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  Human Action. Part Four, Chapter XVII. Indirect Exchange && 12-19

  People deal with money-substitutes as if they were money because they are fully confident that it will be possible to exchange them at any time without delay and without cost against money. We may call those who share in this confidence and are therefore ready to deal with moneysubstitutes as if they were money, the clients of the issuing banker, ... People deal with money-substitutes as if they were money because they are fully confident that it will be possible to exchange them at any time without delay and without cost against money. We may call those who share in this confidence and are therefore ready to deal with moneysubstitutes as if they were money, the clients of the issuing banker, bank, or authority. It does not matter whether or not this issuing establishment is operated according to the patterns of conduct customary in the banking business. Token coins issued by a country's treasury are moneysubstitutes too, although the treasury as a rule does not enter the amount issued into its accounts as a liability and does not consider this amount a part of the national debt. It is no less immaterial whether or not the owner of a money-substitute has an actionable claim to redemption. What counts is whether the money-substitute can really be exchanged against money without delay and cost.

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  Transformation in Europe & India for their economic growth: key prospects and the untapped opportunities

  The material put its focus on: • How India (as EU’s strategic partner) and her SME-s1 are looking into this opportunity to expand into European (including the fast growing Eastern regional) markets of Industrial Technology & Engineering • The prime indicators from HannoverMesse2 2006 - “The case of Germany”: Doorstep to Europe’ for expanding the ... The material put its focus on: • How India (as EU’s strategic partner) and her SME-s1 are looking into this opportunity to expand into European (including the fast growing Eastern regional) markets of Industrial Technology & Engineering • The prime indicators from HannoverMesse2 2006 - “The case of Germany”: Doorstep to Europe’ for expanding the base of industrial manufacturing and technology collaborations rapidly.

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  A Holistic Model and Methodics for the Business Development Process

  The problem is especially valid for the 2007 – 2013 ã., in which the Bulgarian economy has to be modernized and Bulgarian enterprises to be supported in their developmental efforts by special European and national strategic programes and funds. Applying for funding the enterprises has to create their own models. Due to this we present in the study ... The problem is especially valid for the 2007 – 2013 ã., in which the Bulgarian economy has to be modernized and Bulgarian enterprises to be supported in their developmental efforts by special European and national strategic programes and funds. Applying for funding the enterprises has to create their own models. Due to this we present in the study possible conceptual models. They have to be available befor the real projects for business organizational development process starts. The development process needs a comprehensise methodics for the evaluation and strategizing. It is also presented in the study. The object of the study is a holistic concept for approaching and for development of business systems to be presented. Before to start the real development of the business systems their management has to analyse and then to strategize them as networks. The relations between different managerial documents are also examined.