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We examine the dynamics of a country’s growth, consumption, and sovereign debt, assuming that the government is myopic and wants to maximize short-term, self-interested spending. Surprisingly, government myopia can increase a country’s access to external borrowing. In turn, access to...
Persistent link: https://www.econbiz.de/10014078840
Recent technological developments have enabled a wide array of new applications in financial markets, e.g. big data, cloud computing, artificial intelligence, blockchain, cryptocurrencies, peer-to-peer lending, crowdfunding, and robo-advising, inter alia. While traditionally comprising of...
Persistent link: https://www.econbiz.de/10012900027
In places that are not World Heritage sites, communities produce material culture continuously as a form of interaction between themselves and their environments. In the Okavango Delta region, crafts are a good example of such material culture. Today, the concept of ‘World Heritage’ is led...
Persistent link: https://www.econbiz.de/10014158920
Today, there are a lot of studies on climate change and sustainability from social sciences’ perspectives. Achievements of sociology, psychology or political sciences can be extremely helpful in designing, adopting, implementing and evaluating of effective climate and sustainability policy....
Persistent link: https://www.econbiz.de/10011565579
After World War II the continent of Europe was devastated both structurally and economically by the war. George C. Marshall is the man who can be considered the father of outsourcing and foreign aid, because of his military skills and training he was able to devise a foreign policy plan as an...
Persistent link: https://www.econbiz.de/10013101712
The geographic structure of the Magharib countries necessitates its political and economic partnership. However, there were many hindrances that curtailed further mutual benefits in the past decades. That minimized its economic cooperation in many ways. The emergence of the WTO adds to questions...
Persistent link: https://www.econbiz.de/10013103296
Humans act based on the ideas they adopt and apply to circumstance with the intensity of action derived from the associated emotions. It follows that in any society the presentation of the ideas to citizens a major driver of citizen opinion and hence a major driver of social development. After...
Persistent link: https://www.econbiz.de/10012859902
This paper explores the synchronicity of two mega-crises we are now facing: The BP oil spill and the repercussions of the 2008 financial meltdown. It examines some key common threads in both of these crises. The overarching message is that firms must maintain a culture of social responsibility,...
Persistent link: https://www.econbiz.de/10013139528
In recent decades, there have been concerns within the economics profession about the narrowness in both graduate and undergraduate economics programs. These concerns have been based on the view that economic phenomena can be the subject of many modes of explanation, each based on a particular...
Persistent link: https://www.econbiz.de/10013092087
The globalization of the world economy has increased interest in internationally recognized finance designations, which serve as external validation of expertise and are routinely used in hiring and promotion decisions. To help students, finance professors, career advisors, and practitioners...
Persistent link: https://www.econbiz.de/10013073877