Behind the mystery of economic growth stands another mystery: why do some places fare better than others? Casual evidence shows that sizable differences exist at very different spatial scales (countries, regions and cities). This book aims to discuss the main economic reasons for the existence of peaks and troughs in the spatial distribution of wealth and people, with a special emphasis on the role of large cities and regional agglomerations in the process of economic development.
'Jean-Claude Prager and Jacques-François Thisse take insights from new economic geography to illuminate the determinants of regional growth and examine the effectiveness of policies used in the pursuit of economic development. Theirs is a well-written and thought-provoking book that, simply put, probes into why some regions are more developed than others (both within and across nations). [… This book] could be of great interest to regional policymakers — especially those who believe that simple solutions exist to complex economic development problems — and students in urban and regional economics. The book does not use mathematical equations or graphs, but the authors are rigorous in the presentation of relevant examples and literature to support their main ideas about economic development. The book could be used as an effective secondary text in a graduate class that covers more technical aspects of new economic geography in journal articles or in a primary text that is more mathematics intensive.' — Journal of Regional Science, February 2013
1. The World is Anything but Flat 2. Economic Geography: Facts and Theories 3. The Long-term Growth of Regions: What We Know and What We Don’t 4. From Economic Theory to Policy 5. Everything is in the Execution