Service activities are now acknowledged as key players in economic development, societal change and public policy worldwide. This exciting Handbook not only contributes to ongoing conceptual debates about the nature of service-led economies and societies; it also pushes back the frontiers of...

Stock markets in the United States experienced a surge of growth throughout the 1990s as an expanding national economy, deregulation, and demographic change produced the longest bull run in history. This paper explores the reasons for this boom. Next, it charts rising employment in securities...

Following the stock market crash on 19 October 1987, the securities industry contracted nation-wide. In New York City, over 10 800 jobs were lost within eight months of the crash. Bonuses, a major component of salaries in the industry, also declined. The short-run induced effects on regional...

Recent innovations in telecommunications and computing, enhanced by a global wave of deregulation and the emergence of post-Fordist production regimes, have unleashed profound transformations of various service sectors in the global economy. This paper first reviews the geographical...

The U.S.-Canada Free Trade Agreement initiated in 1989 will remove most of the remaining barriers to trade and will have substantial impacts on regional economies in both nations. The economic effects of this Free Trade Agreement are analyzed using a three-stage approach. First, the origin...