This paper revisits the issue of the optimal exchange rate regime in a flexible price environment. The key innovation is that we analyze this question in the context of environments where only a fraction of agents participate in asset market transactions (i.e., asset markets are segmented)....

In today’s fast changing uncertain business environment several factors influence competitiveness of a manufacturing firm. There are several competing priorities such as cost, quality, delivery, flexibility and innovation on the basis of which firms compete with each other. Together with these...

"To sustain competitiveness in today's highly local and global markets, an organization needs to excel in all its key dimensions. The world is facing a new industrial era marked by digitalization in various multidimensional sectors; experts call it Industry 4.0. Humans are slowly but steadily...