"Many of Europe's early industrialized regions face similar difficulties in finding a new engine to boost growth despite tremendous efforts by national governments. Some outstanding economists join forces here to understand how Scotland could improve regional growth. In doing so they provide an integrated and global view of the issues at stake in a way that is understandable to many readers, and bring to the fore neglected questions. "New Wealth for Old Nations" will lead not only decision makers but also scholars interested in local development to look at regions and growth in a new and more effective way."--Jacques Thisse, Center for Operations Research and Econometrics, Universite catholique de Louvai

"This book, dedicated to analyzing new approaches to growth in small economies, with a particular focus on Scotland, is replete with interesting, stimulating, and insightful chapters. Each chapter is not only technically competent but is written in a lively and compelling manner. Each addresses economic growth from a broad spectrum of perspectives, spanning enterprise and innovation, to the mobility of skilled labor, to demographics and the governance of public services. The introduction provides an excellent context."--David B. Audretsch, Director, Entrepreneurship, Growth, and Public Policy Group, Max Planck Institute

"The exceptional quality of the contributors and the skills of the editors combine with well-balanced and comprehensive coverage and with first-rate writing to make this book a compelling read."--Barry Eichengreen, University of California, Berkeley