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"The book aims to present "traditional features" of regional science (as geographical concepts and institutions), as well as relatively new topics such as innovation and agglomeration economies. In particular it demonstrates that, contrary to what has been argued by recent economics literature, both geography and institutions (or culture) are relevant for local development. In fact, these phenomena, along with the movement of goods and workers, are among the main reasons for persisting development differentials. These intriguing relationships are at the heart of the analysis presented in this b."

"In the past there decade, average economic growth rate gor emerging markets have been fairly above that of world average and debt of emerging markets are lower than that of advances economic. Thus, this paper attempts to discuss the evolution of external debt to DGP ratio in emerging economics and how it may have impacted on economic growth. Althouht the relationship between external debt level and economic growth is unclear, some studies have suggested that on average, high levels of external debt to GDP ratio is associated with slow economic growth (Hendon et all, 2013). Our anaysis is based on data from six emerging economies that are Brazil, India, Indonesia, Mexico, Nigeria and Turkey from 1972 to 2012."

"Emerging markets and the global economy investigates analytical techniques suited to emerging market economies, which are typically prone to policy shocks. Despite the large body of emerging market finance literature, their underlying dynamics and interactions with other economies remain challenging and mysterious because standard financial models measure them imprecisely.Describing the linkages between emerging and developed markets, this collection systematically explores several crucial issues in asset valuation and risk management. Contributors present new theoretical constructions and empirical methods for handling cross-country volatility and sudden regime shifts. Usually attractive for investors because of the superior growth they can deliver, emerging markets can have a low correlation with developed markets. "