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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…
Stefano Zedda, Giovanni Batista Masala
Since their liberalization, the electricity markets are characterized by a rather high volatility, which includes price spikes as one of the stylized and specific characteristics of this market. In this paper, we investigate the factors and mechanisms determi…
Luhao Huang, Mengjun Ge
Due to the factors of asymmetric information and inconsistent interests, venture capitalists and venture entrepreneurs have the problem of principal-agent relationship. This paper mainly explores the design arrangements of four transaction structures, namely,…
Guoe Xie, Shufen Zheng
Using the method of export complexity index, this paper calculates the export trade structure and technology content of mechanical and electrical products between China, Japan and South Korea from 2000 to 2016 based on the 6-digit code of UN COMTRADE database…
Ting-Chung Tsai, Shih-Shen Chen, Yi-Shan Lu, Chu-Chuan Hsu, Jen-Yao Lee
In this paper, we first show that if the firm’s production leads to environmental damage and the government does not implement any environmental policy by using a two-stage game model, the “excess-entry” theorem holds. We then show that entry can be socially…
Ramesh C. Paudel, 1 1, Anil Kumar Gupta
Accountability of the position holders is an instrument for ensuring quality governance within the bureaucratic structure throughout the world, and Nepal is not an exception. Time and again, the government of Nepal has practiced various plans, policies, and i…
Raul Gouvea, Shihong Li, Gautam Vora
Cross-country studies of corruption have reported a negative relationship between corruption and economic development. Yet the causal direction is unclear. We posit that the relationship between corruption and economic development is innately interdependent o…
Yan Zhao, Shen Guo, Zhiqiang Ye
This paper compares CHEER approach in both short-run (since 1973) and long-run (since 1870) with the yen-dollar exchange rate. The most important result is that CHEER is valid only in the period when the international capital market is developed enough. Histo…
Akubue Jideofor Anselm
The current Millennium Development Goals call for a re-thinking of city development cooperation as majorly urban. This article builds upon the lessons learnt from existing modern day megacities. It dwells upon the events that were triggered by urbanization le…
Alexandros M. Goulielmos, 1 1
We presented the two faces of Management: the linear and the nonlinear. The second we named it Management by Chaos Theory, and we used the limit cycle tool to determine the order of chaos , in which companies, most probably 61% of them will face the highest o…
Michele Patanè, Mattia Tedesco, Stefano Zedda
This work analyzes the possible links between CDS premiums and bond spreads, with reference to both Eurozone sovereign and corporate markets, within the period 2011-2018. The main goal of this work is to provide more up-to-date results about the theoretical e…
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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.
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At least two independent reviewers evaluate the manuscript under single-blind review. Where revisions are required, authors respond point by point.
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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.
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