In the architecture of the management functionality and performance, its decisional component has a privileged position. No other element has a more stressed managerial specificity and a greater impact in all the plans of its activities and results. There are the main reasons which determined...

This paper studies how financial stress is transmitted from advanced to emerging economies, using a new financial stress index for emerging economies. An episode of financial stress is defined as a period when the financial system's ability to intermediate may be impaired. Previous financial...