Several studies have commented on the emergence of a new inter- national monetary system in the post-Asian crisis years. The current international financial crisis has, however, put Bretton Woods II under considerable strain. This paper analyzes the sustainability of the pre- crisis order from...

Historically entrepreneurial activity is a multifold phenomenon that is developing rapidly and has an origin in antiquity. First so-called businessmen started their business enriching themselves by means of violence, in particular by robberies and swindles. Development of domestic and foreign...