This unique and fascinating book illustrates that the ‘credit crunch’ and the ensuing financial and economic crisis of 2007–2009 did not only strike hard at the economy in the Western world, but also at its policymakers, at economics as a scientific discipline and, more...

This article is an original contribution to the understanding of the relationship between fiscal decentralization and public expenditure composition. Relying on recent panel cointegration techniques, our findings show that the level of decentralization influences the expenditure composition of...

Diasporans can contribute to the development of their home countries by investing their capital in existing businesses and/or setting up new ventures in their countries-of-origin. This paper analyzes whether these growingly important investors differ from domestic firms and foreign investors in...

<em>Evaluation of Socio-economic Effectiveness of the Contratti di Programma: Getrag Case-study</em> - Objectives Aim of this paper is to analyze the effectiveness of the Contratto di Programma whose beneficiary was the German multinational Getrag GMBH. Methods and Results The method proposed in the...

The delocation of firms is often viewed as a major outcome of rigorous environmental policy. In this paper, we study the impact of a strict anti-pollution policy pursued by a government on domestic firms locational decisions and determine the main variables that interact with such a policy. Some...

Increasing globalization, if properly exploited, can provide interesting opportunities for regional economies. Nevertheless, when they are not managed with a far-sighted approach, regions, and particularly those at an intermediate level of development, can lose their comparative advantages...

This paper investigates the determinants of backward linkages of foreign manufacturing firms in 19 Sub-Saharan African countries. We shed light on the micro and macro level factors which contribute to a higher degree of interactions between foreign subsidiaries and local firms. Our results...

This paper analyses the Apulian mechatronics district, and in particular recent developments during the global economic crisis that began in 2008, as well as the role played by public policies in favouring the birth and endurance of the local production system. Although it is going through a...