The present article analyses some transformations suffered by the financial systems in the framework of new economic environment realities, including the financial and economic crisis, and also a number of indicators such as dynamics of banks’ loans balances, the interest rate on loans and...

The purpose of this paper is to examine politically sensitive food safety problems from the viewpoint of political economy. The model was built in order to clarify the behaviors of consumers and politicians, employing the prospect theory and the median voter theorem. Major findings and policy...

European Union migration policy. Socio-demographic changes in rural areas in the European Union. Spatial mobility of the rural population in Poland. Mobility of rural families

This paper weights the relative advantages of multiple factors that lead to the success of professional sports stadiums in major markets, though a discussion of the arguments for and against public subsidies towards these projects. Using a logit statistical model, the paper determines that the...

The topics of change, development and globalization are extremely pertinent to modern-day Samoa. The past ten years have lead to a vast increase in the inter-connectedness of Samoa to the world economically, socially, and culturally. This paper uses McDonald’s as a representation of the...

This paper uses annual US data to examine the causal relationship between immigration and real GDP. Despite its implications for policy, a statistically robust relationship between these two series has been difficult to pin down. Our tests reveal that both the series are break-stationary....

This paper examines changes in the allocation of public funds between production related public goods (PRPGs) and labour augmenting public goods (LAPGs) once elected village leaders replaced an appointment system. We derive a two-period theoretical model in which the interest of appointed...