It is important to remove the discrepancies in data in the various segments of the manufacturing sector, namely, factory, non-factory, small, medium and large-scale sectors, to have a proper estimates of the state of manufacturing. These have an important bearing on estimated of the peprformance...

The paper aims at investigating the possible trajectories of regional clusters (industrial districts or local systems) in order to depict feasible strategies to cope with globalization. First, same relevant stylized facts on the new structure of global market are presented in order to illustrate...

To create a more practical model for comparing the long-run impact of environmental taxes, subsidies and emissions trading on an industry, using partial equilibrium analysis, this papers examines the long-run impact of (1) a CO2 tax, (2) subsidies for CO2 emissions reduction (e.g. favourable tax...

Uzbekistan in recent 10 years is an extremely successful economy – high growth (8%), low domestic and international debt, undervalued exchange rate, relatively even distribution of income, creation from scratch competitive export oriented auto industry. It is important though to avoid...

The development of Abu Dhabi and Dubai during past years seems breathtaking. Both emirates pursue a strategy of diversifying their economic structure and thus of becoming less dependent on oil and gas. The obvious goal is to secure their prosperity for an era beyond oil. Diversification is a...

Underlying Greece's public debt crisis is a fundamental economic problem: its lack of international competitiveness. While in the short term the debt crisis must be solved, in the long term the economic perspective of the country will depend on whether it will succeed in developing competitive...

The paper investigates the trade-off between innovation and defence industrial policy. It presents an agent-based simulation model calibrated for the Norwegian defence industry that compares different policy scenarios and examines the effects of a pending EU market liberalization process. The...

Cluster policy has gained remarkable prominence in regional and sectoral structural policy in industrialized countries. Instead of compensating for weaknesses it focuses on strengths in the local and regional economic structure. In Germany, handing out regional development funds in competitions...

Cluster policy has become a method of choice for economic policymakers in many nations and regions in both industrialized and developing countries. Since the beginning of the 1990s, the policy is being perceived by politicians and practitioners as a way to anchor economic activity in locations...