The rise of global production networks gpns is perhaps the predominant organisational feature of the world economic system p. A new framework of land use efficiency for the coordination. It currently encompasses yearly time series for around 40 indicators of demography, economic accounts, labour market, social. Over its history, economic geographers have considered various key geographically specific endowments as drivers of territorial development. Regional competitiveness in a global economy professor michael e. Territory and territoriality in the global economy saskia sassen university of chicago and london school of economics abstract. Chinas growth and integration into the world economy. The recognized purpose of any development is social investment. Conventions, products, technologies and territories regional.
The key to global economic development approximately 60% of global oil reserves and 40% of the worlds natural gas reserves are in the middle east. Quite a number of theoretical ideas which appeal to many disciplines in the social sciences have been put forward which define the relationship between capital mobility and economic development. Territorial development in a global economy perspectives on economic change at. But they also harbour large pockets of unemployment and poverty and suffer from problems such as congestion, pollution and crime. This perspective also points to different modes of strategic coupling for understanding the changing pathways of regional development. Competitive cities in the global economy studies the 78 largest metroregions in the oecd, ranging from tokyo to auckland in part i. Regional and area economic overview the commercial real estate sector of the economy is influenced by factors that are global, national, and regional in nature. Economic growth will be unbalanced, but development can still be inclusivethat is the message of this years world development report, the thirtyfirst in the series. Japan depends on imports from the middle east for nearly 90% of its domestic oil consumption, which makes the peace and stability of this region a critical factor for japan. Even in a globalizing world, geography does not become less important. Urbanization is progressing rapidly, particularly in developing countries, and has been accompanied by. It is an essential primary or supplementary text for graduatelevel courses on economic, regional, or industrial development and policy and. Technology districts and international trade the world of the city.
Wp 022017 the eu regional competitiveness index 2016. This is part of a larger research project on governance and accountability in the global economy. The oecd regional database provides a unique set of comparable statistics and indicators on about 2 000 regions in 36 oecd countries, plus china, colombia, india, peru, the russian federation, south africa and tunisia. Issues and realities 41st isocarp congress 2005 3 examination of a number of physical, social, economic and environmental aspects of the building site and the neighboring sites. Wages, housing and amenity gaps across american cities 2012 tom kemeny and michael storper, journal of regional science 52,1. It addresses the accelerating degradation of the world s oceans and coastal areas by engaging neighbouring countries in comprehensive and specific actions to protect their common marine environment. C june 11, 2008 this presentation draws on ideas from professor portersarticles and books, in particular, the competitive advantage of nations the free. The rci builds on the approach of the global competitiveness index by the world economic forum. The set of possible development strategies has been radically altered by the restructuring of world markets. Major regional development strategies and policies e. Regional perspectives on economic development in a global world over the past three decades the process of globalisation has brought major changes in the forward economic landscapesince the 1980s, t. The mediterranean region is at the heart of major global and regional geopolitical turbulence.
The world bank operates today out of more than 140 countries worldwide. On the road to the 5th international conference of local and regional authorities for water world water council 15. In this introduction the editors showcase the papers by way of a structured project and seek to clarify the two key concepts cited in the title. Pdf territorial development in the global learning. Handbook of local and regional development 1st edition.
Club membership is determined by economy wide forces that define the overall ladder of possibilities, interacting with a variety of regional characteristics that determine the role of regions. Territorial development in a global economy perspectives on economic change. Global legal pluralism and european union law, european law journal, special issue on law and globalisation, 54, 334374. A more transversal approach, taking into account the various levels of interventions supranational global, continental, regional, crossborder, national and subnational countrys regions and local, urban.
Too often, development approaches adopt a specific thematic or sectoral focus. Development and the political economy of foreign aid, independent institute. Regional and area economic overview developments in the. A thoughtprovoking and timely work, the regional world carries resounding implications for educators, students, and policymakers in economic geography, economic sociology, and international business. In the early days of the subdiscipline, the economy was dominated by. The territorial dynamics of innovation in china and india. Several key issues for regional policy and practice are outlined to substantiate this call for a shift towards a dynamic and multi.
The history, psychology and pedagogy of geographic. This then, restricts even further the prospects of using the world s accrued technical, capital and human resources for the establishment of a viable. This model of economic development, combined with export orientation. It covers a wide range of issues including innovation, governance, transport and digital infrastructure, and.
This pioneering volume proposes a compelling new theory of how regions have sustained their economic viability in the era of multinational. Global the samoa pathway to promote and support national, sub regional and regional efforts to assess, conserve, protect, manage and sustainably use the oceans, seas and their resources by supporting research and the implementation of strategies on coastal zone management and ecosystembased management. Jun 16, 2019 capital mobility has been an integral part of the global process of economic development. The modern world is facing multiple challenges, such as violent conflicts, wars, terrorism, climate change, new forms of security threats such as cyberattacks and manipulation of public opinion, the increasing gap between rich and poor, etc. Competitive cities in the global economy urban areas represent an important part of the national economy and feature higher gdp per capita and productivity levels than their countrys average. The history, psychology and pedagogy of geographic literacy. Local and regional development in a global context 2 globalisation and regional development sean o riain 3 territorial competition ian gordon 4 local and regional development studies giles mohan section ii. A regional approach to planning and development issues requires strategies that nurture those systems that cross jurisdictional boundaries and connect rural and urban communities, such as water supply systems, food production and distribution. For growth to be rapid and shared, governments must promote economic integration, the pivotal concept, as this report argues, in the policy debates on urbanization, territorial development, and regional. But human progress is not an automatic consequence of economic growth. Another historical moment in the development or regional science is triggered by the emergence of economic phenomena with global impact, which affected the world level in the seventies the global crisis, the unprecedented urbanization, the emergence and intensity of.
Regional development in the knowledgebased economy. Nordic cooperation has firm traditions in politics, the economy, and culture. Pdf territorial development in the global learning economy. Competitiveness in the global economy has to be combined with sustainable local economies. Introduction globalization trends that increased after 1970s also increased the importance of local dynamics as the thrust of economic growth and regional development, and local approaches assumed paramount. It is a way of generating powerful insights into development and a distinctive perspective on policy. It is a small world after all, and that global world is a macworld with mtv, cnn, pcs and macintoshes. Global economy and development at brookings policy brief 201101. Working papers why regional development matters for europes.
Saskia sassen, author of territory, authority, rights. Oecd ilibrary competitive cities in the global economy. Regional disparities, social and economic development indicators, territorial development policies, turkey 1. We would like to thank the regiogis team, of the directorategeneral for regional and. Territorial development in the global learning economy. Territorial development in global economy two dimensions of economic specificity are at the centre of this books inquiry. Development of national statistics related to the ocean. But development can still be inclusive, even for people who start their lives distant from dense economic activity. Territorial development in a global economy as want to read.
We consider the history of the idea that knowledge is an economic factor, and discuss the question of whether regions provide the relevant system of reference for knowledgebased economic development. An increased presence in client countries is helping the bank to better understand, work more effectively with, and provide more timely services to our partners in those countries. What is the impact of economic globalization on the territorial jurisdic. Additionally, identifying a territorial approach to rural development offers the opportunity to link up issues related to rural poverty with other areas currently under debate and exposed to public intervention, such as local economic development, competitiveness. Cities of tomorrow challenges, visions, ways forward there are opportunities to turn the threats into positive challenges european cities follow different development trajectories and their diversity has to be exploited. Territories, flows, and hierarchies in the global economy the limits to globalization. It addresses the accelerating degradation of the worlds oceans and coastal areas by engaging neighbouring countries in comprehensive and specific actions to protect their common marine environment. A handbook of local and regional development andy pike, andres rodriguezpose and john tomaney section i. Territorial development in a global economy perspectives on economic change the regional world. Issues and realities 41st isocarp congress 2005 2 with political and ideological issues. China now ranks as the sixth largest economy in the world at market exchange. This pioneering volume proposes a compelling new theory of how regions.
Regions as relations and conventions the resurgence of regional economies, 10 years later regional economies as relational assets evolution and territorial development the evolution of regional specificities crossing industrial divides in a region products, technologies and territories innovation as collective action. In doing so, they tend to abstract from the territorial dimension and localisation level of development. The key to global economic development approximately 60% of global oil reserves and 40% of the world s natural gas reserves are in the middle east. Part ii consists of proceedings from conferences and workshops on city competitiveness. Meanwhile, growth in the least developed countries ldcs is expected to rise modestly from an estimated 4. From medieval to global assemblages princeton university press 2006.
Regional perspectives on economic development in a global world. In order to understand the local conditions which affect the everchanging value of individual assets, the larger economic forces which drive those conditions must be considered. Indeed, chinas growth performance over the last two decades has been spectacular, with gdp growth averaging almost 8 percent. Regional disparities and territorial indicators in turkey. International conference on territorial development. Porter harvard business school the summit for american prosperity the brookings institution washington, d. With the nationstate and the corporation seen as the world s two competing economic and social units, the regional economy is often overlooked. Local growth in a global economy 240102 the clustering of firms to provide complementary webs of activity in the same sector can improve a regions competitiveness and boost jobs, according to oecd studies. World assembly of local and regional governments global taskforce.
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