L’économie mondiale est au bord d’un nouveau ralentissement majeur Comme annoncé dans le rapport de l’année dernière, l’économie mondiale s’est considérablement affaiblie en 2012. Un nombre croissant de pays développés sont retombés dans une récession à double creux,...

L’économie mondiale est au bord d’un nouveau ralentissement majeur Comme annoncé dans le rapport de l’année dernière, l’économie mondiale s’est considérablement affaiblie en 2012. Un nombre croissant de pays développés sont retombés dans une récession à double creux,...

The aim of this study is to describe public business services (PBSs) for early-stage small- and medium-sized enterprises (SMEs) in northern sparsely populated areas (NSPAs) of Northern Finland. These areas face challenges of globalisation, structural changes and demographic change. PBSs of these...

If one ranks cities by population, the rank of a city is inversely related to its size, a well-documented phenomenon known as Zipf's Law. Further, the growth rate of a city's population is uncorrelated with its size, another well-known characteristic known as Gibrat's Law. In this paper, I show...

KNOGG, an EU financed thematic network, studies the role ST&I policies play in driving economic growth in six small European economies. It aims to develop guidelines at the EU level for improving knowledge-based growth in small European economies. This report sets the stage of the project, and...

Indeed, it has been asserted that the most fundamental resource in the modern economy is knowledge while the most important process of economic development is learning. Therefore, e-commerce is an important contributor to the learning process which shapes economic performance. In fact, it...

This paper explores the features of a dynamic multisectoral model which focuses on the relationship between income distribution, growth and international specialization. The model is explored both for the steady-state properties and the transitory dynamics of integrated economies. Income...

Although empirical evidence available suggests that information and communication technologies (ICT) have positively contributed to important sectors of the Mexican economy, it is still unknown to which extent ICT have truly contributed to productivity among these sectors. The increasing...

This paper argues that foreign direct investment in economies with credit market imperfections may increase their vulnerability to capital flow shocks. Due to better access to financial markets foreign firms can use other wage contracts than domestic ones. This alters the domestic wage...

We employ a neoclassical growth model to assess the impact of financial liberalization in a developing country on capital owners` and workers` consumption and welfare. We find in a baseline calibration for an average non-OECD country that capitalists suffer a 42 percent reduction in permanent...