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Economic theories, be it (new) trade, (new) growth or (new) economic geography are far from being able to describe and explain regional concentration of sectors or sectoral specialisation of regions. Consequently, empirical work should shed more light on these developments in incumbent EU member states and Central and Easter Europe. Our analysis aims at providing a comprehensive overview over c...

Crisis intervention, as it has evolved over the last five decades, has clearly demonstrated its effectiveness as a tool to reduce human distress. Nevertheless, as with any effort to alter human behavior, there are risks associated with crisis intervention. One such risk is that of premature intervention. Premature intervention may not only waste valuable intervention resources, but may serve to...