The main purpose of this study is to use the Sharpe Ratio to test the efficient market hypothesis for different market capitalization and investment styles of mutual funds. The results of the study for the entire period of 1994-2007 as well as the two sub-periods (1994-1999 and 2000-2007)...

The main purpose of this study is to use the Sharpe Ratio to test the efficient market hypothesis for different market capitalization and investment styles of mutual funds. The results of the study for the entire period of 1994‐2007 as well as the two subperiods (1994‐1999 and 2000‐2007)...

This paper studies the role played by several bank specific financial indicators in determining the process of bank failure in Argentina after the Mexican crisis known as the quot;tequila effectquot;. Due to the relative scarcity of previous studies, this paper priorizes the use of...

This paper suggests that the discourse of sustainable development (SD) within the United Nations (UN) represents a paradigm shift from first/industrial modernity to a reflexive modernity. Reflexive modernity is defined by the changing nature of political structures in the face of globalised...

India signed a Free Trade Agreement with ASEAN on 13th August, 2009. In this paper we analyze one aspect of the possible impacts of the FTA that on India’s Balance of Trade. It is found that the impact of the agreement on India’s balance of trade is expected to be negative. India’s imports...

The aim of this article is to analyse the EU`s role in the developing world in relation to migration. To achieve that reasons behind the migration from developing countries to EU countries are discussed and the impact of migration on the development of poor countries is analysed. The common...

Recently we have seen that the middle-sized states are coming together in several forums. The WTO meetings and India-Brazil-South Africa (IBSA) dialogue forum are among those to be cited. Such groupings are mainly economy oriented and whether they will have political output needs to be seen,...