This report presents the results and recommendations of a comprehensive study of the shadow economy in Serbia prepared by the Foundation for the Advancement of Economics for the USAID Business Enabling Project (BEP). The report is based on the results of an analysis of the relevant statistical data, information obtained from the Survey on Conditions for Doing Business carried out on a sample of…
The main purpose of this book is to focus on the computational complexity theory of lattice ciphers, especially the reduction principle of Ajtai, in order to fill the gap that post-quantum ciphers focus on the implementation of encryption and decryption algorithms, but the theoretical proof is insufficient. In Chapter 3, Chapter 4 and Chapter 6, author introduces the theory and technology of LW…
This open access book addresses four standard business school subjects: microeconomics, macroeconomics, finance and information systems as they relate to trading, liquidity, and market structure. It provides a detailed examination of the impact of trading costs and other impediments of trading that the authors call “frictions”. It also presents an interactive simulation model of equity mark…
This open access book introduces the modern tontine and its applications in retirement and decumulation. Personal financial management in the later stages of life presents unique challenges, and renowned retirement planning expert Dr. Milevsky proposes the modern tontine as a solution. With the goal of guiding professionals and retirees in more efficient decumulation, the book demonstrates how …
Infrastructure and its effects on economic growth, social welfare, and sustainability receive a great deal of attention today. There is widespread agreement that infrastructure is a key dimension of global development and that its impact reaches deep into the broader economy with important and complex implications for social progress. At the same time, infrastructure finance is among the most c…
Drawing upon a combination of ethnographic research and media and communication theory, Building Communities of Trust: Creative Work for Social Change offers pathways to building trust in a range of situations and communities. Ann Feldman presents rich examples from her own life and social-impact journey with nonprofit, Artistic Circles, along with supplemental case studies from interviews w…
In this topical lecture, investor and philanthropist Gerald Chan examines the role of philanthropy in the rapidly changing higher education environment. He proposes that society will be short-changed if the purpose of universities is seen as human resource rather than humanity. Dr Chan argues that the independence of universities is crucial for maintaining the balance between their dual role as…
The management of resources is a central duty for school and college leaders, but one for which they are often under-prepared. Good, contextual information and guidance are vital, especially as increased marketisation, international comparison and decentralised governance put additional pressure on leaders to manage their resources astutely. This second edition of Educational Resource Managemen…
A chain is only as strong as its weakest link. When the links in the chain represent development projects, if individual projects fail to achieve their purpose, the development program's effectiveness is compromised. When the chain's links are strong and well-connected, the results are improved for the sector, country, and region. The role of multilateral banks is crucial; they inform the impac…