A rational approach to investing is manifested through the realization of a higher yield for a given level of risk, and the realization of a given yield by accepting lower risk levels. Through the investment process, the question that is brought to investors’ attention is the importance of...

On the occasion of capital account liberalization in developing countries it has been ascertained the appearance of short-term and long-term effects on prices and production in the country. The short-term effects are shown in faster growth of local goods prices in relation to foreign-trade...