Issues and Challenges of the Financial and Economic Crisis Throughout the World
View Published Articles →01About This Special Issue
Since 1930, the great global financial and economic crisis has confused the financial system and the real economy has plunged into recession. To late 2008, the financial crisis began to affect the real economy, which has caused a global recession.However, the crisis remains among the major issues of the economy although it does not reach all countries in the same way.
In this respect, developed countries experience a significant contraction of their economies at the same time emerging markets are doing quite well. These economies have adopted macroeconomic frameworks with the objectives of stabilizing inflation and control public debt levels.
Economic and financial turmoil have both revealed weaknesses in most economies and instilled an awareness of the need to act together.
This special issue is aimed at promoting discussion bordering on all areas of economic, finance and business (micro and macro foundations), how they affect policy, implementation, management or human existence, and provide solutions to the problems that hamper the present or future existence.
It is devoted to the most recent developments and research outcomes addressing the related theoretical and practical aspects of economic and financial, and it could serve as a background for policy change or review of policies, scientific methods and address issues that presently affect or will affect society in the future.
We especially encourage experience reports and studies of this subject, providing best practices and lessons learned. We are also looking forward to survey papers on current research in this area.
We solicit for papers (contemporary reviews, original papers, hypothesis, perspectives, views and opinion containing high-quality artwork and require the use of mechanistic summary diagrams) from researchers, lecturers and experts from all around the world. The submission must be clearly written and in excellent English, with a maximum page limit of 15 pages.
All papers will be indexed in international databases. High quality papers may have the possibility of been presented to supranational organizations such as the United Nations. Review of manuscripts will be completed within suitable date after submission.
02Meet the Guest Editors
Our distinguished editors bring deep subject-matter expertise to curate high-quality research and ensure a rigorous peer-review process.
Lead Guest Editor
Olfa Manai Daboussi
Higher Institute of Management, Tunis University, Tunis, Tunisia
Guest Editor
Aura Emanuela Domil
Departament of Accounting and Audit, Faculty of Economics and Business Administration, West University of Timisoara, Timiosara, Romania
Guest Editor
Anisul Islam
College of Business, University of Houston-Downtown, Houston, United States
Guest Editor
domenico marino
departiment Pau - mediterranea university f Reggio calabria, reggio calabria, Italy
Guest Editor
Mustafa Tutar
Department of Mechanical and Manufacture, University of Mondragon, Mondragon, Spain
Guest Editor
Erastus NJOROGE
School of applied economics, Kenyatta University, Nairobi, Kenya
Guest Editor
Rim Lahmandi Ayed
School of Statistics and Information Analysis (ESSAI), Marsaskala, Tunisia
Guest Editor
Dr. Hossein Parsian
Plan and Budget Organization of Iran, Tehran, Iran
Guest Editor
Fatma Siala Guermazi
Faculty of Economics and management, University of Tunis El Manar, El Manar, Tunisia
Guest Editor
Amira Majoul
Higher Institute of Management, Tunis University, Tunis, Tunisia
03Published Articles
The following articles have been published in this special issue.
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Business Cycle Synchronization between United States and African Region: Some Empirical Evidence
Issue: Volume 3, Issue 6-1, December 2014Pages: 39-47Received: 14 December 2014Accepted: 16 December 2014Published: 11 February 2015Abstract: This article analyzes the transmission cycle of the United States to emerging markets of the Middle East and North Africa. The related empirical literature dedicated to the transmissions of financial and real shocks on business cycles in emerging African countries does not lead to firm conclusion. We propose a different empirical approach allowing ... Show More -
Drivers and Forecasting Inflation for Agreement Agadir Countries
Issue: Volume 3, Issue 6-1, December 2014Pages: 33-38Received: 14 December 2014Accepted: 16 December 2014Published: 8 February 2015Abstract: The question of the determination of effective forecasting models, for macroeconomic variables, is still considered crucial for the monetary authorities. On the academic side, the interest aroused by this issue in international economics has been a subject of major debate at the center of the recent literature. This last demonstrate that prediction... Show More -
The Effect of Global Economic Crisis on Turkish Tourism Demand and a Review for the Period 2003-2013
Issue: Volume 3, Issue 6-1, December 2014Pages: 22-32Received: 20 November 2014Accepted: 3 December 2014Published: 27 January 2015Abstract: Turkish tourism has developed as more dependent on the international tourism demand until the 2000s. However, it has gained more stable and more balanced structure with the effect of increase in demand of domestic tourism in the early 21st century. In recent years, despite of the global crisis, the growth rate of the domestic and international tour... Show More -
Money Demand Instability and Money Supply in Tunisia during Transition Period
Issue: Volume 3, Issue 6-1, December 2014Pages: 15-21Received: 14 December 2014Accepted: 16 December 2014Published: 24 January 2015Abstract: The objective of this paper is to present an empirical analysis of Tunisian money demand, money supply and monetary policy before and after economic transitions. This work explores the instability in estimated money demand functions. We evaluate the role of financial innovations in stabilizing the demand money function over two periods. Results sug... Show More -
Problems Related to Measuring and Interpreting Indicators of the Standard of Living
Issue: Volume 3, Issue 6-1, December 2014Pages: 9-14Received: 30 November 2014Accepted: 12 January 2015Published: 21 January 2015Abstract: The paper deals with different approaches to measuring living standards. Attention is drawn to income and expenditures recorded in selected countries of the European Union (the United Kingdom, Sweden, Germany, Spain and the Czech Republic). The basic model of linear regression analysis is used to present the curve of the income and expense situatio... Show More -
Measurement of Regional Poverty in Tunisia: A Descriptive Approach
Issue: Volume 3, Issue 6-1, December 2014Pages: 1-8Received: 16 December 2014Accepted: 18 December 2014Published: 17 January 2015Abstract: Our objective of this paper is double: searching in economic theory about the divergence between concept of poverty and the regional dimension social inequality. This divergence may biases estimates of poverty rates. This largely depends on measurement tool and the use indicator target. We propose later to response for: if the problem is disruptive... Show More
