The liberalization of telecommunications is largely based on the premise that increasing competition will encourage investment. The hypothesis that liberalization promotes investment has received the most empirical support in recent research. However, a key question that has been largely ignored...

This study analyses the relationships between competitiveness in manufacturing and the quality of key supporting services. Three indicators of competitiveness are considered: the degree of product differentiation, unit prices obtained in export markets and the duration of trade. The density of...

State-owned and other state-invested enterprises (SIEs) have become more prominent in the global economy over the last decade. A growing role for state-invested enterprises in the marketplace is not in itself onerous. According to an OECD consensus, as expressed through the Organisation’s...

Since electricity market restructuring, questions over adequate levels of R&D investments persisted. Using an unbalanced panel data of 70 electricity-generating firms across 15 Organisations of Economic Co-operation and Development countries from 1990 to 2008, this paper empirically examines the...

pt. 1. Introduction -- pt. 2. Globalization and the prospects for integration -- pt. 3. Macroeconomic coordination and financial market integration -- pt. 4. Globalization, immigration and labor market issues