Over the last three decades the role of banking in the process of financial intermediation has been undergoing a profound transformation, owing to changes in the global financial system. India’s banking system has seen some major financial innovations in the past decade as well as steps to promote financial inclusion, schemes that aim to take banking services to yet-to-be-banked areas. The vari...

This article examines financial support (especially EU Structural Funds as the main tool of cohesion policy) for investments a lever development SME innovativeness in Poland. The European Commission strongly stresses importance their policy and SMEs. enterprises have suffered significantly from credit crunch, situation could worsen banks engage restructuring to eliminate impaired assets balance...

The paper contributes to the recent growth models debate through a cross-country analysis of drivers before and after 2008 Global Financial Crisis (GFC). It argues that widely used dichotomy export-led versus (debt-financed) consumption-led has lost its usefulness since GFC. Specifically, identifying contributions can give misleading results when economic change. contends Comparative Political ...

Widely-dispersed assets such as buildings, equipment, roads and bridges present local governments as well as big organizations with a number of asset management challenges. Recently financial sustainability and competitiveness have put more pressures on owner/managers to minimize asset total cost of ownership and streamline their asset management operations. In general asset management operatio...

This study discusses the potential of electronic commerce (EC) and its impact among the newly emerging economies and the changing landscape of businesses. In assessing the global impact of EC, the study examines the different areas of EC in which Information Technology (IT) can play a vital role with a focus on access and use of infrastructure, global competitiveness and trade, the changing lan...

Information Technology plays an important role in improving organizational competitiveness and as a result the economic growth of a country, particularly within the emerging context. This research in progress examines the extent of information communication technology (ICT) skills, use and adoption among owners of small and medium enterprises (SMEs) in Morocco. The framework for this analysis i...

We consider a class of discrete time stochastic control problems motivated by some financial applications. We use a pathwise stochastic control approach to provide a dual formulation of the problem. This enables us to develop a numerical technique for obtaining an estimate of the value function which improves on purely regression based methods. We demonstrate the competitiveness of the method o...

Serious challenges face American higher education and our nation’s continued economic competitiveness and security. Some of these challenges have been identified during the multiyear effort to reauthorize the Higher Education Act and in several recent reports, including A Test of Leadership: Charting the Future of U.S. Higher Education by the Secretary of Education's Commission on the Future of...