The contribution will consist of two parts. The first part will demonstrate the contrast between the great and increasing importance of geographic factors for economic development and the small and decreasing attention mainstream economic theory paid to spatial aspects until recently. It thereby...

The current sovereign debt crisis is widely believed to have been caused by insufficient budget discipline. However, the financial sector accounts reveal that public as well as private borrowing in the euro area was dwarfed by the synchronised explosion of assets and liabilities of financial...

Over the years, the Austrian Institute of Economic Research has been called upon to respond to a constantly changing brief. After 1980, the economic policy system had to be adapted to a newly opened macroeconomy and the liberalisation of international capital markets. The rising complexity of...

The quasi-global sovereign debt crisis is currently the focus of the political debate and of media attention. The origins of the crisis have long been considered too narrowly, with often one-dimensional solutions being proposed. A somewhat more comprehensive approach was first adopted at the EU...

Umfragen zeigen, dass die Österreicher mit ihrem Leben relativ wenig zufrieden sind: Nur Portugiesen, Italiener, Griechen, Spanier und Franzosen fühlten sich in der letzten europaweiten (jetzt veröffentlichten) Umfrage im Frühsommer unzufriedener. Besonders hoch – und zwar weit mehr als...