The Haynesville shale in Louisiana is one of several unconventional gas plays that have been discovered in the U.S. in the past decade and promise to dramatically change the course of future energy development given its enormous resource potential. Unconventional gas resources are abundant, but...

We study the interactions of banks and ?rms within a leverage cycle to understand how capacity utilisation and capital investment interact with funding costs, leverage by banks and ?rms, and liquidity. We show in a simulation study that when ?rms can grow and die by becoming insolvent, and when...

The objective of this study is to forecast the future trade patterns and to identify the determinants of exports of textile and clothing. We included top 18 leading exporting countries and zones from the textile and clothing sector. Those countries cover more than 70 percent of global exports...

The paper shows the special features which regional governing systems have due to an «oil-and-gas» orientation of their economies. We applied the modern approaches and algorithms of analysis and strategic decision-making, such as the simulation models and situation analysis, to study the key...

Economic growth is main cause of environmental pollution and has been identified as a big threat to sustainable development. Considering the enormous role of electricity in the national economy, it is essential to study the effect of environmental regulations on the electricity sector. This...

When the fiscal situation of a country gets too far out of control, government will often call for a comprehensive review of the tax system to try to get back on a sustainable path. Jamaica is just such a case. The Government of Jamaica called in 2005 for a tax reform to address the fiscal...

In this study, I first examine the place of the Spratly Islands dispute at the heart of interstate relations between China and its regional neighbors around the South China Sea. In doing so, I trace the varied historical claims and periodic disputes over the archipelago, along with the current...

Rainfed rice in eastern India suffers frequent moisture stress leading to severe yield reduction due to uncertainty of rainfall coupled with inadequate field level rainwater conservation structures. Construction of the on-farm reservoir (OFR) is an alternative for the storage of excess rainwater...