The article highlights the interrelationship of financing activities a higher educational institution during political, military, economic or socio-cultural crises and possible ways optimizing socio-economic sphere management, which will allow, despite various crises, to continue working have stable financial indicators. Within framework study, interpretation definitions "socio-economic develop...

Xiaokai Yang's theory of economic specialization under increasing returns to scale is a formal development of the fundamental Smith-Young theorem on the extent of the market and the social division of labor. In this theory specialization-and, thus, the social division of labor-is firmly embedded within a system of perfectly competitive markets. This leaves unresolved whether and how such develo...

This study attempts to empirically examine the impact of democracy on agricultural productivity by estimating a cross-country agricultural production function. In the regressions, we control the education, economic freedom, climate and geographic variables, in order to see if democracy can still explain a significant portion of the heterogeneity of agricultural productivities across countries. ...

Instituição: Departamento de Otorrinolaringologia, Cabeça e Pescoço do Hospital da Universidade Estadual de Campinas (Unicamp), Campinas, SP, Brasil 1Médico Residente em Otorrinolaringologia da Disciplina de Otorrinolaringologia, Cabeça e Pescoço da Faculdade de Ciências Médicas da Unicamp, Campinas, SP, Brasil 2Mestre em Medicina pela Faculdade de Ciências Médicas da Universidade Nova de Lisbo...

The impact of structural adjustment programme on the economic situation in many African countries can not be overemphasised. Over more than a decade of implementing neo-liberal economic policies by the Bretton Woods institution it is of great importance to document the lessons learnt. This paper explains how the expected effect of structural adjustment policies produced unintended effects which...

We propose a two-stage model for dealing with the temporal degradation of credit scoring models. First, we develop a model from a classical framework, with a static supervised learning setting and binary output. Then, we introduce the time-changing economic factors, using a regression between the macroeconomic data and the internal default in the portfolio. In so doing, the specific risk is cap...

Increasing attention has been paid to the creation of spatially concentrated environments (industrial agglomerations or clusters) that aim at fostering firm-level competitiveness. However, while much has been said about clusters in general, less attention has been paid to structural governance within these agglomerations. This paper discusses the economic dynamics of clusters in the presence of...

This paper discusses the question of whether institutions matter for regional development and, if so, of how can the institutional dimension be integrated in regional development strategies. It finds that while the role of local institutions is crucial for economic development and as a means of determining the returns of regional development policies, generating an institution-based general reg...

The topic of this paper immediately raises a serious methodological question: In what sense can we isolate the contribution of any individual or institution in the development of economic analysis? This is but one example of a fundamental logical problem that applies to the study of all history, that is, the difficulty of the counterfactual. For when you ask, “What is the influence of A (an eve...