The outcome of the assembly elections held in November 2013 in Madhya Pradesh, Rajasthan, Chhattisgarh and Delhi could possibly be summarized in one sentence: Bharatiya Janata Party (BJP) retained Madhya Pradesh and Chhattisgarh, and the incumbent Indian National Congress (INC) lost power in...

China is in a key stage of industrialization and urbanization, which brings a high economic growth rate accompanied by high energy consumption. To alleviate the unsustainable demand for energy consumption, China’s government has instigated an energy-saving policy to decrease energy consumption...

The recent White Paper emphasises once more that the Trans-European transport network (TEN) is a key element in European Union (EU) policy, yet that its realisation is jeopardised by the lack of an integrated approach during evaluation and funding of cross-border infrastructure. Despite the...

Continuing concern in many countries about the processing of spent nuclear fuel has sparked new interest in how best to make evidence-based decisions about divisive issues. Stakeholder Preference Mapping (SPM), described here, is a way of applying multi-attribute decision analysis to structured...

This special issue of the in North American Journal of Economics and Finance presents 24 papers by leading scholars in the field on “Recent Developments in Financial Economics and Econometrics”. The breadth of coverage is substantial, and includes original research and comprehensive review...

In this paper, we develop a new capital adequacy buffer model (CABM) which is sensitive to dynamic economic circumstances. The model, which measures additional bank capital required to compensate for fluctuating credit risk, is a novel combination of the Merton structural model, which measures...

Cognitive radio (CR) is considered a promising technology that could provide important benefits in the telecommunication domain. In Europe, the number of research projects, standardization activities and public consultations by the European Commission and regulatory authorities testify to the...