The rise of China and India has completely changed the world economy, moving it towards disequilibrium. Several alternative economic policies are tested to seek a way towards high growth in any continent associated with long-run real and financial equilibrium. The authors argue for a new...

1. Introduction / Jason Begley [and others] -- 2. Creating local economic resilience : co-operation, innovation and firms' absorptive capacity / Jonathan Michie and Christine Oughton -- 3. Global economic crises and local fortunes : the case of Oxfordshire and Buckinghamshire / Rupert Waters and...