and also the only sector that can bring economic recovery. The entrepreneurs are the key to economic recovery and stimulates the enhancement of SMEs to contribute to ensuring economic growth resources in difficult times....

The pace and incidence of improvements to oceanic travel conditions for American immigrants, during the quarter century preceeding the First World War, were significantly constrained by shipping lines’ capacity considerations. The improvements had no detectable impact on the overall volume of...

In the past decade, pirates from Somalia have carried out thousands of attacks on cargo ships sailing through the Gulf of Aden and the Indian Ocean, causing what others have identified as significant damage to maritime trade. In this paper, we use variations in the spread and intensity of Somali...