Among other areas such as housing and urban renewal, economic development was seen as a key factor in the recovery in Leipzig. The City Department of Economic Development and the Economic Initiative Mitteldeutschland, a lobby group representing large regional employers, designed a cluster...

Europe is a continent of cities with a remarkable history of cultural inspiration, wealth creation, social andpolitical dynamism. But in the late-20th century, many former industrial cities entered a period of steep decline,losing most of their manufacturing jobs and many of their economic...

This paper develops a simple model to analyze how a lack of politi-cal competition may lead to policies that hinder economic growth. Wetest the predictions of the model on panel data for the US states. Inthese data, we …nd robust evidence that lack of political competitionin a state is...

Types of capital which determine the ability of individuals, ofcommunities and of nations to avoid poverty and social exclusion areanalysed. This analysis draws on changing explanations of economicgrowth and the recent literature on social capital. Five forms of capitalare distinguished –...