Purpose - This paper aims to investigate the integrational properties of real GDP for 125 countries. Design/methodology/approach - The paper applies the Kwiatkowski et al. univariate test and a KPSS-type univariate test that accounts for multiple structural breaks -a test procedure proposed by...

Correctly measuring a country’s national income and its growth is essential to the understanding of various aspects of the country’s economy both at present and in the future. The measurement issue is even more important for economies like China whose size-based economic-political power is...

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The purpose of this thesis is to investigate the relationship between the annualised volatility and correlation of G7 ten-year bond returns for the period July 1992 to June 1998 and the effects that such a relationship has on portfolio diversification. The stock market crash of 1987 and the...

In this article, we analyse the geography of Australia's international portfolio investment using the International Monetary Fund's Co-ordinated Portfolio Investment Survey dataset. Preliminary results suggest that Australia's external holdings of equity and debt as a percentage of national...

The basic structure of our research for this article focuses on identifying, with arguments, reasoning for the following question: „How do we explain the switch between industry and services as a determinant of growth/prosperity for the 28 member countries of the EU?” In order to answer this...

The aim of this article is to analyze the ethical decisions taken by organizations both in everyday life as well as in exceptional circumstances. For this purpose, we thought it would be important to bring into account the ethical issues within organizations, such as: responsibility, morals or...

The imposing and magnificent natural Romanian sight forces me to ask myself the question: "What is the problem of Romanian tourism?", question which has as support the contribution of tourism services to GDP, the share of people employed in tourism, the number of enterprises/businesses in...

The aim of this article is to analyze the ethical decisions taken by organizations both in everyday life as well as in exceptional circumstances. For this purpose, we thought it would be important to bring into account the ethical issues within organizations, such as: responsibility, morals or...