The objective of this paper is to investigate the relationship between financial and economic uncertainty (risk) and the demand for international reserves. In addition, the association between this relationship and the political risk condition is further analysed for selected emerging economies....

This paper is a reinterpretation of the work done of the authors several years ago and it underlines the political risk of the countries that are member of the EU11 (European Union segmented at 11 countries that have geographical and strategic similar positioning) zone shaped by the World Bank...

Bangladesh as a labour-surplus emerging small open economy emphasises export promotion and greater emigration to accelerate economic development and to improve import capacity by benefiting from remittances. The empirical results show both long-run and short-run positive and significant dynamic...

In the present paper, our main objective is to bring to the forefront two notable processes, as a result of the world financial and economic crisis. On the one side, we underline the increasing role of the emerging countries (especially that of China, Brazil, Russia and India) in the world...

The breadth and depth of forward linkages in the tropical timber industry of Gabon is a result of three inter-acting drivers: the nature of final markets, ownership of production, and sector-specific policy. The Forestry Code set explicit domestic processing targets built on the trajectory of...

This paper investigates the contribution of foreign investors to capital market development in an emerging economy. The findings reveal that Foreign Portfolio Investment (FPI) as well as foreign issue of securities (FS) made insignificant contribution to development of the market compared to...