Sri Lanka’s economy was already showing signs of weakness before the COVID-19 pandemic. Growth and poverty reduction had slowed down in last five years. A restrictive trade regime, weak investment climate, episodes loose monetary policy an administered exchange rate contributed to external imbalances. Sustained fiscal disparities, driven primarily by low revenue collections, combined with tax c...

The Icelandic banking crisis provides a useful example of how the global economic downturn transformed into a domestic crisis and then transformed again into an international conflict. Rather than a strict economic analysis, discussion around the economic causes and potential cures surrounding the Icelandic banking crisis have been framed in terms of ethics. The analysis shows that ethical para...

The character Gordon Gecko in the film “Wall Street” lived by the mantra “Greed is Good.” The events that unfolded toward the end of 2008 exposed in dramatic fashion the downside to greed and led to the worst global economic crisis since the Great Depression of the 1930s. Economic contagion in the US spread rapidly as many countries experienced failures in key businesses, declines in consumer w...

This paper discusses modern macroeconomic and financial models in the light of the current crisis. Theory has been revealed to be inadequate in its explanation of the origins and the nature of the crisis, as Jean-Claude Trichet the Governor of the European Central bank and his colleagues at other central banks have indicated. Basic macroeconomic models, however sophisticated have continued to b...

Abstract This research has aimed to examine the feedback effects between economic growth and environmental degradation through health that is one of human capital elements and also the consequences of such these relationships on economic convergence process during the period 1990-2013 for 60 developing countries in framework of simultaneous equations model by using unbalanced panel data analysi...

The severe economic crisis is affecting significantly to the environment in which companies have continue with their business. Consequently, academicians and managers are worried about what going happen Social Responsibility particularly Environmental Responsibility, due decrease financial performance of companies. aim this paper study effect on environmental behavior Spanish through an explica...