The European Union is the largest trading power in the world, but this position is not unchangeable and the EU, as well as other developed countries, is recording a successive decline of the share in world trade in favor of some fast growing economies. In addition, the EU needs not only exports,...

The changing situation in the world economy is connected with growing competition on global markets. This new situation creates growing possibilities for some, for others loss of gains. The goal of the European Union is to be more competitive on the world market and to keep the leading position...

Since the electricity market was liberalized at the end of the last century, the authorities no longer fix prices, and there is now a variable price determined by the market. Every system has its own price-forming process. However, these systems are not completely isolated. It is possible to...

"The objective of this paper is to analyze the best trade approach for Southern Mediterranean countries (Morocco, Algeria, Tunisia, Libya, Egypt, Jordan, Syria, Lebanon and Turkey) that helps them increase market access and develop trade policies which will facilitate the most efficient economic...

Poor countries must specialize in standardized, labour-intensive commodities. Middle-income countries may have a richer menu of options available to them if their labour force is reasonably well-educated and skilled. This paper is motivated by the possibility that there may exist multiple...

The class of 'stable games', introduced by Hofbauer and Sandholm in 2009, has the attractive property of admitting global convergence to equilibria under many evolutionary dynamics. We show that stable games can be identified as a special case of the feedback-system-theoretic notion of a...