What has happened to the economy in Styria over the past two decades could be described as a case history of regional recovery. If we limit ourselves to employment, we find the following overall situation: A massive crisis in the primary industry (first oil price shock of 1975) and the expiry of...

What has happened to the economy in Styria over the past two decades could be described as a case history of regional rehabilitation. Looking at employment only, we find a restructurization process drawn out over more than 30 years, at the temporary end of which there are more new jobs created...