Generolo Jono Žemaičio Lietuvos karo akademija

This research article aims at examining the nature of the relationship between the real effective exchange rate and oil prices in Thailand for the period 1997 to 2019. It is expected that bilateral exchange rates have more fluctuation under a floating exchange rate than under a fixed exchange rate. The monthly data of real oil prices and real effective exchange rate have been employed for the analysis. The results indicate that these two series do not have co-integration and causality connections. However, a raise in the instability in oil prices brings to a raise in rate of exchange instability. These findings have important policy implications for the government.

This is a conceptual article to study the economic effects of SMEs performance. It has become a widely recognized that entrepreneurs and Information Technology (IT) have become the backbone of the world’s economy. In fact, entrepreneurs are commonly considered an asset for the economic development of the society as well as the country. The current studies focus on the nature, process and practice of the matter SMEs and Information Technology in entrepreneurship for the development and implementation throughout the world, and provide entrepreneurs, managers and practitioners with up-to-date, comprehensive and effective strategies for business plans with an effective method of using Information Technology in society. However, massive and ongoing transformations are characteristics of this environment and business environment, which underscores the need for greater attention to be paid to the business environment. Furthermore, modern organizations do activities in complex environment and in the meantime dynamic. This paper aims to discuss the importance of entrepreneurship in today’s society. Therefore, entrepreneurs can play an important role in assisting and fostering business success to benefits the society. Extensive changes, increased complexity and competition are the most important features of today’s world. In addition, Information Technology can assist the business to create value, better performance, increase productivity and quality. Finally, information technology is important to the business sector as a management tool to optimize the processing of information to produce goods and services for profits.