Small firm clusters have come to occupy a significant space in the discussions on industrialisation strategies, especially in the context of less-developed regions. This paper reviews a select set of literature on European, East Asian and Indian clusters with a comparative perspective. The...

Staff Discussion Notes showcase the latest policy-related analysis and research being developed by individual IMF staff and are published to elicit comment and to further debate. These papers are generally brief and written in nontechnical language, and so are aimed at a broad audience...

This book explores the diverse challenges facing the EU and in particular examines the impediments to financial stability and sustainable growth and how these can be overcome. Among the topics explored are the extent to which monetary union has favored real convergence, competitive imbalances in...

1. Post-Crisis Growth: Prospects in the European Union -- 2. Convergence Is Alive and Well in Europe -- 3. Unconventional Monetary Policy in the United States and Europe -- 4. Time to Tidy up EU Competition on Information Exchange Object Restriction Concerted Practices? -- 5. European Union...