Recent decades have seen a considerable expansion of global trade and a simultaneous decline in inflation volatility. This paper investigates whether greater openness to trade helps achieve inflation stability. Using panel data for a sample of developing and industrial countries over the period...

The current worldwide economy met deep changes, especially in the last decades, changes which had major effects over business area and determined the adoption of some decisions, at the level of main actors of economic life, which allow them to get through with new challenges. To that effect,...

The world economy is tripolar today, being dominated by the USA, the EU and Japan. Nevertheless, we must not disregard that China, India or Russia have a large economic and human potential and they incisively entered the economic competition altogether. For the time being, these countries...

Structural changes in the macroeconomy, brought about by the economic crisis, have profound implications for the Chinese textile and apparel sector, since firms will have to shift from mainly serving global brands in foreign markets to serving domestic Chinese consumers. This paper takes up the...

Purpose – The purpose of this seminal paper is to present the concept of sustainability in its purest form as conceived by Kautilya and bring out its relevance to the current issues and the areas of concern in the global perspectives. Design/methodology/approach – This paper goes with the...