The Covid-19 crisis spread around the world at lightning speed mainly due to the interconnectedness of today's economies as evidenced by major disruptions in international trade. This article aims at assessing the possible shifts that coronavirus disease has triggered in trade activity of...

Besides the biological and epidemiological factors, a multitude of social and economic criteria also govern the extent of the coronavirus disease spread within a population. Consequently, there is an active debate regarding the critical socio-economic determinants that contribute to the impact...

In this paper, we investigate the effects of monetary policy concerning the inflation rates specific for each income group of households. We find that the prices specific for high-income households are generally more rigid and less volatile compared to the prices specific for middle and...

Citizens’ perceived values have been considered decisive for building a responsive society by serving as the driving force behind social and political attitudes and behaviors. These values are shaped by various factors such as cultural, historical, and personal experiences, and trace the way...

Political economy has been interested in conceptual frameworks employed to understand variation across national economic and political institutions. In this paper, we analyze the extent to which emerging capitalist societies, particularly the Republic of Macedonia, as a representative of the...