The New Industrial Geography: Regions, Regulation and Institutions

1st Edition

Trevor Barnes, Meric S Gertler

Routledge
Published November 11, 2011
Reference - 348 Pages
ISBN 9780415513753 - CAT# Y134599
Series: Routledge Studies in the Modern World Economy

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Summary

Drawing on the theoretical resources of institutional economics, The New Industrial Geography opens new perspectives in economic geography. In its focus on historical and geographical context, institutional embeddedness, and tacit rules and formal regulations, institutional economics is shown to be the perfect basis for understanding the profound economic and geographical changes of the last two decades, and on which also to build a new kind of industrial geography. Issues covered include: the retheorization of the geography of industrial districts; the analysis of institutional 'thickness', and the economic-geographical effects of institutional rigidity and sclerosis; the economic-geographical consequences of new regulatory bodies and policies; and the geographically situated character of institutions and regulatory frameworks, and the effects of separating them from their originating context; the development of new strategies for achieving more equitable forms of regional development.

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