The authors stress how the rise of China and India has changed the world economy, moving it towards disequilibrium. Several alternative economic policies are tested to seek a way towards a high growth in any continent associated with long-run real and financial equilibrium

The increasing openness of economies and the phenomenon of globalization has led to know-how and innovation becoming the key factors for business in terms of competitiveness. Thus, the fact that the activities and services are increasingly innovative means that the construction of innovation is...