The main challenges the European Single Market is facing in the 21st century result from the enlargement to Central and Eastern Europe, the EMU, and the globalization of trade and investment that has aided the rise of competitive emerging markets. This state-of-the-art book provides fresh...

1. Introduction -- 2. Networks and industrial districts -- 3. Globalization, internationalization strategy and industrial districts -- 4. The textile-clothing industry in Europe : characterization and recent evolution -- 5. Methodology of analysis : an application to the Valencia...

This book extends Thirlwall's model and adapts its implications to the current problems facing developed and emerging economies. In this context, this book combines theoretical models and empirical applications, unveiling new results and highlighting the importance of the balance of payments as...