Why Is China Investing in Agriculture in Africa?
Due to considerable experience of international cooperation, China is known as one of the primary investors in the development of foreign countries. For decades, Chinese specialists have been demonstrating high efficiency and diligence establishing a...
The World Trade Organization (WTO)
Introduction Globalization of the world economy, strengthening of relationships and interdependencies of countries, and the need for adaptation of national economies to the changes in the world economy required the coordination of economic policies ...
The Major Functions of the IMF
Introduction The International Monetary Fund was established in 1944 in an effort to build a modern and more stable international economic system. Its aim was to evade high-priced faults of preceding decades. During the time of its existence, the IM...
Islamic Finance
Introduction During the crisis, Islamic finance has attracted the attention of investors. Despite the extensive availability of information on the subject of Islamic banking, today the majority of experts in finances do not have a common idea about ...
Transaction Cost Economics
What are transaction costs? There are two main ways of applying transaction costs reasoning. The first one is the direct-measurement transaction cost approach (DMA), and the second one is the indirect or frequency-measurement transaction cost ...