We raise the problem of the minorities' survival in the presence of positive network externalities. We rely on the example of thematic clubs to illustrate why and in which circumstances such survival problems might appear, …rst considering the case of simple network externalities and then the case of cross network externalities. Sonnac and Skerdilajda Zanaj for their comments and suggestions.

We consider whether Sub-Saharan African (SSA) countries are mainly poor because they are governed worse than other countries, as suggested by recent studies on the supremacy of institutions. Our empirical results show that the supremacy of institutions does not hold. SSA countries appear to face specific development problems in addition to weak institutions. Given their geographic and economic ...

The purpose of this paper was to review and report the recent advances and progress that have been achieved on the fourteen year old PFGC equation of state. This paper will also discuss the good (pros) and the bad (cons) of this equation of state. Emphasis will be made on the following categories:A. Prediction of the pure component PVT properties1. Hydrocarbons in particular n-alkanes2. Selecte...

Wastes generated from the processing of some fruits still contain large amounts of chemical components such as polyphenols, which are deemed as very effective antioxidants.This study involves the characterization of wastes generation by pink guava processing and selection of the best solvent that will allow us to extract the excess polyphenols via ultra-filtration membran...

Minzhong Tang1, Jun Li2, Yulu Huang3, Yuming Zheng3 and Yonglin Cai2* 1College of Life Science and Bio-Engineering, Beijing University of Technology, Beijing, P.R. China 2Wuzhou Health System Key Laboratory for Nasopharyngeal Carcinoma Etiology and Molecular Mechanism, Wuzhou Red Cross Hospital, Guangxi, P.R. China 3Wuzhou Cancer Research Institute, Guangxi, P.R. China *Corresponding author: Ta...

As the global financial crisis dethrones the developed world from its economic supremacy, by leading the global economic recovery and growth, the global growth generator (3G) countries are expected to fill the vacuum. Capital market i.e. stock market development can play a crucial role in augmenting such growth in these 3G countries. This study aims at augmenting the determinants of stock marke...