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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…
Fanji Shi, 1 1
“Baumol’s disease” refers to the phenomenon whereby labour flows from a high growth sector to a low growth sector, which eventually leads to a decline in regional economic growth. In this paper, we constructed an alternative model for evaluating Baumol’s dise…
Nadah Gilani, Sayed Ahmad Abdul Ghani Al Ahmadi
The aim of this paper is to measure the effectiveness of the governmental control of the maritime transport sector during the period 1990-2018. It attempts to answer the questions that arose during the review of the problem and analyzes the available data to…
Oluwakemi Bolaji Okuwa
Employment generation is the single most-critical economic challenge facing the world today. Job creation is on the agenda of many governments and Sustainable Development Goals (SDG) emphasises productive employment and decent work for all. 1 The critical que…
Gerald Aranoff
This article compares numerical results for an original model of an industry using marginal cost pricing versus workable competition pricing with fluctuating demand with two alternative technologies. The article is a thought experiment in economics, carried o…
Shengnan Shi
Past studies have shown that overseas mergers and acquisitions, whether developed or developing countries, are usually affected by natural resources, strategic resources, market search, institutional quality, business environment and so on. In addition, Ameri…
Jihène Jebeniani, Jamel Trabelsi
We propose to evaluate the impact of education/skill mismatch through an extended version of Duncan and Hoffman equation and matching method by using the SWTS conducted by ILO for the main MENA region countries. Our empirical findings reveal that the youth la…
Alexandros M. Goulielmos, 1 1
The paper provided a help to shipowners—we believe—by determining the duration of cycles, first historically, since 1741, and par excellence since 1945, to 2020, and then mathematically, using Chaos Theory. It was remarkable to find out that both approaches g…
Dragan Kovačević
From the mid-twentieth century , the share of service sector increased from 60% to 80% and amongst service, tourism is fast-growing industry. Globally, tourism is an important component of the service economy, representing one-third of international trade in…
Adire Simon Deng, Lucy Rono, Jane Sang
We study the relationship between heuristics and the performance of financial institutions in South Sudan using measures of institutional performance and heuristics. Using the ARDL model, we establish that heuristics indicators such as anchoring, availability…
Yuhan Yang
With the increasing expansion of urban scale and the gradual upgrading of industrial structure, the urbanization level has been continuously promoted. Only by industry and space coordinated development, can the economy be developed rapidly and reasonably, and…
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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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