Approaching the issue of mounting global imbalances from the perspective of the "Bretton Woods II hypothesis," this paper argues that the popular preoccupation with China's supposed export-led development strategy is misplaced. It also suggests, similar to Japan's depression, subdued growth in...

This paper compares relative unit labor cost developments in the countries of the euro area since the beginning of the European Monetary Union (EMU) both with historical developments and with intraregional developments in the United States and Germany. Unit labor cost indices for the U.S. states...

Regional labor market discrepancies have been widening in Belgium in the last two decades and are more evident within particular demographic groups. These developments can largely be accounted for by worse matching of people to jobs in the high-unemployment provinces. Using a structural VAR, it...

Public affairs and administration is a young discipline that has experienced considerable growth in a short time. Once viewed as a sub-field of political science, the discipline now embraces most of the social sciences and has established a distinct identity in academia. In this paper, the...

Public affairs and administration is a young discipline that has experienced considerable growth in a short time. Once viewed as a sub-field of political science, the discipline now embraces most of the social sciences and has established a distinct identity in academia. In this paper, the...

The applications of policies in Latin America contributed to macroeconomic stability but failed to redistribute income or dampen regional asymmetries within each country. Neither could maintain a employment growth, in Argentina case was a decline in employment level. This research began in...