The southern European periphery suffered a severe setback in its catching-up process versus Western Europe after the financial crisis with GDP dropping by 10% between 2008 and 2012 and unemployment increasing to 20% for Greece, Portugal and Spain. We analyze first the reason for this setback,...

Philippine industrial policies such as those bearing on the manufacturing sector are a critical element of the country’s development strategy. Manufacturing creates opportunities for higher value-addition and extensive employment owing to forward and backward linkages with other sectors of the...