The findings of recent studies on adjustment processes suggest that regional labour markets in the EU and the US differ significantly. Low wage flexibility and limited labour mobility in European countries involve persistent unemployment differentials across regions. However, the spatial...

Replaced with revised version of paper 02/08/07.

Market failure results in more human conversion of ecosystems for development and other uses than likely socially desirable. In response, many government agencies and nonprofits focus on conservation, often acquiring land rights to establish protected areas on which further conversion of...

The findings of recent studies on adjustment processes suggest that regional labour markets in the EU and the US differ significantly. Low wage flexibility and limited labour mobility in European countries involve persistent unemployment differentials across regions. However, the spatial...

Replaced with revised version of paper 07/26/07.

This article aims at presenting different approaches to the phenomenon of social capital. The concept of social capital is ambiguous and that is why we will highlight a number of definitions of this notion. The central attention of the paper focuses on the relationship between social capital and...