Governments around the world evaluate economic performance using macroeconomic indicators, such as GDP. In this study emergy accounting was used to assess the economy of Argentina during the 20 century. Emergy evaluations of the Argentine economy for five time periods (1900-1929, 1930-1943, 1944-1975, 1976-1989, and 1990-1995) were conducted. Results were compared with evaluations of other coun...

We investigate how the relative contribution of external factors to stock price movements varies with the degree of financial development. We find that financial development makes stock markets more susceptible to external influences (both financial and macroeconomic). Interestingly, this effect is present even after having accounted for capital controls and international trade effects. JEL Cla...

Deformable Models are extensively used as a Pattern Recognition technique. They are curves defined within an image domain that can be moved under the influence of internal and external forces. Some trade-offs of standard deformable models algorithms are the selection of image energy function (external force), the location of initial snake and the attraction of contour points to local energy min...

The EU has long been a global power in the world economy and in international economic policy-making. The EU is the largest trader in the world economy; in 2005, its external merchandise trade equalled about $ 2,790 bill., with a rather well balanced position: the external deficit of the EU came to about $ 134 bill. 1 In the same year, the US total merchandise trade came to about $ 2,637 bill. ...

in the era of globalization, particularly, since early 1990s, economies around the world have been affected considerably by co-movements in one or more countries. in the literature this phenomenon is recognized as synchronization in business cycles, while joint policies being conducted by trading partners can modify such effects properly. the objective of this paper has been to evaluate a possi...

This paper elaborates on the government's powers - both at the domestic level and over foreign countries. The domestic power is the power against domestic lobbies, and the foreign one is the government's international power. To do so, this paper tries to evaluate the effects of these powers   on the formation of free trade agreements (FTAs). The theoretical framework follows an oligopolistic-po...

South African trade policy has exerted a major influence on the composition and aggregate growth of trade. In the Apartheid period, trade protection seriously impeded both exports and imports, and the economy depended on favorable global commodity price trends to avoid running into an external constraint. South Africa developed a comparative advantage in capital-intensive primary and manufactur...