What exactly is spatial inequality? Why does it matter? And what should be the policy response to it? These questions have become important in recent years as the spatial dimensions of inequality have begun to attract considerable policy interest. In China, Russia, India, Mexico, and South Africa, as well as most other developing and transition economies, spatial and regional inequality - of economic activity, incomes, and social indicators - is on the increase.
Spatial inequality is a dimension of overall inequality, but it has added significance when spatial and regional divisions align...

Much recent research has been devoted to the consequences of the completion of the internal market in 1992. Existing estimates of the effects of market integration remain very preliminary, however, and many important issues have yet to be adequately addressed. These formed the subject of a conference on "The Impact of 1992 on European Trade and Industry" held by the Centre for Economic Policy Research. This book reports the proceedings of that conference. The contributors to the volume address such issues as the gains to be expected from both "internal" and "external" economies of scale...

Much recent research has been devoted to the consequences of the completion of the internal market in 1992. Existing estimates of the effects of market integration remain very preliminary, however, and many important issues have yet to be adequately addressed. These formed the subject of a conference on "The Impact of 1992 on European Trade and Industry" held by the Centre for Economic Policy Research. This book reports the proceedings of that conference. The contributors to the volume address such issues as the gains to be expected from both "internal" and "external" economies of scale...

This is a study of the nature and the policy implications of changes in the global economy in relationship to the process of regional integration, using the newest techniques of economic analysis. The principal message drawn from these analytical and policy insights is that in a world characterized by trade distortions and nonlinearities, regional integration may or may not foster global integration, and may or may not advance regional or global convergence. The key is good economic policy based on sound economic analysis.

Depending on one's point of view, multinational enterprises are either the heroes or the villains of the globalized economy. Governments compete fiercely for foreign direct investment by such companies, but complain when firms go global and move their activities elsewhere. Multinationals are seen by some as threats to national identities and wealth and are accused of riding roughshod over national laws and of exploiting cheap labor. However, the debate on these companies and foreign direct investment is rarely grounded on sound economic arguments.

This book brings clarity to the...

The objective of the Single European Act is to establish a European market without barriers, thereby enabling the free movement of goods, persons, services and capital. To achieve this end the European Commission has put forward some 300 directives to be implemented by 1 January 1993. The contributors to this volume offer a critical evaluation of the likely effects of these measures for Europe as a whole and for the UK economy, in particular.

The objective of the Single European Act is to establish a European market without barriers, thereby enabling the free movement of goods, persons, services and capital. To achieve this end the European Commission has put forward some 300 directives to be implemented by 1 January 1993. The contributors to this volume offer a critical evaluation of the likely effects of these measures for Europe as a whole and for the UK economy, in particular.

Cities in Sub-Saharan Africa are experiencing rapid population growth. Yet their economic growth has not kept pace. Why? One factor might be low capital investment, due in part to Africa's relative poverty: Other regions have reached similar stages of urbanization at higher per capita GDP. This study, however, identifies a deeper reason: African cities are closed to the world. Compared with other developing cities, cities in Africa produce few goods and services for trade on regional and international markets To grow economically as they are growing in size, Africa's cities must open their...