This paper describes an attempt to analysis factors that contribute to the rise of the external imbalances in domestic economy, namely: debt crises, volatility fluctuations of capital flows and diminishing predictability ...

The aim of this paper is the analysis of options in the context of Islamic finance. Traditional options in most cases cannot be offered by Islamic financial institutions, since their construction is not compliant with ...

The aim of the study is to present the impact of the financial and sovereign debt crisis on the functioning of the Eurosystem’s credit channel and attempt to assess the ECB’s anti-crisis measures to improve monetary ...

The article undertakes the topic of fiscal sustainability in the New EU Member States in the context of the recent economic crisis. Sharp falls in GDP lead to an increase of the basic indicator of fiscal sustainability: ...

Chinese yuan has the best opportunity among the emerging markets currencies to become a widely used international currency. The potential of the Chinese yuan derives from China's economic size, macroeconomic stability, ...

The aim of this paper is to outline results of investigations into the degree of the Hungarian and Slovak equity market integration with the euro area stock market. In our investigations we used monthly data from the ...

The aim of the paper is to present the role of the interest rate in the main economic theories. In the paper Author analyses the basic determinants affecting the level of interest rates. The research allows to answer the ...

The immanent problem of the international monetary system is the adjustment asymmetry (also called “asymmetrical burden sharing”). The same problem arises on the regional level, in the case of monetary union. The adjustment ...

The paper discusses the transformation of the structure of commodity investment, the changes in the strategies adopted by financial investors, and the effects of those changes on both price movements and the relationships ...