While the role of telecommunication networks historically, and today broadband and the Internet, have been theoretically linked to economic growth, the empirical results have been mixed, giving rise again to the "productivity paradox." Many governments, particularly those in Southeast Asia, have...

The European Commission is trying to increase the EU's competitiveness by building on its assets, particularly its many ICT industrial clusters. The Commission is seeking to strengthen the role of European ICT poles of excellence (EIPEs). But where are EIPEs and what are their characteristics?...

This paper contributes to the ongoing debate about the welfare effect of public information. In an environment characterized by imperfect common knowledge and strategic complementarities, Morris and Shin (2002)argue that noisy public information may be detrimental to welfare because public...