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Research ArticleOpen accessApplication of Theories of Complexity and Chaos to Economic MisgovernancePartha Gangopadhyay, Nasser Elkanj, Mustafa A. RahmanProblem statement: In this study we develop a comprehensive model involving local taxes, intergovernmental transfers and bureaucratic corruption to characterize a fiscal equilibrium in order to explain the provision of local (public) expenditure in developing nations. The main goal of the research is to explain economic misgovernance as an equilibrium phenomenon, which is therefore expected to persist over time despite … …Journal of Mathematics and Statistics, Vol. 7, Issue 3 · 27 Jul 2011 · 7,375 accessesView PDFCite
Research ArticleOpen accessBanking Efficiency in Lebanon: An Empirical InvestigationMouataz Zreika, Nasser ElkanjProblem statement: The main goal behind this study is to identify whether banks are working at full efficiency or not and spot the changes in efficiency for banks operating in Lebanon after 2007 financial crisis. Approach: This study was conducted to examine the technical efficiency of 40 banks operating in Lebanon over the two sub-periods 2002-2006 and 2006-2009 using Data … …Journal of Social Sciences, Vol. 7, Issue 2 · 12 Feb 2011 · 8,297 accessesView PDFCite