The forthcoming creation of a single European currency area will likely have farreaching impacts on the competitive position of European industries, as a result of a decline in transaction costs and currency risks for intra-European trade. These impacts will take place independent of the...

This paper takes for granted the structural urbanisation trend in our world. It argues that there is a global competition among world cities in different parts of our planet. It aims to map out the relative disparities among a preselected set of major global cities by offering a benchmark...