The policy brief synthesises key policy findings from Area 3. The over-riding goal is to foster the transition to a new growth path for Europe, with a dynamic manufacturing and services base, greater social inclusiveness, less unemployment and higher sustainability based on excellence in clean...

Introduction : the attributes of the crisis / David Bailey, Dan Coffey, Philip R. Tomlinson -- The workings of the Japanese economy / Donald W. Katzner -- The cause of Japan's recession and the lessons for the world / Richard A. Werner -- Transnational monopoly capitalism, the J-mode firm and...

1. The recession and beyond : local and regional responses to the downturn / David Bailey and Caroline Chapain -- 2. The spatial impacts of the recession / Naomi Clayton -- 3. The impact of the recession on businesses / Nigel Berkeley, David Jarvis and Jason Begley -- 4. The impacts of the...