The aim of this study was provide answers to two research questions. While the first one is concerned with the causes of the remarkable macroeconomic resilience of the Nordic EU-countries since the mid-1990s, the second one is related to the sustainability of a high degree of government activity...

"This volume is a compilation of important papers relating to the financial, governance and political-economy structures of the region, through a variety of methods and topics. Following the Asian crisis and subsequent global financial upheavals, policymakers and academics issued cries for...