Theoretical and practical problems of structural policy are considered under institutional uncertainty, financial constraints and fiscal consolidation programs. The necessity for development and implementation of a new concept of structural policy is justified in view of the actual state of the...

We investigate how subsidiaries' political capabilities in emerging markets are not just shaped by their home- or host country institutions, but by both simultaneously - presenting a dilemma for subsidiaries of multinational enterprises (MNEs) in host countries. Subsidiaries need to develop CPA...

India is a large, heterogeneous and complex nation, with multiple languages, religions and ethnicities, and over one billion people. It stands out in having held together while sustaining a working democracy for over six decades, at relatively low levels of income. An important institutional...

A game-theoretic model for the description of political parties' competition in Ukraine is constructed. The system of assumptions, which is formed the basis of the model, is obtained. The electoral situations in Ukraine, as examples, are described by utilizing the proposed model. A set of...

This paper identifies, and then examines, whether institutional structures can be used to explain the occurrence of accounts manipulation. Specifically, it investigates whether legal origin, level of corruption, the extent of press freedom, State's ownership of enterprises, and the State's...

During the millennium 250 B.C. to 750 A.D., China's long-run economic performance was characterized by a self-sufficient agrarian economy with per-capita GDP and population remaining more or less constant. In the mid-8th century AD, a major civil war initiated a transition away from a...

The Author investigates the problem of mutual influence and dependence'sbetween estimates of quality of “economic” institutions, indicators of monetary stability, and growth rates in representative group of different economies - developed, developing and transitional (Selected Economies) at...

The word “Qian rule” (hidden rule) has been known to all Chinese people since the publication of Wu Si's Qian Rule. This paper proposes that the Qian rule, in the economic sense, is the transaction of discretion between the buyer and the rule agent. The meticulousness of the formal rule and...

This paper explores the institutional and human-nature determinants of financial investment behavior across households from 25 European countries by employing the seventh wave of the SHARE-ERIC survey. We find that households' investment behavior in shares or stocks is strongly associated with...