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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…
Ben-David Nissim
A technique that permits the calculation of the flow of agents between and within labor market states is pre-sented. A statistical agency having collected data on those flows easiest to collect and together with data on employment, unemployment and being out…
Muge Kaltalioglu, Ugur Soytas
The upward movement in oil and food prices in the 2000s has attracted interest in the information transmission mechanism between the two markets. This paper investigates the volatility spillover between oil, food consumption item, and agricultural raw materia…
Nedret Demirci, Levent Aydın
Without being a full member of the European Union, Turkey’s participation to the Unity raised some substantial and continued questions in Turkey about the economic results of an regional integration. Some argue that, particularly adoption of the Union’s commo…
Tito Belchior Silva Moreira, Fernando Antônio Ribeiro Soares, Adolfo Sachsida, Paulo Roberto Amorim Loureiro
We tested, empirically, whether the Brazilian fiscal policy for the period between 1995:I to 2008:III was active or passive. To analyze fiscal policy transmission mechanisms, we estimated functions by which the public debt/GDP ratio affects investment, primar…
Hasanuzzaman. Zaman, Afrin Islam
Since 1981, the United Nations (UN) has been holding special conferences on the least developed countries (LDCs). The Fourth UN Conference on LDCs (UNLDC-IV) is scheduled to take place in Istanbul from 30 May to 3 June, 2011. The overarching objective of this…
T. K. Jayaraman, Evan Lau
Among the 14 Pacific Island countries (PICs), only Papua New Guinea has fossil fuel resources. None of the remaining 13 PICs has any energy sources. Consequently, all the 13 PICs are totally dependent on oil imports for their economic activities. Recent surge…
Somdeb Lahiri
In this paper we consider an oligopoly and we are concerned with the effect of entry in the market of buyers and/or sellers on the price of the good being sold and the pay-offs/utilities of the buyers and sellers. The major results obtained in this paper are…
Hasanuzzaman Zaman
The joint-communiqué originating from the January 2010 summit between India and Bangladesh has opened new doors of opportunities for addressing economic integration not just between India and Bangladesh, but across the South Asian region. In this article, an…
Peter Quartey, Joshua Abor
This paper ascertains whether consumers prefer locally made textile to imported ones or vice versa and what accounts for the choice. The study uses survey data of industry, traders and consumers to explain the issue. The results show that most consumers prefe…
Lorena Škuflić, Igor Štoković
Croatia as a small country with GDP of 14.255 US $ per capita and 44.6 milliard Euro of gross external debt has a strong need for a development process and construction of production bases which, in the future, will be capable to generate revenue for the retu…
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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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