Daily changes in the logarithm of stock market index from 1997 to 2004 are analyzed for countries from three subgroups of economies classified by the International Monetary Fund (IMF): developing Asian countries, newly industrialized Asian economies and major advanced economies. For all markets, the daily changes are well fitted by a non-Gaussian stable probability density. The time evolution o...

in a general classification, the economy of any country is divided into two parts of official and invisible economies. invisible activities drop outside the scope of the law and official economy and strongly affect socioeconomic development and the formal sector of all countries.these activities which are known under various titles including the shadow economy are influenced by various factors....

The massive growth in digital devices and communication has spotlighted the wisdom of doing financial transactions through online banking. In developing Asian economies, online banking technology can strengthen financial systems by developing a solid connection between financial institutions and the local populace. Technology acceptance studies are under-researched in this region, especially wi...

tional transmission mechanism in the context of a two-country general equilibrium model. I incorporate realistic frictions with respect to the external financing of investment, and I calibrate these frictions to reflect important differences in lending institutions between developed and developing economies. To overcome these frictions, the paper focuses, in particular, on the role of leverage ...

Information technology (IT) projects continue to suffer from frequent cost and time overruns and failure to fully deliver on the expected benefits to the users or the organization. Furthermore, what determines the success or failure of information technology implementations and use in developing and emerging economies may differ substantially from generally accepted success factors in highly de...

Introduction: The increasing cost of health care in developed and developing economies has called for a change in the way health activities are implemented. Nigeria is faced with fundamental health care related challenges coupled with recent security issues. Uncertainty prevails as health system dynamics unfolds. Objectives: To explore the relationship between environmental uncertainty and heal...