Globalization has substantially increased the flow of private capital available to emerging markets compared with official flows from multilateral institutions. Countries that pursue sound polices will attract large capital inflows, but those that do not will suffer net capital outflows. This...

What do we know about a knowledge based society, innovation processes, economic and social cohesion and their effects on long-run growth? What policy implications and recommendations can be drawn from the past experience? This workshop will bring together researchers and policy makers with the...