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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…
Matthew McCaffrey, Joseph T. Salerno
This paper adapts the entrepreneurial theory developed by Richard Cantillon, Frank Knight, and Ludwig von Mises to the theory of “political entrepreneurship.” Political entrepreneurship is an outgrowth of the theory of the market entrepreneur, and derives fro…
Junrong Liu
This article is devoted to analyses on effects of the four phases of business cycle on transfer pricing manipulation (TPM) of transnational corporations (TNCs) and TNCs’ possible TMP practices through business cycle. The researcher herein holds that business…
David Olayungbo, Olalekan Yinusa, Anthony Akinlo
The paper investigates the impact of exchange rate volatility on trade in 40 selected sub-Saharan African countries for the period 1986-2005. The study employs a gravity model with pooled ordinary least square (POLS) allowing for fixed effect and panel Genera…
Molla Mursaleen Shiraj, Afrin Islam
Global economy is going through another round of rough patches. Right after an economic turmoil that originated in the USA, the global economy is experiencing a debt crisis in the EU region. Even though there are certain differences in the nature of the crisi…
Yongchen Zou
This paper examines computational merits provided by assumptions made in scientific modeling, especially regression, by trying to exhibit abstractly a model deprived of those assumptions. It shows that the principle of <i>Occam’s Razor</i> has been mistakenly…
Arne Heise, Hanna Lierse
The recent financial and economic crisis is intensifying the pressure for budget consolidation,increasing the likelihood of cuts in social services throughout Europe. One government after another is bringing forward a budget consolidation programme. Cuts are…
Roberto Kozulj
This work explores the area of global interdependences and the global context. In particular it deals with interdependences that seem to be absent from current literature but could be of great significance to identify the biggest challenges that the economy a…
Mihnea Craciun
The recent financial crisis has sparked a new debate about the risks that infrastructure projects are exposed to. With the use of various typologies identified along the last thirty years by several authors, looking both at project finance funding techniques…
Oliver Musshoff, Norbert Hirschauer, Philipp Hengel
Regulatory policies often aim to steer the behavior of economic agents by changing their economic environment. Assessing the potential impacts of regulatory policies requires forecasts regarding how humans adapt to such changes. One important prerequisite for…
Madan Lal Bhasin
At present, disclosure of IC information across the globe is done by very few leading corporations purely on a “voluntary” basis. Unfortunately, the omission of IC information may adversely influence the quality of decisions made by shareholders, or lead to m…
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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).