By Giovanna Vertova
The method of globalization has had profound, frequently destabilizing, results on area, in any respect degrees (i.e. neighborhood, nearby, nationwide, international). This revealing e-book analyzes, either theoretically and empirically, the consequences of globalization over area. It considers, via a discussion between diverse paradigms, the ways that area has turn into extra very important within the international financial system. Globalization has been encouraged as a fashion of shrinking time and house for you to bring about a homogenized international industry; a tenet challenged in differing methods and with a number of ways through the entire participants to this quantity. best gurus from a variety of disciplines are represented among this striking record of participants, together with Eric Sheppard, Bj?rn Asheim, Richard Walker and Peter Swann. The chapters show persuasively the ongoing, or even expanding, function of house within the worldwide economic climate, and all through, the publication covers viewpoints from the fields of: overseas political economic climate fiscal geography local and native economics. This remarkable quantity, which incorporates a range of the easiest in modern scholarship, could be of curiosity to the foreign enviornment of academicians, coverage makers and execs in those or similar fields.
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Additional resources for Changing Economic Geography of Globalization Reinventing Space (Studies in Global Competition)
Following Marx, accumulation must rather be seen as an uneven process whereby: 1 the extraction of surplus value comes from a lengthening of the social working day beyond the point at which the living labour of wage workers reproduces the value represented in the wage bill; 2 technical progress is endogenously driven by the necessity to extract living labour from a potentially conflictual labour power; 3 capitalist competition is expressed not only by the ‘homogenising’ tendency among industries, resulting from the mobility of capital, which leads to an equalisation of the profit rate on the money capital advanced but also, and even more fundamentally, by the struggle among firms within industries for extra surplus value (and extra profits) that is the origin of an unending ‘differentiation’ and ‘stratification’ of units of production of different quality.
Dunning, J. (1997a) ‘The European internal market programme and inbound foreign direct investment—Part I’, Journal of Common Market Studies, 35:1–30. Dunning, J. (1997b) ‘The European internal market programme and inbound foreign direct investment—Part II’, Journal of Common Market Studies, 35:189–223. Fujita, M. and Krugman, P. (2004) ‘The new economic geography: past, present and future’, Papers in Regional Science, 83:139–64. Geyer, M. and Bright, C. (1995) ‘World history in a global age’, American Historical Review, 100:1034–60.
Endogenous technical change, the essential role of bank money and intra-capitalist conflicts at all levels prevent a vision of globalisation as a tendency towards homogenisation. Space and the end of Fordism The crisis of the so-called Golden Age capitalism broke out in the middle of the 1970s, although the causes of the exhaustion of the Fordist-Keynesian model are probably a decade older. Since the end of Bretton Woods, with the introduction of flexible exchange rates and the oil crisis contributing to stagflation, a long series of destabilising events have been put in motion, marking the transition to a different kind of capitalism.
Changing Economic Geography of Globalization Reinventing Space (Studies in Global Competition) by Giovanna Vertova