Purpose: To detect how inflation impacts on economic margins and cash flows, so modifying the relationship among different stakeholders and the nexus of their explicit or implicit contracts. Proper inflation detection is a prerequisite for effective contracting and corporate governance...

A poverty trap is concerned with many possible different self-reinforcing mechanisms which cause misery to persist in a vicious circle.Microfinance is a successful financial innovation to help the poor to sort out credit exclusion, which is one of the poverty traps that prevent billions of under...

Digital platforms are a technology-enabled transactional tool that facilitates connections between stakeholders. Their characteristics are consistent with network theory applications where stakeholders are the nodes rotating around the platform. Platforms may be considered a new virtual...

An intangible is a non-monetary asset that manifests itself by its economic properties. It does not have physical substance but grants rights and economic benefits to its owner. The examination of the general approaches of valuation of companies is preliminary to the estimation of assets such as...

When economies face deflation and de-growth, Central Banks can only activate unconventional monetary policies.Quantitative easing inflates the Central Bank balance sheet, printing money and adding liquidity to the system while qualitative easing modifies the asset composition. With qualitative...

Project finance (PF) investments have consistently grown in the last years, especially if they concern infrastructural Public-Private Partnerships. PF is a long termed and capital intensive investment, guaranteed by expected cash flows, rather than the assets of the project sponsor. Private...

Project finance investments are highly exposed to inflation risk, especially if they are financed by foreign debt and located in developing countries with volatile currencies. In Public Private Partnerships, inflation risk may be mostly born by the private counterpart and its backing lenders,...