This chapter complements exiting African liberalization literature by providing fresh patterns of two main areas. First, it assesses whether African banking institutions have benefited from liberalization policies in terms of bank returns. Second, it models bank return and return uncertainty in...

Each type of investment has its own liquidity, i.e. the speed with which it can be converted into money. This can be seen with respect to various instruments (such as stocks or futures contracts), market segments, or even entire exchanges. The importance of liquidity has been acknowledged for a...

This paper aims to highlight the main economic disparities between the developing regions of Romania, during the 2005-2011/2012 period. We will focus on the Bucharest-Ilfov region, which differs both in terms of population density, and the galloping economic growth, relative to other regions. In...

John Maynard Keynes became world famous with the publication of The Economic Consequences of the Peace in 1919, a harsh critique of the Versailles peace treaty. As a consequence, Keynes was nominated by German professors in economics for the Nobel Peace Prize three years in a row, 1922, 1923 and...

We study the implications of forging stronger political ties with the US on the sensitivities of stock returns around the world to a global common factor - the global financial cycle. Using voting patterns at the United Nations as a measure of political ties with the US along with various...

We study the implications of forging stronger political ties with the US on the sensitivities of stock returns around the world to a global common factor - the global financial cycle. Using voting patterns at the United Nations as a measure of political ties with the US along with various...

The present article analyzes the recent expansion of the Belt and Road Initiative (BRI) in Latin America and the Caribbean (LAC). The study is justified by the noticeable increase and diversification of economic relations between the region and China in recent years. The advance of the BRI in...

The general objective of this study is to analyze the perspectives and the general framework of Sino-brazilian economic relations. Initially, it was sought to understand the determinants and implications of China's internationalization trajectory and its geoeconomic projection, whose...

This chapter complements exiting African liberalization literature by providing fresh patterns of two main areas. First, it assesses whether African banking institutions have benefited from liberalization policies in terms of bank returns. Second, it models bank return and return uncertainty in...