Empirical evidence obtained from data covering Eurozone countries, other industrialized countries, and newly industrialized countries (NICs) over 1980– 2006 shows that exchange rate uncertainty has a consistent positive and significant effect on the volatility of bilateral trade flows. A one standard deviation increase in exchange rate uncertainty leads to an eight per cent increase in trade vo...

supply security of energy is one of the main challenges of industrialized countries in recent decades. also, it has been noted that in recent years other countries like new emergence asian countries and latin american countries, have understood the role and importance of energy. however, oil and gas have more importance for numerous reasons such as convenience availability, high thermal value a...

In this paper we investigate the factors that impact ICT growth rates in developing countries and compare those with factors affecting industrialized countries. Four categories of factors, human development, social structure, institutional factors, and national infrastructure, were considered with respect to their impact on three ICTs: cell phones, PCs, and the Internet. ICT infrastructure infl...

One of the most frequent critiques of the HDI is that is does not take into account inequality within countries in its three dimensions. In this paper, we apply a simply approach to compute the three components and the overall HDI for quintiles of the income distribution. This allows a comparison of the level in human development of the poor with the level of the non-poor within countries, but ...