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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…
Ram Singh Bora
In India, the activities of the secondary and tertiary sectors are concentrated mostly in large towns and cities, and attract internal migration. Workers’ participation has led to spectacular growth in the economy during the past two decades. By analysing dat…
Leandro Simões Pongeluppe, Maria Sylvia Macchione Saes
The main assumption of the New Institutional Economics (NIE) is that the better a country establishes its institutional environment, guaranteeing safeguards for investments, the more investments will occur in this state. Foreign Direct Investment (FDI) inflow…
Baoqian Wang, Tingting Cao, Shu Wang
After the exchange rate reforms in 2005, China has transformed the fixed exchange rate system into a floating exchange rate system dominated by market supply and demand. Commercial banks will face with greater exchange rate risk. Therefore, how to estimate ex…
Ian McFarlane
Using monthly time-series data 1999-2013, the paper shows that markets for agricultural commodities provide a yardstick for real purchasing power, and thus a reference point for the real value of fiat currencies. The daily need for each adult to consume about…
Orley M. Amos Jr.
This paper investigates the inter-county variation of per capita personal income within US states from 1969 to 2006. It is a test of the growth pole cycles theory of spatial-temporal economic development that combines the theory of growth poles with the theor…
Alfred Barimah
This study examines the asymmetric effects of inflation on inflation uncertainty in Ghana for the period 1963:4 to 2014:2. Exponential Generalized Autoregressive Heteroscedasticity (EGARCH) model is employed on monthly inflation rates to estimate inflation un…
Albena Zlatareva, Konstantin Tachkov, Milena Stoicheva, Svetla Georgieva, Maria Krasteva Bozhkova, Guenka Petrova
The objective of this analysis is to build a regression cost model towards the data for budget expenditures for rare diseases in Bulgaria and to evaluate the future impact on the health care budget. Four regression cost models were built based on previously p…
Daniel Kwabena Twerefou
One major problem facing Ghana is the unreliable supply of electricity. Unreliable electricity supply largely attributed to supply side constraints such as poor energy infrastructure, low tariffs which is below cost recovery and increasing demand has made it…
Rosanna Pittiglio
This paper contributes to the debate on the effects of international fragmentation on two-way trade in several ways. Firstly, it is the first study on determinants of horizontal and vertical intraindustry trade in intermediate goods with regard to Italy. Seco…
Albena Zlatareva, Konstantin Tachkov, Milena Stoicheva, Svetla Georgieva, Georgi Momekov, Guenka Petrova
The absence of adequate national strategies for rare diseases (RD), high medicines prices and insufficient experts’ knowledge creates to the barriers in therapy, as well as the added factors of inappropriate diagnostics and difficulties in peoples’ access to…
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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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Manuscripts must be original and not under consideration elsewhere. Submit in Microsoft Word or LaTeX with figures at 300 dpi minimum. Structure research articles as Abstract, Introduction, Methods, Results, Discussion, and References.
Use the journal's numbered (Vancouver) reference style. Cite sources consecutively in the order they appear, and ensure every reference is complete and retrievable.
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