The article discusses different causes of financial crises and shows that the imputation of reinvested profits of the subsidiaries of foreign firms as a debit item on a host country's balance of payments account tends to overstate the current account deficit and to make the host country seem...

The paper focuses on selective investment incentives. The main aim is to discuss question how to quantify net fiscal impact properly. As shown, the problem is not trivial - the proper quantification presupposes using of several parameters, accounting of costs in the economic sense of this word...

V poslednej štvrtine 20. storočia sa arabsko-izraelský konflikt pomaly menil na „palestínsku otázku“. Potom, ako bol Egypt kvôli uznaniu Izraela vylúčený z Ligy arabských štátov, bol v roku 1989 opätovne do tejto organizácie prijatý, čo bol signál, že arabské štáty už...