High instability and low growth characterize the macroeconomic performance of most developing countries. Inadequate policies are often to blame. This paper documents the empirical regularities that characterize the relationship between macroeconomic-financial policies, instability, and growth...

This research paper provides a solid historical overview of European industrial policy during the post-WWII era, extending the time horizon up to the 1990s. Our research focus is the EU 15. Unlike previous publications, this paper outlines the most important characteristics and drivers of...

This study investigates the political economy of industrialization in Ethiopia. It discusses the economic and political institutions during three political regimes and assesses the industrial sector's performance across these different regimes. Further, it evaluates the different industrial...

Warum steigt ein Land zur Wirtschaftsmacht auf? Sind Freihandel und Globalisierung Allheilmittel? Was ist die Ursache für die europäische Währungskrise? Bei seiner Reise durch die Wirtschaftsgeschichte von den mächtigen Stadtstaaten der Renaissance bis zum aktuellen Aufstieg Chinas und...