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 Keynesians 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.
1. Introduction 2. The Changing Context 3. Some Economic Debate 4. Neo-classical and Keynesian Theories of Regional Growth. 5. Neo-classical and Keynesian Theories of Regional Growth in the Light of Experience 6. Searching For A New Way 7. Taking the Supply Side Seriously 8. The Location Needs of Modern Firms 9. Local Initiative.
The books in this set, originally published between 1968 and 1992 introduce the reader to the many lines of thought in the literature on economic geography and tie these various aspects together within the concept of the economy. As well as providing a comprehensive overview of the Western European economy since the Second World War, and including specific studies and assessments of the Dutch and Italian economies, these volumes examine the economic factors that have shaped cities and patterns of urbanization.