This article aims at assessing the sustainability of fiscal policies in a panel of six South-Mediterranean countries, namely Egypt, Israel, Lebanon, Morocco, Tunisia and Turkey. First, using panel data unit-root tests proposed by Im et al. (2003), Maddala and Wu (1999), and Choi (2001),...

This article reviews sixty years of the activity of the World Bank, by stressing the variations over time of its attitude with regard to the fight against poverty. Indeed, during the 1950s and 1960s, the World Bank considered that the best means of fighting poverty consisted in creating the...

In response to the severe economic crisis at the end of the 1980s, the Egyptian authorities were forced to implement macroeconomic stabilization and structural adjustment plans at the beginning of the next decade. The implementation of these adjustment programs led to the revival and speeding-up...

This paper aims at estimating the Environmental Kuznets Curve (EKC) for the sulphur dioxide (SO2) emissions in a panel of 28 Chinese provinces. First, using a fixed effects model, econometric findings reveal an N shape EKC with a turning point of 4500 yuans (index 1990). However, a Chow test...

The purpose of this paper is to apply the tournament theory on professional male tennis players. Two new performance indicators are introduced, to take into account the opponent level. Empirical tests are conducted, by using the Ordinary Least Squares method, on the whole tournaments played by...

This article aims to assess the sustainability of fiscal policies in a panel of eight EU New Member States, namely Bulgaria, the Czech Republic, Estonia, Latvia, Lithuania, Poland, the Slovak Republic and Slovenia. First, using panel data unit-root tests, econometric findings show that the...

The current global crisis is systemic by being propagated in a banking, financial and economic crisis. It represents a negative external demand shock for Western Balkan Countries (WBC) with an impact on the banking and financial sector first (dice the third 2008 quarter) and then, since the...