Almost all of us sometimes voluntarily give up some scarce resources to make someone else better. Not only the amount of resources used for such purposes, but also other wider concerns (implications for private and government sector) have drawn the attention of economists in recent decades. In...

The privatization strategy in many transition economies involved the creation of a special government agency that administered state property during privatization programs as well as after the privatization was declared complete. The National Property Fund (FNM) was the agency in the Czech...

The aim of the paper is to outline an economic theory of security in international perspective. First section highlights the economic theory of alliances. Second section examines the defence economics. Third section looks at terrorism from rational choice theory point of view. Forth section...