For the past 40 years, the most dynamic economies in the world were China and India. From approx. 5% of US GDP level, China grows to 26% and India to 11% of current US levels. The ratio of foreign trade to GDP is similar for both countries as well as capital flows to GDP. So why did China...

The labour endowment and utilization across sub-national regions differ by educational attainment. Generally, the high-income developed regions are richly endowed with the highly educated that enjoys greater employment stability. The reverse may be true for the lower-income developing regions....

Population changes are decisive for growth performances. This has been shown in a number of country studies, using time series data. The analysis is here extended in two dimensions: 1) the importance of demographics for growth is taking in to account a regional dimension allowing for spatial...

A higher level and continuous education throughout entire life (necessary for adapting to the changes in the labor market) and a better health offer greater chances of sustained economic and social development. Also, a higher education level contributes to decrease the disparities between...