Why did Europe fail to manage the euro area crisis and what lessons can be drawn from this failure for Europe"s future? Studying the EU / IMF program that was imposed on Greece in May 2010 – the original sin of the crisis – highlights both the nature of the problem and the difficulty in...

When evaluating the significance of calendar effects, such as those associated with Monday and January, it is necessary to control for all possible calendar effects to avoid spurious results. The downside of having to control for a large number of possible calendar effects is that it diminish...

Stock picking is the field of financial analysis that is of particular interest for many professional investors and researchers. In this study stock picking is implemented via binary classification trees. Optimal tree size is believed to be the crucial factor in forecasting performance of the...

Climate change related risks impact and challenge the private sector in many different ways. This also applies to risk drivers like a companies' reputation and a changing consumer behavior. Since significant risk drivers for companies differ just as much as companies themselves, a sector...

The decarbonization of the energy-intensive and natural-resourced-based industries is associated with large economic costs. In this paper, I explore how decarbonization may affect the profitability and market value of these industries and their ability to attract capital to fund their...

Africa is plagued by some of the most brutal and violent conflicts in the world. Peacekeeping missions play a crucial role in maintaining stability and security in conflict-prone regions, particularly in sub-Saharan Africa. Both the European Union (EU) and the African Union (AU) are involved in...

L'Afrique est confrontée à certains des conflits les plus violents et brutaux du monde. Les missions de maintien de la paix jouent un rôle crucial dans la préservation de la stabilité et de la sécurité dans les régions en proie à des conflits, en particulier en Afrique subsaharienne....

For decades, the history of Sudan, Africa's third largest country with around 46 million inhabitants, has been marked by violent clashes between the northern, Muslim and Arab military elites of the capital Khartoum at the expense of the civilian population. Since Sudan gained independence in...

Depuis des décennies, l'histoire du Soudan, troisième plus grand pays d'Afrique avec environ 46 millions d'habitants, est marquée par de violents affrontements entre les élites militaires du Nord, musulmanes et arabes de la capitale Khartoum aux dépens de la population civile. Depuis que le...

Much has been written on the relationship of China and Africa in the past decade. However, the subject of Chinese migrant entrepreneurs in Africa and their articulation with African counterparts was little explored up to the early 2010s. Apparently, this research gap has been closed, as shown by...