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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…
Abdullah Al Mamun, Harry Entebang, Shazali Abu Mansor
Prior to the East Asian financial crisis scholars found the necessity of a true financial performance measure in Malaysia. After more than one decade of the crisis Malaysian firms still stick with the conventional performance measures, which are criticised du…
Lucyna Kornecki, EM. Ekanayake
Inward foreign direct investment (FDI) represents an integral part of the U.S. economy. The flow of international capital has been a key factor expanding economy. The inward U.S. FDI constitutes important factor contributing to output growth in the U.S. econo…
Carlo Di Giorgio, Enzo Rossi
We asked a representative sample of European banks to judge messages released by ECB members (from February 1999 to February 2000) in terms of their ambiguity. In this paper, we use our survey to derive a definition of ambiguity and to evaluate ECB communicat…
Hancock G. D’Anne
This article reviews the development of the S&P 500 volatility index and uses market information to develop algorithms which aid in clarifying some of the salient points in the determination of an index value. Understanding the pertinent points provides insig…
Charles Ackah, Ernest Ernest Aryeetey, Oliver Morrissey
This paper investigates the effects of trade liberalization on firm productivity in Ghana. We examine Ghanaian trade policy from 1993 to 2002, a period during which trade liberalization deepened with intermittent protection in a number of ways across industri…
Akira Maeda, Makiko Nagaya
This study investigates the best timing for technological change affecting environmental quality in economic development. We develop a model that addresses the transition of environmental technology from an old system to a new one. Findings obtained are innov…
Philip E. Philip E. Graves
The linked nature of long-term patterns of urban deconcentration and regional change (from rustbelt to sunbelt in the U.S., but with similar phenomena increasingly world-wide) is analyzed in a framework that emphasizes heterogeneous human preferences. The foc…
Dan Ye, Huaying Shu
Bit products are those which are expressed in binary 0 and 1, they are distributed over data networks and stored in the form of bit stream. And the market structure of bit product differs from traditional physical products very much; there exist a widely popu…
Komain Jiranyakul
This paper examines the relationship between manufacturing exports and imports of capital goods in Thailand using monthly data from January 2000 to July 2011. The results from bounds testing for cointegration show that there exists long-run equilibrium relati…
Haiying Pan, Huan Song, Yu Wang, Yangyang Hu
The legal required reserves system is a monetary policy that is used by central banks to perform macroeconomic adjustments. In China, the required reserves system is one of the most important policies of the People’s Bank of China. In this study, using inform…
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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.
Authors submit their manuscript, metadata, and declarations through the portal. There is no submission fee.
The editorial office screens the manuscript for scope, completeness, and formatting before assigning a handling editor.
At least two independent reviewers evaluate the manuscript under single-blind review. Where revisions are required, authors respond point by point.
On acceptance the article processing charge is invoiced and the CC BY 4.0 copyright handover is signed.
The article is copyedited, typeset, and given a DOI, then publishes open access with a permanent link.
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.
Declare all funding sources, conflicts of interest, and ethical approvals (including informed consent and animal-care statements where applicable).