Traditionally, economic growth and business cycles have been treated independently. However, the dependence of GDP levels on its history of shocks, what economists refer to as 'hysteresis,' argues for unifying the analysis of growth and cycles. In this paper, we review the recent empirical and...

Creative industries and the creative economy are relatively new fields in terms of study and analysis. Understanding of their relationship to international development is even more embryonic. Using a cross-disciplinary approach, this paper attempts to summarise some of the key areas of thought,...