Riccardo Crescenzi

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    The financial crisis affected EU regions and cities differently

The financial crisis affected EU regions and cities differently

What regional variations have there been in the recovery from the financial crisis across Europe? In a recent study, we have mapped the impact of the crisis across 27 EU member states using key regional performance indicators. In doing so we explore the potential links between post-crisis economic performance, and pre-crisis economic factors that may have exacerbated or mitigated […]

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    The presence of foreign multinationals in the UK boosts innovation by domestic firms

The presence of foreign multinationals in the UK boosts innovation by domestic firms

The importance of Multinational Enterprises (MNEs) and Foreign Direct Investment (FDI) in the global economy has become increasingly apparent over time, framing the debate about their impact on the recipient economies. Countries fiercely compete to attract MNEs in light of the expected benefits that may stem from their presence and operations, despite the lack of consensus in the academic literature […]