The advent of the Single Market is increasing the intensity of competition between different regions of Europe at a time when national governments are experiencing a curtailment of their powers to assist them. Regions are not just competing for foreign investment, but with the increased mobility...

We have in the last few years been deluged with travellers' tales from the People's Republic of China, exhorting us to do business there, and encouraging us to believe in the integrity of Chinese business systems. Equally it always seems that we are to accept a slight air of mystery about how...