Equitable and quality education provision is widely recognized as an integral part of socio-economic development. Current theories propose different approaches for explaining the impact of education, and of early-childhood education in particular, on economic development. Despite opposition to...

The objective of the study is building and using macroeconometric model which ensures analyzing and forecasting the (short run) impacts of various policy measures and external shocks, particularly changes in the oil price, foreign price and income on the Azerbaijani economy.Cointegration and...

The ECO Regional Integration affects the Trade and Some Macroeconomic Variables of ECO MembersGlobal Trade Analysis Project Modeling Approach Trade policy reform will improve the ECO members' economic performance, by means of greater exports, imports and output, lower import prices, higher...

One of the pillars of food security in developing countries is the accessibility to food. Over the last decade, world food market experienced events during which food prices increased significantly. The periods of high food prices were also accompanied by a high degree of volatility in prices....

Since the latter half of 1990s, it has been discussed that many developing countries are going to face serious population aging problem while these economies are still underdeveloped and not adequately prepared against aging yet in terms of institutional reform such as social security. As the...

This paper provides an empirical analysis of CO2 emissions and economic growth, based on a panel dataset covering 93 countries over the period 1960-2008, and examines the challenge of country selection for homogeneous and appropriates groups. We have proposed a no parametric hierarchic...

This paper evaluates if and how speculation affects the volatility of commodity futures: it distinguishes between short term and long term measures of speculation and investigates if the impact on volatility is different. Speculation is measured by means of four indexes: scalping, Working’s T,...

In a recent line of research the low interest-rate environment of the early to mid 2000s is viewed as an element that triggered increased risk-taking appetite of banks in search for yield. This paper uses approximately 7,000 annual observations on banks of the CEE countries over the period...

In the current context where the limited role for monetary policy instruments apparently endows fiscal policy with higher effectiveness, European fiscal policy authorities are rather constrained by the fact of most countries being struggling against recessions together with the need to put...

1. Rationale/Objective Evaluation of healthcare reforms has been an integral part of healthcare system studies. In Uganda the effectiveness of the healthcare reforms that were systematically undertaken since 1992, has been widely studied. The partial equilibrium studies evaluating the reforms...