The political and economic changes 25 years ago left a burdensome legacy with an impact still felt today. This legacy includes the huge national debt and the failure to complete a price and wage reform. This study aims to dispel myths about the first government failing to request debt...

Income inequalities result in unequal societies and hinder economic growth in the long-term. Inequalities are evoked by rent seeking, but are also partly provoked by the state itself. The democratic electoral process of the Unites States does not limit financial support, therefore, people...

The significance of organisational risk management has grown ostensibly during recent decades, and this is true regarding for-profit organisations and public entities alike. There are, however, unique traits that characterise risk analysis and risk management as applied in the public sector,...

The paper presents how landslide changes taking place in the 20th century have created a pressure towards lifelong financial planning. Technological advances resulting in high productivity; the polarisation of income and wealth; the changing economic and political role of the state; the...

Financial literacy and the need to improve it are getting more attention as a result of the economic crisis. The effectiveness of the programmes that target the improvement of financial literacy depends on knowing what factors influence people’s financial knowledge. This is exactly the reason...

The philosophy of globalism is neoliberalism. It has become prevalent due to the financialisation of the economy. During the twenty-five years of the so-called Fordist growth regime the interests of the real sector were served by the financial sector. This situation has changed in the last few...

The intense innovational activity typical of the financial sector in the last 30 years requires households to have increas-ingly comprehensive and complex financial knowledge. The main objective of our study, therefore, was to assess and evaluate risk management activity, which is an integral...