This study analyses the efficiency of the Turkish bank system over the period 2000-2005. The estimation showed that inefficiency decreases over the period under consideration and the analysis unambiguously indicates that the Turkish banking system has a large potential for improvement. The state...

The successful implementation of the monetary policy in practice to a large extent depends on the understanding of the functioning of the transmission mechanism of the monetary policy – the channels by which the monetary impulses are transmitted through the economy. In this paper, an analysis...

In this paper, we analyse Pakistan's political risks and events that have affected the country's stock markets since 1947. We collected data in the form of questionnaires from historians, economists, politicians, government officials, bankers and stock market analysts in Pakistan and make...

Since the end of 1999, Montenegro belongs to a group of dollarised economies. The process of dollarisation in Montenegro has had positive implications on economic performance. However, by renouncing the issuance function, the country gave up some significant monetary policy attributes. Since the...

Gender disparity and discrimination continues to be a pervasive phenomenon in many spheres of public life despite being targeted under the Millenium Development Goals. Nowhere is this bias more apparent than in political representation. The situation is critical in developing nations where...

This study analyses the efficiency of the Turkish bank system over the period 2000-2005. The estimation showed that inefficiency decreases over the period under consideration and the analysis unambiguously indicates that the Turkish banking system has a large potential for improvement. The state...

Poland started political and economic transformation in year 1990. The processes of transformation consist of many different events and movements. One of them was privatisation of economy. The objective of this paper is to present Polish experiences and its results. The text consists of two...

The capital market is an inherent part of market economy. The condition and level of its development reflects the development pace of the economy itself. The range and form of their interaction concerns various aspects, connected both with economic processes as well as financial ones.

Investment processes occurring in the economy are necessary to achieve economic growth. A relatively rapid and long-term economic growth and necessary structural changes in the economy are always connected with allocating considerable capital endowment in investment processes. Accumulation...

In this paper, the author analyses competitiveness of Polish economy since year 1990. After discussing the meaning of competitiveness, he uses Porter's Diamond to critically analyse various dimensions of economic competitiveness of Poland. Finally, he suggests some changes in economic policy, in...