Agglomerationen technologieintensiver Aktivitäten prägen nicht nur hochentwickelte Industriestaaten, sondern wachsen auch in Newly Industrialized Countries. Doch stellt sich angesichts ihrer anderen Bedingungen der technologiebasierten Industrialisierung die Frage: Inwieweit können sie...

1. Introduction / Robert Taylor -- Part I: overall overview -- 2. Emerging Asian economies and MNC strategies: a review of the literature / Bernadette Andreosso-O'Callaghan -- 3. Regional production networks in Asia - a focus on china, japan and korea / Françoise Nicolas -- 4. Selected Asian...

Global financial integration has been associated with divergent patterns of real convergence and the current account in emerging markets. While countries in emerging Asia have been running sizeable current account surpluses, countries in emerging Europe have been facing large current account...

This paper reviews financial stability challenges in the EU candidate countries Croatia, Turkey and the former Yugoslav Republic of Macedonia. It examines the fi nancial sectors in these three economies, which, while at very different stages of development and embedded in quite diverse economic...

With its dilatory and piecemeal fiscal activism and uncharacteristic reluctance toward IMF assistance, the Turkish government's response to the global economic crisis of 2008-2009 sharply contrasted the bold approaches adopted by other major emerging market countries. Underlying this policy...

The world is experiencing its worst recession in 80 years. What started as US sub-prime financial turmoil has developed into the first global recession since the infamous 'Great Depression' of the early 1930s. However gloomy the perspectives for the very short term are, there will be a recovery...

Türkei, Argentinien, Indonesien, Brasilien: Die Währungen vieler Schwellenländer befinden sich zunehmend unter Druck. Die Ursachen sind ähnlich: hohe Schulden, steigende Inflation und schwaches Wachstum. Es fällt den Ländern zunehmen schwer, internationales Kapital zu attrahieren. Stehen...