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Van Dun (2003) was a critical response to Block (2003). The present
paper is a rejoinder to Van Dun (2003). The issues under contention between the
two authors include the status of praxeology, empirical evidence, probability and
the synthetic a priori.
JEL codes: B4
Many countries have implemented decentralization. However, in the
case of Indonesia it has also been accompanied by a controversial phenomenon: the
local government proliferation or “blossoming”. As result of the proliferation wave,
the number of local governments in Indonesia increased...
An analysis of quarterly real gross domestic product (GDP) growth
rates in South Africa for the period 1960 to 2011 is done using an autoregressive
moving average-exponential generalized autoregressive conditional heteroskedasticity
(ARMA-EGARCH) model and the extreme value theory (EVT) modeling...
Malaysia has a number of full-fledged Islamic banks including several
foreign owned entities of conventional institutions who have established Islamic
subsidiaries and also entities who are conducting foreign currency business (Central
Bank of Malaysia 2011). Full-fledged Islamic banks can fully...
This paper investigates the impact of the business cycle, adjustment
costs and other bank specific variables on bank capital buffer in the three types of
Indian commercial banks. This study specifies a partial adjustment model and uses
the dynamic panel data model and more specifically the...
This article explores the phenomenon of entrepreneurial opportunity.
Entrepreneurial opportunity is depicted as a nexus between the ebb and flow of the
environment and our personal, family and business disposition, reflected in our
personal knowledge. Opportunity recognition therefore must be...
This paper discusses the major trends in scholarship about the relationship
among ICTs and macroeconomic variables, in providing greater government
transparency and reducing corruption, the effect of corruption on human development,
the role of e-governance in facilitating state-citizen...
The material gathered in this study provides a rich and diverse context
for understanding the coordination and prosecution of transnational organized
crime, the international community’s focus on national legislation and cross-border
information exchanges, the growing threat of transnational...
The mainstay of the paper is formed by an analysis of the need for
leadership continuity and stability, organizational change in the public sector, and the
role of HR professionals in local government units. Thus, my aim in this paper is to
examine the relationship between employee discipline...
Considerable research attention has focused on the major design failures
of the Eurozone, the interdependencies between bank and sovereign risk, and
nominal divergences between the core and peripheral economies of the Eurozone.
The theory that I shall seek to elaborate here puts considerable...
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