In recent decades, developments in the financial sector have played a major role in shaping macroeconomic outcomes in a wide range of countries. Financial developments have reinforced the momentum of underlying economic cycles, and in some cases have led to extreme swings in economic activity and a complete breakdown in the normal linkages between savers and investors. These experiences have le...

The development of social–emotional competence is of key importance during early childhood, particularly during the preschool years. We too often believe that early childhood education should focus on the promotion of academic skills to increase intelligence and, therefore, neglect the importance of social and emotional learning. Children who are socially and emotionally well adjusted do better...

Presently, there are two main aspects which allow to reduce the operating as well as the cold reserve power to be kept ready by individual network partners in order to maintain the power system reliability. First, the transmission lines, generators and loads are interconnected into large-scale and complex integrated systems. An important benefit brought about by the interconnected operation is ...