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Centralism vs Federalism: implications for regional diversification

Bruhl, M.

Centralism vs Federalism: implications for regional diversification - 1994 - Journal of Property Valuation and Investment 12(1) 1994, 59-73(15) .

Discusses portfolio theory and property investment to provide a framework for the study, then examines centralism and federalism and their implications for regional diversification in the context of economic and political developments in Europe. Finally the authors present some preliminary exporatory analysis of differential regional performance in Germany and France.

Subjects--Topical Terms:
FRANCE
GERMANY
INSTITUTIONAL INVESTMENT
PORTFOLIO THEORY
PROPERTY INVESTMENT

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