The present study analyzes the delimitation of money creation's major theories developed by the Banking School, on the one hand, and the Currency School, on the other hand. We took into account a series of researches on how the adopted banking policy is influencing the economic performance and...

The main aim of this article is to illustrate the influence that the irrational human activities have on the macro economic development. We have in mind to explain the crucial role of this type of behaviors in shaping the cyclical sequence of boom and recession periods. This paper is also aiming...

This paper realizes a comparative study among Eastern European countries regarding their ways of economic growth characterized by a higher or lower increase of inequality in their income distribution. The market liberalization from the early 1990s in the former communist countries have resulted...

Global capitalism constitutes a concept surrounded by contention and controversy, fact which is evidenced by the abundance of studies regarding it, and probably the main feature which is nowadays questioned is its moral behaviour. The present study intends to provide an opposite explanation...

Once with the latest wave of globalization, economic inequality regains an important place in the developmental studies. If the purpose of the contemporary globalization viewed from a neoclassical perspective is to achieve a convergence of productivity levels and average incomes for the...