Im Zuge der Krise hat sich Zypern vom südeuropäischen Erfolgsmodell zum Schuldenstaat entwickelt. Die Autoren analysieren, wie es dazu kommen konnte und welche Möglichkeiten Zypern bleiben, um den wirtschaftlichen Niedergang zu stoppen und auf einen Wachstumspfad zurückzukehren.

Innovations in information- and telecommunication technology render the proximity requirement between business partners obsolete and make business service outsourcing via cross-border trade more feasible. Although the (service-led) growth prospects have been widely discussed, evidence at the...

While previous studies highlight the importance of the manufacturing sector in the economy, we argue that rather backbone services play a key role for economic growth. We perform an Input-Output analysis to determine the linkages between backbone services and manufacturing in South Africa. We...

The Baltic economies were severely hit by the global financial crisis. Gross Domestic Product has contracted considerably. Naturally, it asked what went wrong with the "Baltic economic model". This paper surveys the programme of comprehensive economic reforms in the Baltic countries (the case of...

Few countries have reformed their economies as swiftly and decisively as Estonia in 1992-94. The economic reform program started during the Perestroika, and intensified in the first year of independence. Yet it was in 1992, amid the collapsing economy and under new political leadership, that the...

Cover page -- Halftitle page -- Title page -- Copyright page -- CONTENTS -- LIST OF FIGURES -- PREFACE -- ACKNOWLEDGMENTS -- 1 INTRODUCTION -- The planning machine -- Bound capitalism -- The four horsemen of capitalist decline -- 2 WHEN CAPITALISM BECAME MIDDLE-AGED -- The bridges to Maddison...