We show a lot of respect for science today. To back up our claims, we tend to appeal to scientific methods. It seems that we all agree that these methods are effective for gaining the truth. We can ask why science has its special status as a supplier of knowledge about our external world and our bodies. Of course, one should not always trust what scientists say. Nonetheless, epistemological jus...

this paper investigates the impacts of economic and financial developments on environmental pollution for 6 opec countries using panel cointegration and panel long-run estimator (dols) over the period 1980–2008.  the results shows that both economic and financial development have significant effect on the environmental quality in selected opec economies. the findings not support the existence o...

The relationship between financial development and economic growth is the crucial issues which could grab economists and policy makers' attention to it. Financial market plays an essential role on each economy, because it conducts funds to those individuals or firms which have productive investment opportunities. If the financial system does not perform this role efficiently, the economic effic...

Can investors with incorrect beliefs survive in financial markets and have a significant impact on asset prices? My paper addresses this issue by analyzing a dynamic general equilibrium asset pricing model with some investors having rational expectations while others having incorrect beliefs concerning the mean growth rate of the economy. In contrast to the existing literature such as Sandroni ...

In this article we review the literature on financial literacy, financial education, and consumer financial outcomes. We consider how financial literacy is measured in the current literature, and examine how well the existing literature addresses whether financial education improves financial literacy or personal financial outcomes. We discuss the extent to which a competitive market provides i...

This paper analyzes the relationship between international financial integration and economic growth. Recent literature, surveyed in this paper, emphasizes the role of financial deepening on economic growth. Less attention has been paid, however, to the role of international financial integration in promoting a deep domestic financial market and through that channel fostering economic growth. F...

Problem statement: The introduction of Information Technology (IT) to government institutions in developing countries bears a great deal of risk of failure. The lack of qualified personnel, lack of financial support and the lack of planning and proper justification are just few of the causes of projects failure. Study presented in this study focused on the justification issue of IT projects thr...

The hypothesis about the link between savings rates, investment, and economic growth produced the Kuznets U-shaped curve hypothesis, which presumes that for promoting economic growth, government should allow rich people to become richer because they will contribute to national savings and thus to investment. Although incessantly criticized, this theory continues to influence current leaders in ...

in 2008, the organisation of gas exporting countries (ogec) was formally established with 11 members in doha, qatar. while having economic and business nature, the organisation is seen as the gas opec, having the potential for changing the geo-strategic and geopolitical structure of the world. therefore, it is regarded as a threat by europe and the us to the security of their energy supply. isl...