Ten years into the transition, newly emerging private enterprises in transition economies, usually described as small and medium-sized enterprises (SMEs) in the international context, have come to play an increasingly important role as the driving engines of economic growth and employment...

Das vorliegende Buch untersucht die Finanzierung neuer Privatunternehmen in den Transformationsländern. Im Mittelpunkt stehen dabei kleine und mittelständische Unternehmen und ihre Möglichkeiten auf den Kapitalmärkten. Ob und in welchem Umfang der Staat diesen Unternehmen durch Kredite und...

Local development strategies represent an important response to the challenges of globalisation, while providing a mechanism for seizing the new opportunities that globalisation offers. Yet designing and implementing a local strategy is a much more difficult process than often imagined. It...

This review, which draws on data and comparative perspectives from OECD countries, highlights challenges that Brazil will need to tackle, including those related to fiscal arrangements among the sub-national governments, building administrative capacity at the local level, and fostering...

The competition to stage major global events – such as OIympic Games, EXPOs, cultural festivals, and political summits – is more intense than ever before. Despite advances in virtual communication, large-scale gatherings of this kind have again become extraordinarily popular. In part, this...