Measurement of productivity in the service sector has always represented a challenge for economists. "Productivity in the U.S. Services Sector: New Sources of Economic Growth", by Jack Triplett and Barry Bosworth from the Brookings Institution is reviewed. The authors have produced a textbook on...

This is a review article by Andrew Sharpe from the Centre for the Study of Living Standards of Angus Maddison's path-breaking new book, The World Economy: A Millennial Perspective. The article summarizes Maddison's key findings in a number of areas, with particular emphasis on his estimates of...

The aim of this paper is to show the strategies of the Venetian Patricians (and those from the Mainland) face to the risk. The diversifications of investments (in all the economic sectors, as agriculture, manufacture, trade, public and private finance) and the flexibility in the domestic and...

This essay aims to analyze the economic and social role of foreign (forestieri) merchants and artisans in Venice between the low middle age and the early modern time. In search of new perspectives of work, many strangers, also of different religions, came in Venice, where they organize...

This paper discusses the possible significance of the recent Empagran decision of the US Supreme court for the extraterritorial enforcement of competition law. In this decision the US Supreme rejected the claim of foreign plaintiff suing in the US another foreign firm which had participated in...

In this paper we systematize existing theoretical and empirical, often contradictory, knowledge of leading international economists and foreign institutions about reciprocal and causal relations between income distribution, economic growth and income poverty, in order to highlight the importance...

La crise économique des années 1970 remet en cause l’intervention de l’Etat, en raison de l’intensification de la concurrence internationale, de l’apparition des nouvelles technologies de l’information et de la communication et de la globalisation des marchés financiers. Depuis les...

Several legal missions from the Federal Planning Bureau require the construction of long-term macroeconomic scenarios for the Belgian economy. In order to increase the consistency of these scenarios and to build them within a rigorous theoretical framework, it appeared important to develop a new...

This article examines the effect of remittances on economic growth, highlighting the main transmission channels. Using the SGMM method, estimates based on data from 27 developing countries show that remittances have a positive and significant effect on economic growth. The results don’t allow...

Economic growth together with gross domestic product increase - have been considered as principal criteria of countries´ welfare. Contemporary era witnesses profound changes within countries and their population. These have been reflected in impacts on evaluating wealth, happiness and content...