This paper identifies the countries with low hourly wages in industry, and the proportion of world GDP produced by these countries. Next, it determines the relative importance of imports from low wage countries and examines the extent to which Community exports to the LWCs follow trends which...

This paper examines the degree of economic interdependence between the United States and Europe and assesses the capacity of the two economic blocs to adapt to technological change and to seize the opportunities created by the high-tech sectors. After a description of the interdependence between...

[eng] Hi Tech sectors are characterized by high growth of demand and employment, higher than average productivity growth, a highly skilled labour form and a high level of non material investment. These sectors have also important spin-off effects on the other sectors. The relative weight of...

The paper examines whether differences in the nature of competition between manufacturing and service activities are reflected by similar differences in EC competition. The two differences between manufacturing and services which are mainly emphasized are local versus global competition and...

Contributing to a convergence of legal and economic approaches, The Economics of Antitrust and Regulation in Telecommunications integrates economic theory into current EU antitrust policy within the sector. The book addresses the role of competition and regulatory policies on a number of key...

Contributing to a convergence of legal and economic approaches, The Economics of Antitrust and Regulation in Telecommunications integrates economic theory into current EU antitrust policy within the sector. The book addresses the role of competition and regulatory policies on a number of key...