This paper presents a comparative analysis of economic development in European and Eurasian countries, focusing on the educational level of population, fertility rates, production by sector and foreign trade. Countries are classified into 5 large areas: three for Western Europe, one for Central...

We present a comparison, at area level, of production by sector in America, Western Europe, Central Europe, East Mediterranean and East Europe, including also Russia and former Ussr countries, and we analyze the main differences among these areas in economic development during the 20th century

The aim of this article is to point out the importance of education on a sustained economic development strategy, having into account inter-sector relations and the influence of education in the growth of production per head. Three cross-country models are presented to analyze the evolution of...

The determination of leading indicators of stock market returns is of interest to both practitioners and academics. This paper analyses the validity of the recent macroeconomic factors indicated in the literature as providing a reliable indication of Australian stock market returns and concludes...

This paper uses a systems-based analysis across 137 countries over the period 2002~2017 to identify if there are macroeconomic characteristics that discern low, middle- and high-income countries and countries ranked by GDP per capita quartiles. The analysis identifies defining characteristics...

The global economy is passing through a period of profound change. The immediate concern is with the financial crisis, originating in the North. The South is affected via reduced demand and lower prices for their exports, reduced private financial flows, and falling remittances. This is the...

This paper shows, using a simple model, that wasteful innovations may result in a loss-loss situation where no country experiences an increase in welfare. If some countries introduce innovations that result in harmful effects on other countries, it may cause the adversely affected countries to...

In May 2007 the Bank for International Settlements (BIS) and the Federal Reserve Bank (FRB) of Atlanta hosted a meeting in Mexico City on quot;New financing trends in Latin America: a bumpy road towards stabilityquot;. The meeting, which was chaired by Philip Turner of the BIS, brought together...

The telecommunications sector in Africa presents many exciting prospects to international investors - indeed many billion dollar projects are already underway across the continent. Many of the continent's current problems can be traced to the exploitation it has experienced whilst 'doing...

In the famous debate between Keynes and Ohlin on the transfer problem, the interaction between non-traded goods and unemployment complicates the analysis considerably. We analyze these issues using four different models to conclude that Keynes's concern regarding the large burden imposed on...