This paper examines the link between financial openness and financial development through panel data analysis on advanced and emerging market countries. Using indices, financial openness together with institutional and educational variables explains a large part of the variation in financial...

We add to the literature by conducting the first empirical assessment of how online networking affects two economically relevant aspects of social capital, i.e. trust and sociability, in a large and representative sample. We address endogeneity in online networking by exploiting technological...

This chapter presents a brief introduction to electronic payments in Turkey followed by a detailed look into direct carrier billing (DCB).

The design of supply chain networks subject to disruptions is tackled. A genetic algorithm with the objective of minimizing the design cost and regret cost is developed to achieve a reliable supply chain network. The improvement of supply chain network reliability is measured against the supply...

The objective of this study is twofold: First, (a) it evaluates the outcomes and outputs of technical assistance to SEZs in Laos; (b) it assesses the relevance of those results to the objectives of sustainable economic growth and job creation; and (c) it identifies any shortcomings that still...

The current economic crisis does and will have in future effects both on the life of the migrants and more in general on the migration flows. It is clear that the redefinition of the rules of governance will not only regard the financial markets but will also have an impact on the system of...

We study the relationship between the cognitive load manipulation and strategic sophistication. The cognitive load manipulation is designed to reduce the subject's cognitive resources which are available for deliberation on a choice. In our experiment, subjects are placed under a large cognitive...

This paper investigated the effect of terms of trade growth and its volatility on economic growth in Sub-Saharan Africa. I employed dynamic panel data models of difference and system GMM that could account biases associated with endogeneity of explanatory variables and problems induced by...

As part of the Country Programme preparation activities, a rapid assessment on child labour and education was undertaken with a specific interest in the programme implications for IPEC. This study looked at child labour and education issues, not only to understand child labour, but also to...

In this paper the issue of mathematical programming and optimization has being revisited. The theory of optimization deals with the development of models and methods that determine optimal solutions to mathematical problems defined. Mathematical model must be some function of any solution that...