Venezuela is one of the countries with high levels of subsidies to the domestic energy consumption. Studies reveal that these subsidies amounted to 15 billion dollars in 2010 and threaten the strength of the energy sector (Villarroel (2012)). Energy prices have indeed been frozen since the 90s...

The last quarter of twentieth century has witnessed a dramatic decrease of restrictions in a number of areas such as international trade, capital account, and domestic financial sector in developing countries. Growth impacts of these liberalizations at large on the economy have long been...

The present article "Study of Current and Potential Comparative Advantage of Azerbaijan Economy", which has been prepared as a contribution to the National  Employment Strategy, provides an analysis of the sectors and industries in which Azerbaijan is either currently competitive or there is...

Turkey by and large avoided the financial meltdown thanks to its low level of household debt ratio and relatively sound public finance structure. The stylized fact is that the consumption loss as a percentage of GDP has been greater for the countries with higher growth rates of household...

In last years, policy demand for information about the economic consequences of water management has increased significantly. It is due to the interaction between the hydrological and economic realm works both ways: water is transformed for economic use and the impact of economic use on water...

In this paper, we will try to analyze the impact of offshoring on employment in France. In economic analysis, is often associated the phenomenon of relocation to the problem of unemployment. Using a computable general equilibrium model (CGE), we simulate the relationship between offshoring to...

1 Introduction In 2009, major offshore natural gas deposits were discovered in Israel after historically being an energy-poor state relying on imported fossil fuels to meet its energy needs, and an energy island that is disconnected from energy infrastructure in the region, with the exception of...

The changing direction of foreign direct investment (FDI) from developed countries towards developing ones, especially after the crisis, has started to attract more attention in the literature. In this paper, the link between FDI and “ease of doing business” indicators, as one possible...

1. Identify unanticipated shocks in foreign aid. 2. Examining how macroeconomic stability constraints foreign aid and hinders the drives of growth. Vector Auto-regression Model 1. Estimates of the innovations of foreign aid shocks to macroeconomic variables shocks generates inconsistencies that...

The current economic crisis has led several rich countries to experience severe fiscal deficits. Among other factors responsible for the situation, corruption is considered harmful to public finances and appears closely related to fiscal deficits. This paper opens a new avenue in addressing the...