Korean small businesses have come a long way as sources of industrial power more important than heretofore credited. The nation's undemocratic dirigisme had largely slighted small businesses to the country's disadvantage. Although the government's policy bias against them started to change in...

This article examines Florida's Gulf Coast building code changes during the 1980s to determine how land market participants value building codes in high hazard areas, including those associated with the provision of federal flood insurance. The findings suggest either that market participants in...

Worried about being left behind in the Digital Age, a few hundred municipalities have chosen to construct and operate high-speed Internet networks. Above all else, it is the impacts on the labor market—i.e., the promise of “more jobs”—that form the policy justification for these...

Economic policy is generally directed to achieve particular objectives which include targets for inflation, desirable unemployment levels, economic growth pace, standard of living of citizens among others. An economic policy is a course of action that is intended to influence or control the...

Given the apparent lack of new jobs created for the region's unemployed aerospace workers, this survey was designed to investigate the progress and strategies of high technology firms confronting precipitously declining defense sales. Defense conversion programs that bring aerospace technologies...

The most salient fact about the South Bay economy is the importance of high technology manufacturing and services. The area's high technology sector is a tapestry of industries linked to space systems, aeronautical services, and aviation; its output includes research and development services as...

An analysis of California's construction industry found that 143,900 construction workers were employed in the informal economy in 2011. This was comprised of 104,100 construction workers who were not reported by their employers and 39,800 who were misclassified as independent...

There are at least three reasons why it has become important for Los Angeles to exert purposeful influence on its own economic trajectory: First, the population has grown steadily but the number of jobs in the formal economy, where employers comply with labor law, is still below the level of...

For many, Los Angeles evokes images of year-round sunshine and celebrity, a dream city of wealth and possibility. Yet in reality, half of L.A. residents living in poverty are employed, showing that low wages drive poverty as much as unemployment does. The benefits and consequences of raising Los...