Whilst demands for benefit cost analysis (BCA) to be applied to a wide variety of policy decisions are growing, there remains a degree of dissatisfaction amongst policy makers, non‐economist specialists and some economists with its use. Part of that dissatisfaction arises because of a degree...

As former communist countries have proceeded with market reforms, they have become more enmeshed in the international economy and their involvement in economic globalisation continues to grow. While economic theory suggests that this should bring several economic advantages to transitional...

Employing World Bank data, this article finds that the observed worldwide transition from industrial to service activity has an insignificant long‐term impact on global de‐materialization. Unlike earlier studies that focus on actual material flows for specific sectors, this study considers...