Health care reform in the industrialized countries, enacted during the last two decades, is entering a new phase of consolidation and further development, now extending to the less developed countries. This marks a significant element of the more general phenomenon commonly referred to as...

<Para ID="Par1">The global Information and Communications Technologies industry has experienced a rapid, radical reorganization of industry leaders and business models—most recently in mobile. New players Apple and Google abruptly redefined the industry, bringing a wave of commoditization to carriers and...</para>

<Para ID="Par1">Global value chains, GVCs, have had a transformative impact on the world economy since the early 1990s. We study 45 specific GVCs with company-confidential invoice-level data. We find that the case companies’ headquartering functions capture a large share of the overall value added, 27 % on...</para>

The Article applies the NWW-approach to the economic history of post-war Germany. The approach suggests it was only after the Second World War that Germany arrived at the most advanced institutional structure that does not any longer restrict access to economic and political resources. Though...

<Para ID="Par1">This paper argues that an evolutionary approach to policy-making, which emphasizes openness to change and political variety, is particularly compatible with the central tenets of classical liberalism. The chief reasons are that classical liberalism acknowledges the ubiquity of uncertainty, as...</para>

<Para ID="Par1">The debate on populism has recently been revitalized by the rise of new political actors, especially in Latin America and Europe. Despite the renewed interest, the concept of populism remains vague, complicating any empirical investigation on its political and economic outcomes. Still, all...</para>

<Para ID="Par1">Modern macroeconomics has failed in the analysis of both the US banking and the euro crises, respectively, and there is also a rather inadequate view on a range of relevant policy issues. The approach presented herein looks at the reasons for analytical failure and suggests means of improvement...</para>

This paper is one of the first studies to examine the link between infrastructure and entrepreneurship. Because infrastructure can enhance connectivity and linkages that facilitate the recognition of entrepreneurial opportunities and the ability of entrepreneurs to actualize those opportunities,...