What economic mechanisms underlie the polarisation of the world economy into the ‘high wage’ industrialised countries, and the less developed ‘low wage’ countries? Should we expect the two groups to converge over time, or to diverge? What economic mechanisms come into play as LDCs...

This paper discusses the adjustment of large firms in France, in particular how they regionalized their production structures in the 1980s. Throughout the "Golden Age," large firms had geographically reorganized their activities: strategic planning remained in Paris, while the actual production...

This paper re-examines theories previously advanced to explain Lancashire’s slow adoption of ring spinning. New cost estimates show that although additional transport costs and technical complementarities between certain types of machine reduced ring adoption rates, these supply side...

We study the mechanics of transmission of fiscal shocks to labour markets. We characterize a set of robust implications following government consumption, investment and employment shocks in a RBC and a New- Keynesian model and use part of them to identify shocks in the data. In line with the...

Public–private partnerships in environmental policy should not simply be viewed in instrumental terms as means of providing environmental infrastructure and services, but also as sites where norms of environmental concern and political accountability are formulated and replicated. Deliberative...