The Shared Space: The Two Circuits of the Urban Economy in Underdeveloped Countries, 1st Edition (Paperback) book cover

The Shared Space

The Two Circuits of the Urban Economy in Underdeveloped Countries, 1st Edition

By Milton Santos


276 pages

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Originally published in 1979. In this forcefully argued book, Milton Santos shows that contemporary explanations of urbanization and spatial organization in underdeveloped countries are inadequate. This failure is attributable to their origins in theories elaborated to explain the development of advanced Western societies. Santos' work provides the basis for the new theory which is so badly needed. He describes the urban economy in these countries in terms of two circuits of activity – an upper circuit consisting of those enterprises and structures which are based on modern technology and are oriented towards the advanced capitalist world, and a lower circuit comprised of more traditional processes and forms of exchange. The dialectical interaction of these two circuits is seen to generate the patterns of growth, forms of State intervention and, above all, the spatial organization characteristic of Third World economies.

This was a revision and translation of L’Espace Partagé (1975).

Table of Contents

Preface Part 1 1. Introduction: Towards a New Paradigm 2. The Two Circuits of the Urban Economy: Evolution and Characteristics 3. The Colonial Urban Economy: Two Circuits? Part 2 4. The Upper Circuit 5. The State and the Upper Circuit Part 3 6. Third World Poverty and the Lower Circuit 7. The Nature of Lower Circuit Employment 8. The Financial Mechanisms of the Lower Circuit 9. Adaptability and Rationality in the Lower Circuit 10. Inter-circuit Relations and the Parameters of Growth Part 4 11. Monopoly, the State and Macrospatial Organization 12. The Shared Space 13. Conclusion

About the Series

Routledge Library Editions: Urban and Regional Economics

Reissuing works originally published between 1952 and 1991, this collection presents a wide-ranging set of excellent texts across economics, geography, urban studies, planning, politics and industrial studies. Addressing problems and policy, development and demographics, these books together form a wealth of research and debate. Some volumes address specific areas such as industrialization, housing, property, city-systems, de-centralization, employment or rural resources. Other volumes present case studies in Australia, Britain, underdeveloped countries, South Africa and the USA while some are fully international in representation. Given the recent economic shifts around the world, this timely collection is an incredibly useful resource.

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