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...

The importance of human capital as a key source of value added, innovation and economic growth is widely acknowledged by both economists and policy-makers. Local governments can directly affect individuals’ decision making by subsidising human capital formation. The ability of a regional...

We investigate the challenges that migration flows pose on policymaking aimed at fostering human capital accumulation in peripheral regions. We employ a unique data set generated through a postal survey designed and conducted by the authors. The focus of our analysis is on the micro-level...

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...

The delocation of firms is often viewed as a major outcome of a stiff 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...

Cohesion policy has developed from a minor concern to one of the most important pursuits of the European Union. It amounts to about 35% of the EU budget, making it the second largest budget item. A reform of the EU’s structural policies is now unavoidable because of i) the performance of...