The need to construct an effective strategy for industrial development in low-income countries has been largely ignored by development economists because industrial policies have failed in many developing countries. This does not imply, however, that industrial development cannot be promoted....

I would like to address four interrelated topics, on which the central banking community has been known to pronounce: the one instrument, one-target story about money and inflation; the no-long-run tradeoff story that morphs into a no short-run tradeoff story; the problem of the exchange rate...

Im Mittelpunkt des Beitrages steht die Frage, inwieweit die identitätsorientierte Markenführung in der Versicherungsbranche Einzug erhalten hat und wie sie umgesetzt werden sollte. Nach kurzer theoretischer Darstellung des Versicherungsmarktes, der identitätsorientierten Markenführung und...

The global financial crisis which began with the subprime mortgage crisis and exploded in September 2008 with the collapse of Lehman Brothers bank, took much of the macroeconomic profession by surprise, even though there were ample early warning signs. Theorists failed to adequately consider the...

This paper discusses a number of avenues management scholars could follow to reduce the existing gap between scientific rigor and practical relevance without relativizing the importance of the first goal dimension. Such changes are necessary because many management studies do not fully exploit...