Recent years have witnessed the advances of e-money systems such as Bitcoin, PayPal and various forms of stored-value cards. This paper adopts a mechanism design approach to identify some essential features of different payment systems that implement and improve the constrained optimal resource allocation in Germany
Transparency is a key value in the thinking of ethical banks, but do they perform different practices over traditional banking that justify or support that commitment to transparency? This study examines transparency in the communication process in two different types of banking in Spain: ethical/alternative banking and traditional banking.
Globalization of economic processes requires an adequate transformation of the economic Sciences. In the modern world, the globalization of actors and results of production leads to the formation of global relations of ownership and governance. It modifies the subject field of General economic theory and generates the global political economy.
The bioeconomy is widely understood as an economic system that combines in a synergic way both natural resources and technologies, together with markets, people and policies. There are established links between old industries traditionally based on natural resources and new ones those previously had no direct relations
Findings from both virtual brand community (VBC) behaviors provided a good reference, which informs a strategic direction to boost brand performance. The results examined different motives, which were likely to promote VBC participation, and were extended to the degree of VBC engagement.
Monotonic Correlation Diagnostics of share price volatility for Shariah-compliant Islamic Bank: A New Insight of Islamic Financial Engineering
The objective of this paper is to analyze the relationship between volatility rates and return rates for a share price of Bank Islam Malaysia Berhad (BIMB) from the year 2010 until 2016.