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Chinas Fiscal System: A Work in Progress

The authors argue in this paper that unless China begins to tackle more systematically the serious problems that have emerged in the finances of its various levels of sub-national government the problems to which the present unsatisfactory system give rise will over time increasingly distort resource allocation, increase distributional tensions, and slow down the impressive recent growth of the Chinese economy.

Can a Cartel Fuel the Engine of Economic Development? OPEC and the Macroeconomics of Oil

According to the authors, OPEC’s stated mission is to promote the economic development and growth of its member states while minimizing volatility in the oil markets. But after a promising beginning many member states’ economies have declined rather than prospered—a clear indication of OPEC’s failure to meet their development goals. Thus, the authors ask if a
resource cartel can achieve the joint goals of development and resource market stability.

Anatomy of Growth and Decline: High-tech Industries Through the Boom and bust Years, 1997-2003

This paper tracks the growth and decline of information and communications technology (ICT) industries that were synonymous with the so-called new economy boom of the late-1990s and its subsequent bust period in the early 2000s. The analysis focuses on the question of whether the ICT bust has been accompanied by a structural shift illustrated by less firm turnover. It shows that to date there is little evidence of a structural shift. Entry rates of new establishments within the ICT sector were above those of other sectors within the economy during both the ICT boom and bust.

Understanding Urban Networks Through Accessibility

The question to be investigated in the paper is how to characterize urban networks, taking both place-bound activities and (quality of) transport networks into account. The paper illustrates different components of the urban network for the northern part of the Randstad Holland conurbation (the greater Amsterdam area) by means of different accessibility measures.

Geographical Scale and the Role of Firm Migration in Spatial Economic Dynamics

This paper focusses on the role of relocation in the balancing equation of spatial economic dynamics: Total Change(zone i) = New firms(i)-Closures(i)+ Growth(i)-Decline(i)+ Inmoves(i)-Outmoves(i). The data are from the longitudinal business register of the province of Gelderland, in the east of the Netherlands, covering the period 1988-2002.