The sectoral composition of economies is fundamental to the understanding of growth, unemployment and the relative performance of nations. Henri de Groot models the relationship between these four factors from a single theoretical perspective in order to determine the foundations of the wealth...

The internationalization of financial markets is one of the focal points in the discussion about recent globalization trends. These discussions suggest that capital can move freely between countries. However, there is ample evidence that national borders do matter and that there are many...