We use a Bayesian dynamic latent factor model to extract world, regional and country factors of real interest rate series for 22 OECD economies. We find that the world factor plays a privileged role in explaining the variance of real rates for most countries in the sample, and accounts for the...

List of tables -- List of figures -- Comparative analysis -- The five phases of economic development and institutional evolution in China, Japan and Korea / M. Aoki -- Social organizations, risk sharing institutions and economic development / A. Greif, M. Iyugun & D. Sasson -- Before and beyond...

This book is the result of recent research by contemporary scientists on topics which were discussed at the conference of the same name in Volgograd, Russia in April 2017. The global economic system is currently in a stage of active formation and development: its boundaries and conditions of...

"The business environment is our environment, it is the world we live in and all aspects of the business environment should be viewed in terms of people. Business ethics is about fairness in how a business operates; a business environmental policy is about how we pollute or preserve our own...