The collapse of the centrally administered economies gave rise to a transition process towards economic systems based on market relations. Nevertheless, the transition process is not restricted to the economic field. The political and ideological aspects of the transformation are fundamental. As...

This article analyses and speculates upon an interesting but unsettling development within the Australian economic profession. It argues that there is a schism within the profession when it comes to providing economic commentary to the media. We argue that only financial market economist voices...

Economic development requires the use of natural resources. Increasing population makes increasing demand on such resources thereby leading to the degradation of the environment. Excessive use of resources can lead to a situation where declining supply can no longer satisfy the demand. Hence,...

The exploitation of underground energy sources has for decades significantly characterizedthe economic development of many countries, both in the microeconomic aspects andmacroeconomic aspects. Despite the spread of many regardless disputes phenomena, or nimby(Not In My BackYard), the need to...