There is no denying that the capital has penetrated too deep and far away in body and soul of the people, in their intelligence, psyche and imagination, in their core of 'vitality'; and while such 'vitality' has become the primary source of value in capitalism. In addition to this, the dramatic...

People's quality of life in specific places is affected by their territories' characteristics and local agents' actions and interactions, as well as their responses to external influences. Formal and informal institutions contribute to shape those actions, interactions and responses. Following...

The paper uses the consolidation of municipalities brought about by the Fascist dictatorship in Italy during the 1920s to gauge the role of the size of local jurisdictions for economic development. It finds that the consolidation was associated with relevant net welfare gains for the communities...

Policy makers at all levels of government believe that one of the key drivers of local economic growth is new businesses. Therefore, governments design policy with the intention of attracting businesses with the hopes that this will create future growth in struggling areas. Over the past few...

Creativity is a new paradigm of development, which connects society in its economic, culture, technological and social aspects at the macro and micro level. Creativity, knowledge and access to information are central points of this paradigm and are considered to be engines of economic growth in...

Territorial Cooperation (TC) has been possible because there is a trajectory of many years of work invested by the local actors, participants who have become the architects of TC through the city or region involved. Transcontinental cooperation as studied by the European Union TERCO project is...

In developing countries, the contribution of the growing amount of migrant remittances to development remains an unsettled issue. At the macroeconomic level remittances do represent an external flow way above official aid and often in line with FDI. Hence the widely shared optimistic view about...