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Modern Economy (ME) is an international journal dedicated to the latest advancements in all areas of international economics. The goal of this journal is to provide a platform for scientists and academicians all over the world to promote, share, and discuss various new issues and developments in different areas of mod…
Joergen Oerstroem Moeller, 1 1, 1 1
Economics does no longer deliver analyses and solutions to problems confronting the global economy and contrary to expectation it does not move towards general equilibrium. Two big transformations take place: Mass consumption is replaced with mass communicati…
Ma. Enriqueta Mancilla Rendón
In the last decade the federal government has developed projects with alternative mechanisms to the traditional way of financing in order to offer quality services and infrastructure that the traditional schemes could not provide in an efficient and timely ma…
Xuemei Liu, He Sun, Baixia Liu
With the development of economy and the cluster development of modern service industry, the revitalization plan of northeast area and the upgrading of industrial structure in Liaoning depend on the improvement of its modern service industry. But the cluster d…
Adolfo Cristóbal Campoamor
This work presents a model aiming to evaluate the impact of rural-urban migration on the aggregate stock of loanable funds and investment by the urban population. Much higher investment costs for immigrants in cities prevent their acquisition of either human…
Priscilla Twumasi Baffour
The paper examines the role of education in earnings determination by using all three rounds of the Urban Worker Survey of Ghana for 2004-2006 conducted by CSAE. The analysis is begun by investigating and comparing heterogeneity in earnings determinants among…
William Carlson, Conway Lackman
The incongruencies of Federal Reserve (Fed) policy is demonstrated where the Fed proposes to raise interest rates on excess reserves claiming that generally rising rates that follow will help households increase interest income. The resulting slowing of the e…
Ibrahima Thione Diop
The adoption of the common external tariff (CET) by ECOWAS member countries is a further step towards the realization of the Customs Union and to the harmonization of trade programs. Senegal has joined the CET in 2000 to boost its trade with neighboring count…
Mohammad Ayaz Ahmad, Grigorii P. Kots, Vyacheslav V. Lyashenko
According to the classical theory of banking development and traditional idea of practical matters of bank management, lending is one of the main directions in banking. It is connected with that realization of credit transactions should be considered as a def…
Frederick Betz, 1 1
One of the intriguing puzzles from the Global Financial Crisis of 2007-08 was this one: To save the U.S. economy, why did the U.S. Federal Reserve System (under the chair, Ben Bernanke) open its central bank discount window to the unregulated money-market fun…
Caglar Yurtseven
This paper studies the effects of market share restrictions on research and development activities of firms. Market share of firms is closely followed by regulatory authorities and restrictions are applied in many cases around the world. This essay investigat…
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Modern Economy (ME) is an international journal dedicated to the latest advancements in all areas of international economics. The goal of this journal is to provide a platform for scientists and academicians all over the world to promote, share, and discuss various new issues and developments in different areas of mod… All articles are open access under a CC BY 4.0 licence, with authors retaining copyright.
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