Our paper investigates the drivers that shape the global telecommunication industry, and the sources of competitive advantage for the traditional telecommunication operators. The analysis is based on a case study of British Telecommunications Plc. (BT) and the co-operative relationships formed...

It is a central claim of the national competitiveness literature that firms exploit the comparative advantages of their environment by choosing to pursue the product market strategy that is facilitated by national financial- and labour-market institutions. Otherwise, so goes the argument, firms...

This paper examines co-movements and volatility spillovers in the returns of the euro, the British pound, the Swiss franc and the Japanese yen vis-à-vis the US dollar before and after the introduction of the euro. Based on dynamic correlations, variance decompositions, generalized VAR analysis,...