This article studies the effects of reverse factoring in a supply chain when buyer company facilitates its lower short-term borrowing rates to supplier corporation return for extended payment terms. We explore role interest rate changes, rating and business cycle position on cost benefit trade-off from perspective. utilize combined empirical approach consisting an event study Step 1 simulation ...

In an age of free international shipments of mail-ordered seeds and plants, more policing will not stop the global migration of hitchhiking pests. The solution is in a preemptive response based on an internationally coordinated genomic deployment of global biodiversity in the largest breeding project since the "Garden of Eden." This plan will enrich the narrow genetic basis of annual and perenn...

The rules laid down in Article 32 of the Protocol No. 18 on the Statute of the European System of Central Banks and of the European Central Bank of the Maastricht Treaty will significantly redistribute European seignorage income and hence the implicit entitlement to the € 352 billion stock of interest bearing assets which the central banks contributed to the currency union as of 1 January 1999....

One of the possible scenarios in Asia-Pacific is a bipolar order two great powers, United States and China. In this situation, alliance commitments will likely remain fixed rather than flexible. This scenario also known as “a new kind cold war” because both actors have many social ideological differences that often be emphasized competition for geopolitical position. Three main questions are ad...