The paper analyses the link between electricity consumption and industrial and manufacturing output. The electricity sector plays a major role in the a development of a country, as there is a strong link between industrial power consumption and production. While this relationship, the so-called...

The paper analyses the link between electricity consumption and industrial and manufacturing output. The electricity sector plays a major role in the a development of a country, as there is a strong link between industrial power consumption and production. While this relationship, the so-called...

The paper develops criteria for the optimal currency composition of external debt for emerging and developing economies. The underlying theory is based on a portfolio model taking into account fluctuations of exchange rates and of export prices. In the ordinary portfolio approach, a country...

The paper analyzes and tests various quantitative models to assess the probability of default of sovereign debt, such as scoring models, univariate analysis as well as logit models.The outcomes of the different models are not at a level that they could be used for forecasting or rating. There...