Purpose: the objective is to measure the financial and social performance of 127 microfinance institutions (MFIs) and observe the effects with explanatory factors such as 'type', 'geography region', and 'secular and faith' variables. Design/methodology/approach: The time-series performance...

In the last two years comprehensive legislative reforms have been passed in France which aim to change the territorial architecture of the Republic to ensure increased transparency and efficiency in public administration in the long term. The reforms focus on the metropolises, the merging of...

The intensification of innovation processes in Russia is a challenging task that requires a continuous search for solutions to make possible the many required changes in economics. We consider the major factors needed to advance an innovative activity at all levels in the national economy to...

In the last two years comprehensive legislative reforms have been passed in France which aim to change the territorial architecture of the Republic to ensure increased transparency and efficiency in public administration in the long term. The reforms focus on the metropolises, the merging of...

At the present stage of development, one of the major problems of regions is ensuring their economic security. This requires the development of effective methodological approaches to assess economic security at the regional level by governing bodies, and the development of directions for...

Banking-system shutdowns during contractions scar economies. Four times in the last forty years, governors suspended payments from state-insured depository institutions. Suspensions of payments in Nebraska (1983), Ohio (1985), and Maryland (1985), which were short and occurred during expansions,...

Purpose: the objective is to measure the financial and social performance of 127 microfinance institutions (MFIs) and observe the effects with explanatory factors such as “type”, “geography region”, and “secular and faith” variables. Design/methodology/approach: The time-series...

The study of the impact of institutions on the economy necessitates the assessment of such impacts and the definition of a clear list of methods and criteria for evaluation. The purpose of our research is the formation of a methodological approach that would allow to compare the institutional...

Today, the issue of development of the tourism industry is becoming increasingly relevant, as this industry is an important component of the economic system of each country. External factors have the most significant impact on the development of tourism: natural disasters, wars, economic crises,...

Despite the prominence of sustainable development approaches in the academic literature, together with the significance attributed to the economy and society, the concept is not sufficiently theorized, especially in terms of methodological issues. The presented study makes a contribution to the...

We analyse the impact of the investments related to the European Cohesion policy in Portugal over the 2014-2020 programming period. We use the spatial dynamic general equilibrium model RHOMOLO to identify the direct and indirect effects stemming from a variety of spending categories and economic...

The aim of the article is to examine financial impact of the COVID-19 pandemic on the financial management of Czech regions, especially on the Moravian-Silesian Region. Significant pressures to deepen the imbalance between public revenues and expenditures are reflected at the level of regional...

"Mitteldeutschland" als Raumbegriff stellt heute eine länderübergreifende Region im südlichen Ostdeutschland dar. Vor etwa 100 Jahren wurde der damals lageorientierte Planungsraum "Mitteldeutscher Industriebezirk" so bestimmt; er zählte u.a. mit anderen Verwaltungs- und Entwicklungsregionen...

The European Commission is working in order to ensure a smooth transition to cleaner forms of energy production away from fossil fuels in order to meet the EU objective of reaching climate neutrality by 2050. The Just Transition Mechanism was launched to manage this transition, under the...

Today, the issue of development of the tourism industry is becoming increasingly relevant, as this industry is an important component of the economic system of each country. External factors have the most significant impact on the development of tourism: natural disasters, wars, economic crises,...

Cluster policies aim at improving collaboration between co-located actors to address systemic failures. As yet, cluster policy evaluations are mainly concerned with effects on firm performance. Some recent studies move to the system level by assessing how the structure of actor-based knowledge...

We analyse the impact of the investments related to the European Cohesion policy in Portugal over the 2014-2020 programming period. We use the spatial dynamic general equilibrium model RHOMOLO to identify the direct and indirect effects stemming from a variety of spending categories and economic...

Despite the prominence of sustainable development approaches in the academic literature, together with the significance attributed to the economy and society, the concept is not sufficiently theorized, especially in terms of methodological issues. The presented study makes a contribution to the...

In the article the methodological approach of using the analytic coefficient method or evaluation of the competitive environment in the regional banking market is proved. The basic stages of the analysis in accordance to this method`s algorithm are disclosed. The results of numerical calculation...

Nineteenth-Century Catholic doctrine strongly opposed state schooling. We show that countries with larger shares of Catholics in 1900 (but without a Catholic state religion) tend to have larger shares of privately operated schools even today. We use this historical pattern as a natural...

We analyse a three-year panel data set of Russian firms spanning from 2000 to 2002 and we investigate the effect of regional institutional and economic factors on entry rates across time, industries and regions. The paper builds on a novel database and exploits inter-regional variation in a...

Our analysis of the survival of firms leads to the important result that the hypotheses about differences between various industries in the life duration of new firms and about the importance of the region of location for the probability of survival are confirmed. Many more enterprises are...

Empirical evidence from the U.S. and the European Union suggests that regions which contribute to interregional redistribution face weaker borrowing constraints than regions which benefit from interregional redistribution. This paper presents an argument in favor of such differentiated budgetary...

Using a large recent representative sample of the adult German population this paper demonstrates that nascent necessity and nascent opportunity entrepreneurs are different with respect to some of the characteristics and attitudes considered to be important for becoming a nascent entrepreneur,...

Based on data from a recent representative survey of the adult population in Germany this paper documents that the patterns of variables influencing nascent and infant entrepreneurship are quite similar and broadly in line with our theoretical priors - both types of entrepreneurship are fostered...

Nascent entrepreneurs are people who are (alone or with others) actively engaged in creating a new venture and who expect to be the owner or part owner of this start-up. Given that newly founded firms are important for the economic development of nations and regions, and that nascent...

We analyze the effects of regional structures on females' willingness to work as well as on the probability that non-employed women who are willing to work actually will engage in job search. Special permission was granted to link regional data to individual respondents in the German...

Nineteenth-Century Catholic doctrine strongly opposed state schooling. We show that countries with larger shares of Catholics in 1900 (but without a Catholic state religion) tend to have larger shares of privately operated schools even today. We use this historical pattern as a natural...