Joining the European Union big opportunities in the international markets have opened for Latvia. Paper purpose is to investigate influence of international integration processes on development of economy of Latvia. In the paper Latvian economic indicators before and after entering the EU are...

The main aim of the paper to test for structural convergence among arbitrary selected European countries. The authors choose four transition economies: Poland, Czech Republic, Hungary and Slovak Republic which are widely recognized as structurally similar economies. All four countries` economy...

La crisis internacional reciente no ha invalidado el conocimiento adquirido previamente sobre los orígenes y las curas de las crisis económicas. Por el contrario, lo ha confirmado. En este artículo se describen tres lecciones de siempre, confirmadas por la última crisis internacional....

Joining the European Union big opportunities in the international markets have opened for Latvia. Paper purpose is to investigate influence of international integration processes on development of economy of Latvia. Latvia's incoming in EU increased the amount of received means from structural...

In this paper is analyzed the relation between GDP growth and External balance in Colombia for the study period (1963-2016) by using a VECM. Supposing everything else unchanged, we conclude that Colombian external balance granger caused GDP growth and there was indeed a long run relation between...

From the standpoint of policies, the different branches of economics may be aggregated into two categories: dirigiste and laissez fairist. Dirigiste theories in economics have been based primarily on the complexity of commodities: this allows commodities to be ranked according to the...

Deviant globalization is a 'powerful engine of wealth creation ...[P]articipating in deviant globalization is often an individual’s fastest ticket out of poverty and a way for an entire community to experience economic development.' Although some aspects of deviant globalization undeniably...

In the past decade, U.S. software firms have increasingly utilized the low-cost information technology (IT) labor force in India. Companies wishing to capture the benefits of outsourcing can engage in contracting (hiring an Indian contracting company to perform the service) or foreign direct...

The study examines the impact of institutional quality on Foreign Direct Investment (FDI) inflows for emerging economies from South Asiain the period 2002-2016. Other economic factors such as globalisation, financial development, and GDP are also considered. Design/Methodology/Approach: The...

The work paper aims to point out the importance of the new technologies like factor of economic development. The new technologies represent the base of competitive advantage at micro and macro level. Those countries that support research could achieve higher GDP, which is an important issue. In...