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Behind the mystery of economic growth stands another mystery: why do some places fare better than others? Casual evidence shows that sizable differences exist at very different spatial scales (countries, regions and cities). This book aims to discuss the main economic reasons for the existence of peaks and troughs in the spatial distribution of wealth and people, with a special emphasis on the role of large cities and regional agglomerations in the process of economic development.
In Uneven Development, a classic in its field, Neil Smith offers the first full theory of uneven geographical development, entwining theories of space and nature with a critique of capitalism. Featuring groundbreaking analyses of the production of nature and the politics of scale, Smith's work anticipated many of the uneven contours that now mark neoliberal globalization. This third edition features an afterword examining the impact of Neil's argument in a contemporary context.
Today’s rapidly flowing global economy, hit by recession following the financial crisis of 2008/9, means the geographical economic perspective has never been more important. An Introduction to Economic Geography comprehensively guides you through the core issues and debates of this vibrant and exciting area, whilst also exploring the range of approaches and paradigms currently invigorating the wider discipline. Rigorous and accessible, the authors demystify and enliven a crucial subject for geographical study. Underpinned by the themes of globalisation, uneven development and place, the text explores the diversity and vitality of contemporary economic geography. It balances coverage of 'traditional' areas such as regional development and labour markets with insight into new and evolving topics like neoliberalism, consumption, creativity and alternative economic practices. An Introduction to Economic Geography is an essential textbook for undergraduate students taking courses in Economic Geography, Globalisation Studies and more broadly in Human Geography. It will also be of key interest to anyone in Planning, Business and Management Studies and Economics.
This paper addresses the complex relationship between geography and macroeconomic growth. We investigate the ways in which geography may matter directly for growth, controlling for economic policies and institutions, as well as the effects of geography on policy choices and institutions. We find that location and climate have large effects on income levels and income growth, through their effects on transport costs, disease burdens, and agricultural productivity, among other channels. Furthermore, geography seems to be a factor in the choice of economic policy itself. When we identify geographical regions that are not conducive to modern economic growth, we find that many of these regions have high population density and rapid population increase. This is especially true of populations that are located far from the coast, and thus that face large transport costs for international trade, as well as populations in tropical regions of high disease burden. Furthermore, much of the population increase in the next thirty years is likely to take place in these geographically disadvantaged regions.
Economic Geography is the most complete, up-to-date textbook available on the important new field of spatial economics. This book fills a gap by providing advanced undergraduate and graduate students with the latest research and methodologies in an accessible and comprehensive way. It is an indispensable reference for researchers in economic geography, regional and urban economics, international trade, and applied econometrics, and can serve as a resource for economists in government. Economic Geography presents advances in economic theory that explain why, despite the increasing mobility of commodities, ideas, and people, the diffusion of economic activity is very unequal and remains agglomerated in a limited number of spatial entities. The book complements theoretical analysis with detailed discussions of the empirics of the economics of agglomeration, offering a mix of theoretical and empirical research that gives a unique perspective on spatial disparities. It reveals how location continues to matter for trade and economic development, yet how economic integration is transforming the global economy into an economic space in which activities are performed within large metropolitan areas exchanging goods, skills, and information. Economic Geography examines the future implications of this evolution in the spatial economy and relates them to other major social and economic trends. Provides a complete introduction to economic geography Explains the latest theory and methodologies Covers the empirics of agglomeration, from spatial concentration measurement to structural estimations of economic geography models Includes history and background of the field Serves as a textbook for students and a resource for professionals
In the context of great economic turmoil and uncertainty, the emergent conflict between continued globalisation and growing economic nationalism means that a geographical economic perspective has never been so important. An Introduction to Economic Geography guides students through the key debates of this vibrant area, exploring the range of ideas and approaches that invigorate the wider discipline. This third edition includes new chapters on finance, cities and the digital economy, consumption and the environment. Underpinned by the themes of globalisation, uneven development and place, the text conveys the diversity of contemporary economic geography and explores the social and spatial effects of global economic restructuring. It combines a critical geographical perspective on the changing economic landscape with an appreciation of contemporary themes such as neoliberalism, financialisation, innovation and the growth of new technologies. An Introduction to Economic Geography is an essential textbook for undergraduate students taking courses in Economic Geography, Globalisation Studies and more broadly in Human Geography. It will also be of much interest to those in Planning, Business and Management Studies and Economics.
Studienarbeit aus dem Jahr 2005 im Fachbereich VWL - Fallstudien, Länderstudien, Note: 1,7, Universität Hamburg (Department Wirtschaftswissenschaften), Veranstaltung: Economic growth and development in China, Sprache: Deutsch, Abstract: The economic growth of China impresses the world; and some country fear about this, because firms displace there production from these countries to china. But China is only the last step in an array of development countries from East / Southeast Asian region. After the fast development of Japan after World War II, the so called tiger countries , South Korea, Hong Kong, Singapore, Taiwan, highlight from the 60s on with high rates of economic growth and later the second generation of tiger countries also (e.g. Malaysia, Indonesian and Thailand). And now China! A country of 9.5 Million square mile can’t growth on whole with the same rate. The effect is an increase in the disparity of regional incomes and still increase with the boost at the rates of economic growth. But what are the reasons for the regional differences in economic growth and the regional disparity. One reason could be the preferential policies in the eastern regions. These policies are specially prepared to attract foreign companies. A second reason, that is current discuss in the scientific world, could the geographical characteristics. The differences in the distance to the coast or navigable river, the climate or the slope could explain variable development. This paper wants to illuminate especially the second reason as a possible answer for unequal regional development and regional disparity, but policy and geography are often the same. So it is important to show the link between these possible reasons and the policies with regional impacts. There are different publications about the geographical implication on economic growth in china in the last years, based on different models. The intention is to compare these papers and highlight the differences. The first chapter handles the historical economic development of the last years in china and wants to show the actual situation. The development especially in policy terms, the change to a market-orientated economy, could already explain many disparities. The third chapter illuminate the regional inequality in China, there development, the theories of convergence and want to give a first answer for the different growth rates. Then we will look to the geography and their effects to Chinese growth rates and at least we make an outlook on future development base on polarization theory.
The world economy has undergone rapid evolution in recent decades, along with changes in the importance of industries and their organization, and sharp changes in the fortunes of regions. There are differences of opinion regarding the mainsprings of change and development and the role of goverments in fostering national output. In order to show the relvance of these changes to regional economies, the book focuses on the different schools of economic thought – from the neo-classical, through Keynesian to Marxist/radical ideas and monetarist/supply-side thinking – providing a brief description of their structure in non-spatial terms. The way these theories map into contrasting ideas regarding the mechanisms of regional economic growth is then explained. The book concentrates on developed economies and explicitly seeks to confront theory with fact, fact with theory. Bringing together non-spatial economic thery, regional growth theory and relevant empirical data, this book is intended for students in geography and regional economics but will also be of interest for those studying politics and government.
Regional Studies is inextricably intertwined with history. Cultural and institutional legacies inform choices between different policy options, meaning that the past plays a crucial role in how we think about regional economic development, planning and policy. Through a selection of accessible theoretical, methodological and empirical chapters, this book explores the connections between regional development and history. Drawing on the expertise of scholars in several disciplines, it links history to topics such as behavioural geography, interdependence, divergence and regional and urban policy. This innovative book will be of interest to researchers across regional studies, planning, economic geography and economic history.
Economic geographers have always argued that space is key to understanding the economy, that the processes of economic growth and development do not occur uniformly across geographic space, but rather differ in degree and form as between different nations, regions, cities and localities, with major implications for the geographies of wealth and welfare. This was true in the industrial phase of global capitalism, and is no less true in the contemporary era of post-industrial, knowledge-driven global capitalism. Indeed, the marked changes occurring in the structure and operation of the economy, in the sources of wealth creation, in the organisation of the firm, in the nature of work, in the boundaries between market and state, and in the regulation of the socio-economy, have stimulated an unprecedented wave of theoretical, conceptual and empirical enquiry by economic geographers. Even economists, who traditionally have viewed the economy in non-spatial terms, as existing on the head of the proverbial pin, are increasingly recognising the importance of space, place and location to understanding economic growth, technological innovation, competitiveness and globalisation. This collection of previously published work, though containing but a fraction of the huge explosion in research and publication that has occurred over the past two decades, seeks to convey a sense of this exciting phase in the intellectual development of the discipline and its importance in grasping the spatialities of contemporary economic life.