This text uses the theory of the firm to integrate and link economic theory (microeconomics and macroeconomics), decision sciences (mathematical economics and econometrics), and the functional areas of business (accounting, finance, marketing, personnel or human resource management, and...

In highly dollarized banking systems, the high level of foreign currency assets or liabilities on banks' balance sheets may create a currency mismatch risk, which could lead to bank failures when faced with sudden exchange rate movements. Central banks in such economies have to adjust their...

A well-functioning financial sector is crucial for a nation's growth and development. During the past ten years China has made substantial progress in developing and improving its financial markets, but additional major improvements are still needed in areas identified in this article. These...