The article is about the features of the socio-economic control as a form of social control. The author reveals specific methods of socio-economic control, which applicable to different control objects. Particular attention is paid to methods of solving problems arising in the implementation of...

Healthcare financing the world over has been of great concern to both developed and developing countries. Thus, policies on how to finance and provide healthcare to an entire nation to include both the formal and informal sectors, rural and urban areas in low-and-middle-income countries is a...

In spite of significant institutional and macroeconomic reforms over the last decade or two, capital flows to developing economies remain highly volatile. In 1996, net private capital flows to emerging markets reached US$230 billions; by 1997 these flows had been cut in half; by 1998 halved...

About 80 years ago Fredderick Soddy was probably the first scientist pointing out the importance of the second law of thermodynamics in the economy. Up today the majority of economists don't pay any attention to this fact, proved in the mean time quantitatively. The present world financial...

Recent findings have heightened the debate about the usefulness of public information in asset markets. Using daily composite and sector index returns, this paper examines the role of public information arrival in an emerging, high-inflation economy like Turkey. The findings reveal that real GDP...

The financial crisis 2008-2009 and the European sovereign debt crisis have shown that stress on financial markets is important for analyzing and forecasting economic activity. Since financial stress is not directly observable but is presumably reflected in many financial market variables, it is...

We use quanto credit default swaps to analyse the impact of a credit event in the Eurozone on the Dollar-Euro exchange rate. In light of the European debt crisis, market participants are willing to pay more for protection against a sovereign credit event if it is denominated in US Dollars rather...

This paper analyzes the influence of successive crises, including the recent European sovereign debt crisis, on banks’ equity returns for 11 countries. Our data span the period December 14th 2007-March 8th 2013 that encompasses different episodes of economic and financial turmoil since the...

Globalization and strengthening of integration processes have, among other things, also influenced some solutions relating to monetary sovereignty of particular countries. A great number of transition countries as well as some other underdeveloped countries are facing both inefficiency in their...