The ongoing global financial turmoil has increased the importance of understanding the potential spillover effects brought about by financial interlinkages. This article focuses on such interlinkages within Europe and potential contagion channeled through these interlinkages. It discusses the...

This paper focuses on financial interlinkages within Europe and potential contagion channeled through these interlinkages. It discusses the increased role of external financing as a source of funding for credit growth; analyzes potential channels of contagion through financial linkages; and...

To track the sensitivity of regional growth to international flows, shift-share components can be decomposed into import, export, and domestic market segments and a productivity component. By merging data on regional employment, national employment and output, and international trade, dynamic...

In this note, I address two frontiers where we, as regional scientists, can raise the visibility and impact of regional science and enlarge the community of scholars in our fold. The first is the resurgence of regionalism as a phenomenon and policy arena. My argument here is that many...

With accelerated world market integration, cities compete with each other cities as sites of production and consumption, targeting firms and households as semi-autonomous location decision-makers. Distinction may be sought in productive structure, consumption and identity. In this paper,...

Over the past two decades, urban and regional policy-makers have increasingly looked to the arts and culture as an economic panacea, especially for the older urban core. The arts' regional economic contribution is generally measured by totalling the revenue of larger arts organisations,...

This volume discusses frameworks for policies that can help offset the polarizing effects that may be generated by the asymmetrical distribution of the costs and benefits of integration into the global economy.

In this note, I address two frontiers where we, as regional scientists, can raise the visibility and impact of regional science and enlarge the community of scholars in our fold. The first is the resurgence of regionalism as a phenomenon and policy arena. My argument here is that many...

Export base theory, which posits that overall regional growth is a function of external sales of locally produced goods and services, dominates economic development practice. But the consumption base can also serve as a growth driver, especially in small towns and rural areas. Local investments...