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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…
Marisa Faggini, Anna Parziale
The crisis that was being shaken the world economy should push economists to wonder about the approach used to analyse economic phenomena. The motivations that have generated it, describing a whole of interdependencies, interacttions, are clear and convincing…
Thai Thanh Ha, Le Thi Van Hanh
This study was conducted to test the hypothesis of whether the public administration reform (PAR) and provincial competitiveness could be causally linked to the GDP welfare per capita in Vietnam. By adopting the factor analysis and then the natural logarithm…
Arunnan Balasubramaniam, Chin-Hong Puah, Shazali Abu Mansor
This study aimed to examine the interdependence relationship among five Association of Southeast Asian Nations (ASEAN-5) countries (Indonesia, Malaysia, the Philippines, Singapore, and Thailand) and China from a business cycles perspective. The Granger non-ca…
Liyan Liu
The relationship between high levels of FDI and of employment has been of enduring interest in the development literature, particularly in the context of economy as China which has enjoyed exceptional inflows of foreign capital as well as huge amount of worki…
Shihong Zeng
In this paper we report on a utility function (loss function) and model that we designed by using optimal control theory based on previous studies. we found that: (1) the Hamiltonian multiplier of the bank NPLs growth rate in the model was obtained using the…
Barassou Diawara
We use the 1994, 2001 and 2005 Senegalese households’ surveys to examine to what extent the differences in asset ownership are associated with differences in education levels. The assets are mainly classified into savings, house, car/vehicle and household fur…
Gustavo José de Guimarães e Souza, Carmem Aparecida Feijó
In Brazil, the credit is characterized by excessive cost and limited supply and the main reason is the high default risk embedded in the spread. This paper concludes that the level of economic activity and the basic interest rate are factors with great influe…
Sung Ho Seol, Moon-Soo Kim
With the growth of competition in the telecommunication market, optional calling plans were introduced in 1980s, have expanded dramatically in 1990s and now have become widespread rate systems in many countries. In this respect, the Korean telephone market al…
Jianfei Leng, Lu Li
This article examines the relationship of earnings quality and internal control disclosure information in the sample of 1273 nonfinancial firms in shanghai and Shenzhen Stock Exchange in 2010. Using multiple regression model, we launch an empirical analysis o…
Paola Potestio
The paper aims to assess the relative importance of participation and unemployment and the interaction between them in affecting the evolution of employment rates of young graduates in selected European countries. The Taylor formula is used to read the behavi…
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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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