In this paper we systematize existing theoretical and empirical, often contradictory, knowledge of leading international economists and foreign institutions about reciprocal and causal relations between income distribution, economic growth and income poverty, in order to highlight the importance...

Economic growth together with gross domestic product increase - have been considered as principal criteria of countries´ welfare. Contemporary era witnesses profound changes within countries and their population. These have been reflected in impacts on evaluating wealth, happiness and content...

By using the Pontryagin maximum procedure the author has found an optimal dynamic rule for the distribution of labor, investment, and material resources between the sectors of the open three-sector economy according to the maximi-zation criterion of discounted marginal consumption

The paper is devoted to an empirical study of determinants of vertical integration and their influence on economic growth. We verified the following hypotheses: higher quality of institutions reduces probability of vertical integration; productivity levels of participants in vertical integration...

This paper investigates the influence of import tariffs, external debt and speed of foreign reserves accumulation on economic growth. It follows from existing literature that these policies can have different influence on growth, depending on the relative stage of economic development. The...

The most significant changes which were related with ending of last century, Globalization, New Economy and Knowledge Economy, established condition for formation and development of Creative Economy, based on human creativity. The conditions for developing of Creative Economy are not in every...

According to the Mehlum-Moene-Torvik model, the influence of institutions and natural resources on the level of GDP is ambiguous: depending on the value of a threshold function of institutional quality and natural resource endowment, the economy may be in one of the two equilibrium types -...

По прошествии почти двух десятилетий переходного периода регион ЦВЕ/СНГ по-прежнему находится в состоянии перемен. После продолжительного периода устойчивого...

This article is oriented on the analyses of the development of the mergers and acquisition process. The author shows the main reason and motivations of expansion MA and its influence on the globalization of the world economy. This activity is (in the time and the territory) very different and...

The aim of this article is to present empirical estimates about the impact of human capital on labor productivity growth in the case of Slovenia. Instead the conventional methodology the methodology principally aimed at estimating the real convergence of labor productivity was used. The basic...