Monetary Policy and the Balance of Payments are key parameters in a country, in elevating the economy to the next favorable level. Balance of payments can be used as a measurement to understand whether the country in question is in debt to the rest of the world. Proper management of the...

Real Effective Exchange Rate (REER) is a measure of the trade-weighted average exchange rate of a currency against a basket of currencies after adjusting for inflation differentials with regard to the countries concerned and expressed as an index number relative to a base year. Inflation,...

The structural changes in the world economy have made themselves increasingly felt in the Federal Republic of Germany over the past few years. For the first time since 1965 there is again a current account deficit, since merchandise trade is no longer able, due to the worsened terms of trade, to...

This article analyzes sectors of specialization and sectoral dynamics in the regions of the Russian Federation from 2005 to 2015. The study is based on the methodology of the European Cluster Observatory in the 2016 edition as revised by the authors. It proposes a typology of regions depending...

This paper investigates the relationship linking investment (capital stock) and structural policies. Using a panel of 32 OECD countries from 1985 to 2013, we show that more stringent product and labour market regulations are associated with less investment (lower capital stock). The paper also...