1. Introduction -- 2. Economy and reality -- 3. Economic systems and enterprises -- 4. Corporate governance: shareholders, employees, stakeholders -- 5. Sustainability, ownership and the role of shareholders -- 6. Understanding money -- 7. Understanding the monetary system -- 8. Balance sheets...

This paper contributes to the analysis of sustainability policies by introducing Philia 1.0, a new stock-flow consistent ecological macroeconomic model. It presents a set of simulation comparing and contrasting the potential socio-economic and ecological effect of two alternative sustainable...

We first develop a standard theoretical model that shows that the likelihood of a collapse of the banking industry of a developing country increases, as the joint prevalence of large pandemics such as AIDS and malaria increases. We also show that the optimal bank reserves increase as the...

<heading format="display" id="h1" implicit="yes" level="1">Abstract</heading> As part of a broader financial development reform agenda, the Middle East and North Africa (MENA) countries have successfully expanded and revitalised their stock markets over the last decade. Whereas previous contributions have investigated efficiency, international integration and...