While European integration has substantially contributed to economic convergence on a national scale, the diverging development of highly developed metropolitan regions and lagging rural areas has become a growing challenge especially for the new member states in Central and Eastern Europe. Although it is widely assumed that economically growing countries are usually confronted with rising ineq...

In the classical inventory models, the common unrealistic assumption is that all the items produced are of good quality in nature. However, in realistic environment, it can be observed that there may be some defective items in an ordered lot. These items are usually picked up during the screening process and are sold as a single lot at the end of screening process. Further, it is tacitly assume...

This study on India is part of the Vodafone Public Policy series launched in 2004. Our aim is to provide a platform for leading experts to write on issues that are important to us at Vodafone and which may help policy makers as they strive to provide a regulatory environment which stimulates growth and economic development. We hope you find this report informative. Foreword In this report, we h...

One aspect of the preceding quotation has been extensively studied in the economics literature. Numerous studies have examined the relationship between economic freedom and long-run economic growth across countries.1 The other aspect of Friedman’s statement—that referring to the relationship between economic freedom and shortrun macroeconomic stability—has received relatively little attention i...

Trade credit is a well established promotional tool in the present competitive world and its impact on demand cannot be ignored. Businesses often use trade credit to increase their market share and, in turn, the profit. Undoubtedly, trade credit plays a great role in increasing the demand but it also involves a great risk of nonpayment. In order to reduce the risk of non-payment, businessman at...

A real economic growth only comes from increasing quality and quantity of the factors of production. Most production systems produce items which are of imperfect quality. In a production/inventory situation items which are received or produced are not of perfect quality. Thus the presence of defects which is inevitable in a produced/ordered lot is sorted out by the process of screening. Handlin...

This research evaluates the connection between corruption, economic development, and insecurity in several Colombian departments. This chapter explores the dynamics of these variables using two empirical techniques: the Data Envelopment Analysis (DEA) and the Dynamic Panel Data Model (DPDM). DEA is performed to evaluate social performance in terms of corruption, economic development, and insecu...

With the rapid economic growth and development, the problem of environmental pollution in China’s cities is becoming increasingly serious, and environmental pollution takes on a regional difference. There is, however, little comprehensive evaluation on the environmental performance and the regional difference of strictly-environmental-monitored cities in China. In this paper, the environmental ...

abstract one of the major aspects of water resources management in the arid and semi-arid regions is the use of unconventional water sources such as effluents from wastewater treatment plants. as a result, assessment of water supply potential as well as fertilizer values of these unconventional water sources is an important issue in any comprehensive resource management program. in this study, ...