Prevailing approach which dominates science of economics is "invisible hand," that is, a world where private decisions are unknowingly guided by prices to allocate resources efficiently. The credit crisis raises the question of how it is that we could get slapped in the face by the invisible...

As the global financial system has become increasingly interconnected, the global institutional framework plays the important role in international financial system stability. The role of international institutions, first of all IMF have been criticized as being less than fully effective, too...

Successful development of electronic banking is in direct correlation with the quality of services in electronic banking. Therefore, it is necessary that the banks are familiar with the attributes of electronic services on which clients assess the bank’s quality and client’s satisfaction...