This paper aims at proving empirically the superiority of an explanation for recent financial crises in emerging countries which combines endogenous and exogenous factors rather than focusing only on one of these two kinds of factors. To this end, we built our empirical analysis on estimations...

Globalization is producing in-depth changes in international monetary and financial relations. A new International Monetary System is emerging, which is strongly integrated on a Worldwide scale and dominated by private financial markets. In other words, as a consequence of this globalization...

This paper aims to provide a specification of the demand system for the agro-alimentary products of Tunisia. The difference between the market structure of these products will make us consider the estimation of three different demand systems: the mixed system, the classical system and the...