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This book features a collection of high-quality and peer-reviewed papers from the 2024 8th International Conference on Applied Economics and Business, which was held in Munich, Germany during August 23-25, 2024. ICAEB is held annually as a platform for the presentation of new advances and research results in the fields of applied economics and business. This is the third in a series of books based on presented papers. Applied economics is a way of dealing with esoteric economic concepts in practical and analytical ways. It allows for decisions to be made that are underlined by theoretical economic principles but utilized in such a way that they transform into real work applications. Topics of the conference include studies in many fields including environmental, development, financial, forensic, information, institutional, international, labor, managerial, mathematical, monetary, tourism, and many more. Applied economics affects all aspects of life and science, and it is brought to the forefront in this collection of papers. The conference, with its aim to bring together economists from different fields, lends itself to a natural and rich collection of scientific papers all focused on the practical application of economic principles. The scope of this collection of papers will be useful to academics and practitioners who look to economics to help solve problems.
William (Bill) C. Gartner, Ph.D., is a professor in the Applied Economics Department at the University of Minnesota, USA. His research interests include branding, image, economic impact, and tourism development. He has worked extensively in Asia, Europe, Latin America, and Africa and holds visiting professor positions at four different international universities. He is the author of numerous journal articles, book chapters, and books on tourism development. In addition, he has conducted economic impact, baseline monitoring, policy analysis, and branding studies for the grape and wine industry in twelve US states as part of the Northern Grapes project. He is a fellow and past president of the International Academy for the Study of Tourism.
Comparison of economic determinants of household spending in Africa: A case study of Nigeria and Seychelles.- Event-Driven Strategy and the Market Response to North Korea's Armed Provocation: A Time Series Data Analysis of South Korean Defense Stocks.- Discriminatory models of bankruptcy risk of Polish enterprises from an industry perspective.
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