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Full-Text Articles in Economic Policy

Industry Clusters And Economic Development: A Learning Resource, Edward J. Feser Sep 2004

Industry Clusters And Economic Development: A Learning Resource, Edward J. Feser

Edward J Feser

One of the most widely discussed issues in community and economic development today is the role of industry clusters as engines of regional growth and development. Many communities are undertaking cluster studies or initiating cluster planning exercises as a way to organize development strategies to promote key local economic strengths or to shore up identified weaknesses. A large consulting industry has emerged to serve governments’ interest in clusters and the research literature on the topic is growing rapidly. At the same time, some analysts have likened clusters to another economic development fad that will eventually be supplanted by the next …


The Economic Challenges For The New Chinese Leadership, Yue Ma, Ping Wang Jan 2004

The Economic Challenges For The New Chinese Leadership, Yue Ma, Ping Wang

CAPS Working Paper Series

"The Impact of China's Accession to the WTO" 中國入世後的初步分析

This paper will first review the early concerns about China's entry to the WTO. Then we will evaluate the preliminary impact of the WTO membership on the Chinese economy, which turned out to be better than expected. We also discuss the current international debate on the Chinese currency renminbi revaluation and suggest that a gradual improvement of the current Chinese rigid exchange rate system will be inevitable.

Finally we will explore the potential problems and challenges to both economies of mainland China and Hong Kong in the future. We argue that …


The Impact Of Innovation On Jobs, Skills And Wages, Mario Pianta Dec 2003

The Impact Of Innovation On Jobs, Skills And Wages, Mario Pianta

Mario Pianta

Unemployment, skill polarisation and growing wage inequality are major problems in advanced countries. Technological change - in particular the emergence of Information and Communication Technologies (ICTs) - has often been called into question as a factor in such labour market developments. This article investigates the impact innovation has on jobs, skills and wages, discussing the concepts for analysis, reviewing the evidence of major studies and providing recent empirical evidence for European countries.


Small Businesses In The Informal Economy: The Evidence Base, Colin C. Williams Dec 2003

Small Businesses In The Informal Economy: The Evidence Base, Colin C. Williams

Colin C Williams

No abstract provided.


Small Businesses In The Informal Economy, Colin C. Williams Dec 2003

Small Businesses In The Informal Economy, Colin C. Williams

Colin C Williams

No abstract provided.