The study will first outline the way in which Germany's fiscal policy was driven for several decades by a paradigm that centered on deficit control and reduced state involvement in the economy. It will assess the damage wrought by this strategy - for example, underinvestment in infrastructure...

The study will first outline the way in which Germany's fiscal policy was driven for several dec-ades by a paradigm that centered on deficit control and reduced state involvement in the econ-omy. It will assess the damage wrought by this strategy - for example, underinvestment in in-frastructure...

The study will first outline the way in which Germany’s fiscal policy was driven for several dec-ades by a paradigm that centered on deficit control and reduced state involvement in the econ-omy. It will assess the damage wrought by this strategy – for example, underinvestment in...

The study will first outline the way in which Germany's fiscal policy was driven for several decades by a paradigm that centered on deficit control and reduced state involvement in the economy. It will assess the damage wrought by this strategy - for example, underinvestment in infrastructure...

In standard models of New Economic Geography the overall regional price index in the centre is lower than in the periphery, because trade in manufacturing imposes transportation costs whereas trade in agriculture is assumed to be costless. Since real world observations suggest higher overall...

Governments in several countries have recently spent considerable effort to defend domestic firms against acquisition attempts from abroad and instead favoured mergers among national firms. In this paper we offer an explanation why globalization can reinforce the case for promoting "national...