Research in recent decades has shown that an analysis of underground economy from the limiting perspective of economic factors of influence is insufficient. Through an integrative approach it is opened the way to a multidisciplinary and multi causal understanding of all factors (economic,...

La democracia directa se está expandiendo por el mundo, pero aún se sabe poco sobre sus efectos en las políticas públicas. En este artículo se da evidencia a partir de un escenario único. En España, la Ley determina que los municipios se rijan por un sistema de democracia directa o...

Microeconomic flexibility, by facilitating the process of creative-destruction, is at the core of economic growth in modern market economies. The main reason for why this process is not infinitely fast is the presence of adjustment costs, some of them technological, others institutional. Chief...

This dissertation contributes to the theoretical understanding of the determinants and consequences of productive government activity for the economic performance of a country’s economy. Chapter 2 gives a comprehensive survey of the recent theoretical literature on the link between productive...

Trade liberalization in Latin America has substantially altered business opportunities andeconomic development in the region. As barriers to competing inputs have come down andforeign investment in the region has gone up, small, domestic firms have struggled to stayafloat. Many small businesses...

This study investigates the interaction between corruption and foreign direct investment inflows in 23 emerging market economies during the period 2002-2014 by employing Westerlund-Durbin-Hausman (2008) cointegration test. We found that control of corruption and rule of law had no statistically...

Sidney miners take wage cut - Men employed by the Sidney mine have voluntarily accepted a 50-cent per day reduction in wages, it is reported at Wallace today, and it is possible this is only the first of the companies of the Coeur d'Alenes which will cut wages as a result of the reduction in the...

Verbundnetzwerke sind Unternehmensnetzwerke, die durch die Bereitstellung kollektiver Güter dazu beitragen, das dezentrale Unternehmertum ihrer Mitglieder abzusichern. Dies geschieht durch den gemeinsamen Betrieb eines oder mehrerer Verbundunternehmen. Netzwerk-Verfassungen sind wenig...

Microcredit, or small, short-term loans to the very poor, can help to bring about wholesale changes not only in personal income and the local marketplace, but also by adding meaning to life, building self-esteem and encouraging social integration. The cash advance is only the vehicle. The...