This article aims to analyze the possibilities of the accumulation and mobilization of savings and their role in the economic development of the Republic of Azerbaijan. Currently, the national economic growth is mostly based on the resource components; crude oil, natural gas and oil products....

This paper shows that the observed output of any market, placed within the confine of a quadratic map, can characterize the state of that market. Such an approach explains the process of market share’s growth and its pitfalls, the consequences of broken symmetry of scaling, as well as the...

Portfolio Theory has during many decades been considered as the holy grail of investment despite the fact that very few empirical studies in the public domain have shown that portfolio theory outperforms a random equal weighted portfolio. We will in this paper empirically investigate how...

This study investigated companies publicly listed in Taiwan from 2002 to 2010 to examine whether independent directors improve the quality of earnings and analyzed whether the control rights of a controlling shareholder mitigate the impact of independent directors on earnings quality. Empirical...

After the 2008 financial crash governments and central banks had to rescue banks which had become insolvent or illiquid, and whose failure threatened the Western financial system. The bill for this taxpayer funded bailout came to over USD 20 trillion globally, including assistance from US, EU,...

Chile's recent success in reducing poverty has been remarkable, with poverty rates falling by approximately two-thirds over the last 20 years. However, further gains against poverty may be inhibited by the increasing difficulty associated with targeting fewer poor people and better, more...

This paper evaluates the economic development of China using the New Economic Geography (NEG) as a framework of analysis. The NEG addresses the formation of agglomeration economies accruing to physical linkages in one location leading to the formation of a coreperiphery pattern between the...

The research of this paper is about casinos in the southernmost city in the Republic of Macedonia – Gevgelija, its geographical position and their role on the development of gambling tourism. Gambling tourism as a special form of tourism, for some world famous tourist destinations is the main...

Monthly wage series with quarterly periodicity between December 1994 and December 2004 for thirteen regions in Chile are presented in this paper. These series are based on the information recollected by the Superintendencia de Fondos de Pensiones (Pensions Fund Superintendence), but are...

In den zentralasiatischen Ländern Kirgistan und Tadschikistan müssen viele Erwachsene ihre Familien zeitweilig verlassen, um sich in anderen Regionen oder Ländern einen Arbeitsplatz zu suchen. Die Geldüberweisungen an die Familien stellen in beiden Ländern einen erheblichen wirtschaftlichen...