Danish rural areas comprise 15% of the population and the bulk of agricultural production. Compared with urban areas, rural areas have generally been lacking a little behind in terms of employment, population and income levels in recent decades. However, seen in a European perspective, the...

There are mainly two types of theories explaining banking crisis, emanating from the monetarist school respectively institutional economics. Using an allegory, monetarists are discussing how much water in terms of liquidity that is needed to stop a fire escalating into a disaster, while...

This Selected Issues paper elaborates findings and discussions of 2013 Cluster Consultation Nordic Regional report. The countries have close economic and financial ties and face some common challenges and shared risks, such as large banking sectors and high household debt. The economic...

The European welfare regimes face two sets of challenges. One internal, specific for the welfare state itself, and the other external, imposed by changing economic, political and economics conditions. The first challenge lies in the growing gap between the rigid welfare state design and flexible...

Economic activity has an impact on the environment, but the potential degree of this impact will depend on several factors which are mainly determined by the technology used. This paper analyses the potential environmental impact the economies of the Baltic Sea Region have on their respective...