This article proposes and develops a concept - investability - that can be used for analysing the competitive position of cities or regions, and formulating policy responses. It can be defined as conditions that are conducive to a higher level of investment and refers principally to the business...

The ECOFIN Council decision of November 2003 that noted the existence of ‘excessive deficits’ in France and Germany but did not impose sanctions on these two governments was widely interpreted as sounding the death-knell for the Stability and Growth Pact. A ruling by the European...

There are differing views about the need for economic policy coordination in the EU and about the adequacy of the system that has evolved under EMU. This article examines the case for such policy coordination, then describes and assesses the current arrangements for both ‘hard’...

Employment in the high technology sectors is unevenly distributed across Great Britain, with the south of the country having a higher share of such activity than the north. New Towns appear to have been more successful than other urban areas in attracting high technology, and this continued to...

This study is concerned with the future financing of the EU budget, including possible budgetary correction mechanisms, and is intended to feed into the budget review. The revenue side of the EU budget comprises several elements, all of which need to be assessed in appraising the functioning of...