Natural resource consumption fulfil the necessities of any society. The way these resources
are extracted matters for the economy and environmental quality. Likewise, increasing …

Research background: The transformations induced by global challenges call for new
approaches towards competitiveness and thus require a consistent rethinking of strategies …

Current macroeconomics, the 'New Consensus Macroeconomics', downgrades significantly
the role of fiscal policy as a stabilisation instrument of macroeconomic policy. This paper …

Many developing countries are characterized by a large informal sector, and are also often
heavily dependent on remittance inflows from abroad. We develop a general equilibrium …

This paper analyzes how low-income countries should optimally respond, through fiscal
policy, to commodity price shocks. The model accounts for imperfect access to world capital …

Through this paper we aim to identify the existence or non-existence of a link between
Romania's external debt components on medium and long term and the evolution of …

A number of emerging markets have experienced substantial real exchange rate
appreciation in recent years, generating concerns about competitiveness and prompting …

HR functions within both internal and external contexts. The understanding of both contexts
is crucial for comprehending how and why they drive HR strategies and practices in …

Foreign investment can mitigate the foreign exchange constraint of developing countries. It
can also influence the economy's international competitiveness through appreciating or …

The factors influencing the real exchange rate are an important issue for a country's price
competitiveness, which is especially relevant to those countries belonging to a monetary …