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Books > Earth & environment > Geography > Human geography > Economic geography
The chapters in this volume represent the latest thinking on the development and exploration of unconventional energy resources in the U.S., Canada, Australia, Europe, Russia, Asia Pacific, Middle East, Latin America, and Africa and shed light on its potential and future prospects in these respective regions. The diversity of thinking about the "shale revolution" is also evident in our case studies. Throughout many countries in Europe for example, there is a strong preference for investment in renewable sources of energy over the fossil fuels. In addition to environmental concerns, the falling price of renewables, have also made them more attractive financially. Consequently, global investment in renewables is outpacing that of fossil fuel two to one. Watching this trend, in 2017, the Chinese government has pledged to invest $360 billion on renewable energy. This would make China the largest investor in development of renewables in the world. Other obstacles to development of shale oil and gas in other parts of the world include, lack of adequate shale resources (Africa), the abundance of conventional energy resources (Middle East and North Africa), high cost of production (Russia, China, Japan) and political opposition to hydraulic fracturing (France and Poland). Despite these sentiments the economic imperatives (providing employment) also play a significant role in determining the future prospects for unconventional energy resources globally.
How does public transport work in an African city under neoliberalism? Who owns what in it? Who has the power to influence its shape and changes in it over time? What does it mean to be a precarious and informal worker in the private minibuses that provide public transport in Dar es Salaam? These are the main questions that inform this in-depth case study of Dar es Salaam's public transport system over more than forty years. The growth of cities and informal economies are two central manifestations of globalization in the developing world. Taken for a Ride addresses both, drawing on long-term fieldwork in Dar es Salaam (Tanzania) and charting its public transport system's journey from public to private provision. This new addition to the Critical Frontiers of Theory, Research and Practice in International Development Studies series investigates this shift alongside the increasing deregulation of the sector and the resulting chaotic modality of public transport. It reviews state attempts to regain control over public transport and documents how informal wage relations prevailed in the sector. The changing political attitude of workers towards employers and the state is investigated: from an initial incapacity to respond to exploitation, to the political organisation and unionisation which won workers concessions on labour rights. A longitudinal study of workers throws light on patterns of occupational mobility in the sector. The book ends with an analysis of the political and economic interests that shaped the introduction of Bus Rapid Transit in Dar es Salaam, and local resistance to it. Taken for a Ride is an interdisciplinary political economy of public transport, exposing the limitations of market fundamentalist and postcolonial appraoches to the study of economic informality, the urban experience in developing countries, and their failure to locate the agency of the urban poor within their economic and political structures. It is both a contribution to and a call for the contextualised study of neoliberalism.
This Element argues that after twenty years of democratization, Indonesia has performed admirably. This is especially so when the country's accomplishments are placed in comparative perspective. However, as we analytically focus more closely to inspect Indonesia's political regime, political economy, and how identity-based mobilizations have emerged, it is clear that Indonesia still has many challenges to overcome, some so pressing that they could potentially erode or reverse many of the democratic gains the country has achieved since its former authoritarian ruler, Soeharto, was forced to resign in 1998.
Governments in some democracies target economic policies, like industrial subsidies, to small groups at the expense of many. Why do some governments redistribute more narrowly than others? Their willingness to selectively target economic benefits, like subsidies to businesses, depends on the way politicians are elected and the geographic distribution of economic activities. Based on interviews with government ministers and bureaucrats, as well as parliamentary records, industry publications, local media coverage, and new quantitative data, Spending to Win: Political Institutions, Economic Geography, and Government Subsidies demonstrates that government policy-making can be explained by the combination of electoral institutions and economic geography. Specifically, it shows how institutions interact with economic geography to influence countries' economic policies and international economic relations. Identical institutions have wide-ranging effects depending on the context in which they operate. No single institution is a panacea for issues, such as income inequality, international economic conflict, or minority representation.
Lack of credit access is severe in low income and poor families that are normally considered to have fewer opportunities to borrow from banks due to insufficient valuable assets for collateral. These low-income households face limited opportunity to acquire new technology and working capital for agricultural production and thus tend to fall behind. As a result, providing access to finance to low-income rural households has been considered an important component of any rural development strategy. Microfinance programmes, in particular, have been gradually embedded in national strategies of many developing countries as they are poverty-focused. They aim to facilitate the access to financial services such as credit for the poor who are usually disadvantaged in terms of access to conventional financial services from formal financial institutions. The objective of this book is to provide an overview of microfinance programmes in Asia focusing in particular on the determinants of the accessibility of rural households to microcredit. The book studies seven Asian countries such as China, Malaysia, Vietnam, Thailand, the Philippines, Indonesia, and Bangladesh with two specific case studies.
This book discusses a core question in many fields of the social sciences, namely how to create, share and adopt new knowledge. It creates an original space for conversation between two lines of research that have developed largely in parallel for a long time: social network theory and the geography of knowledge. This book considers that relational thinking has become increasingly important for scholars to capture societal outcomes by studying social relations and networks, whereas the role of place, space and spatial scales has been somewhat neglected outside an emergent geography of knowledge. The individual contributions help integrate network arguments of connectivity, geographical arguments of contiguity and contextuality into a more comprehensive understanding of the ways in which people and organizations are constrained by and make use of space and networks for learning and innovation. Experts in the fields of geography, sociology, economics, political science, psychology, management and organizational studies develop conceptual models and propose empirical research that illustrates the ways in which networks and geography play together in processes of innovation, learning, leadership, and power. This book is open access under a CC BY 4.0 license.
This volume was written by eight transnational geographers. These narratives comprise a collection of essays as a way to map personal trajectories and experiences which examine the concept of place at the micro-level. Eight transnational geographers convey their professional and personal identities in a global age. By using an approach called, autobiogeography, these narratives will be of interest to geographers and other social science and humanities scholars as well as of interest to the general public. This volume explores the concepts of transnationalism, borders, fragmentation, movement, displacement, space, place and "home." Drawing from various national, ethnic, and cultural perspectives, the authors write about various important adjustments within contemporary global trends which in turn, reflect ever-changing ways to look at geography, migration processes, and transnationalism. Like other migrants who have left their home, they all left "something" behind.
When Hu Jintao, China's current leader, came to visit the New York
Stock Exchange and Ground Zero in 2002, he asked Hank Paulson to be
his guide. It was a testament to the pivotal role that Goldman
Sachs had played in helping China experiment with private
enterprise. Four years later, Paulson (now Treasury Secretary) was
looking at the world's second largest economy and fastest
modernizing military from a different perspective--that of a
statesman who was responsible for safeguarding the U.S. financial
system from a behemoth he had helped to empower.
Accelerating processes of economic globalization have fundamentally reshaped the organization of the global economy towards much greater integration and functional interdependence through cross-border economic activity. In this interconnected world system, a new form of economic organization has emerged: Global Production Networks (GPNs). This brings together a wide array of economic actors, most notably capitalist firms, state institutions, labour unions, consumers and non-government organizations, in the transnational production of economic value. National and sub-national economic development in this highly interdependent global economy can no longer be conceived of, and understood within, the distinct territorial boundaries of individual countries and regions. Instead, global production networks are organizational platforms through which actors in these different national or regional economies compete and cooperate for a larger share of the creation, transformation, and capture of value through transnational economic activity. They are also vehicles for transferring the value captured between different places. This book ultimately aims to develop a theory of global production networks that explains economic development in the interconnected global economy. While primarily theoretical in nature, it is well grounded in cutting-edge empirical work in the parallel and highly impactful strands of social science literature on the changing organization of the global economy relating to global commodity chains (GCC), global value chains (GVC), and global production networks (GPN).
A Study on Globalizing Cities is the latest masterpiece by Zhou Zhenhua, a famous Chinese economist, who closely tracks the theoretical study of global cities and is actively engaged in the strategic research of Shanghai's development.With rich empirical data and an in-depth analysis, this book is of great theoretical and practical significance. Different from studies on global cities by renowned western scholars, this book extends its perspective to globalizing cities. It explores a unique development model for China's globalizing cities by adopting a creative angle of observation and analytical methods. By criticizing that the traditional global city theory derives the logic relations of global cities directly from globalization, Mr Zhou puts forward the concept of globalization city, which is introduced as a new intermediate explanatory variable. More importantly, this book emphasizes that the building of global cities is not only dependent on the distribution of urban space and urban economic development but also on comprehensive construction of multiple structures and functions of cities.
The concept of globalization has become ubiquitous in social science and in the public consciousness and is often invoked as an explanation for a diverse range of changes to economies, societies, politics and cultures - both as a positive liberating force and as a wholly negative one. Whilst our understanding of the politics, economics, and social resonance of the phenomenon has become increasingly sophisticated at the macro-level, this book argues that globalization too often continues to be depicted as a set of extra-terrestrial forces with no real physical manifestation, except as effects. The essays challenge this dominant understanding of 'globalization from above' through explorations of the mundane means by which globalization has been achieved. Instead of a focus on the meta-political economy of global capitalism, the book concentrates on the everyday life of capitalism, the not-so-'little' things that keep the 'large' forces of globalization ticking over. With its eye on the mundane, the book demonstrates that a series of everyday and, consequently, all but invisible formations critically facilitate and create the conditions under which globalization has flourished. The emphasis is on concrete moments in the history of capitalism when these new means of regular reproduction were invented and deployed. Only by understanding these infrastructures can we understand the dynamics of globalization. In short, punchy essays by distinguished researchers from across a range of disciplines, this book provides a new way of understanding globalization, moving away from the standard accounts of global forces, economic flows, and capitalist dynamics, to show how ordinary practices and artefacts are crucial elements and symbols of globalization.
How do the places where people live help structure and restructure
their sociopolitical identities and interests? In this book,
renowned political geographer John A. Agnew presents a theoretical
model that addresses the relation of place to politics and applies
it to a series of historicogeographical case studies set in modern
Italy.
One important legacy of colonialism is the separation of a culture from the land upon which its people live. Populations are displaced; topographical objects are renamed, and the land becomes a resource to be exploited. Starting with three landscapes viewed as threatening by the Europeans who colonized them, Imagined Topographies examines the ways artists, writers, and musicians distill new meaning in formerly colonized spaces through the articulation of landscapes that are homelands, not commodities. In the Irish bog Seamus Heaney explores legacies of violence, John Dunne looks at rural poverty and religious faith, and Catherine Harper creates art connecting landscape and gender. Influenced by the Amazon, Wilson Harris creates dense multi-layered Guyanese epics, Karen Tei Yamashita plays with the telenovela to explore the role of multinational corporations in deforestation, and in recordings Douglas Quin combines the natural world with the technological, raising questions of connected cultural and natural loss. The two landscapes of Australia, the empty land of the colonizers and the fertile land known by the original inhabitants, are explored in the novels of David Malouf, while Peter Carey turns to the animal world to define the Australian national character, and the people of Ramingining, in films and a website created in collaboration with the filmmaker Rolf de Heer, intervene in the Australian land rights struggle. Challenging the dominant perceptions of land in these regions, artists, musicians, and writers create new visions of landscapes tied to cultures where social and ecological justice offer choices other than emigration and habitat destruction.
Why do some companies stay out of stock markets? How crucial are stock markets for competition between financial centres? How can local information help investors outperform the market? Whilst mainstream financial economics treats stock markets as consisting of anonymous actors interacting in space, with no consideration of the friction caused by distance or geography, this book offers a comprehensive and up-to-date picture of the global stock market by focusing on the relationships between issuers, investors, and intermediaries, and how these relationships impact on the performance of stock markets and the economy of cities, countries, and the world. The book uses rich data and global case studies to examine the rise of emerging markets, the impact of the global financial crisis, the revolution in the stock exchange business model, and the continued dominance of London and New York as stock market centres. Drawing on economic geography, financial economics, sociology, history, and globalization studies, the book explores the geographical constitution and footprint of stock markets and contributes to the broader debate on the role of stock markets in the global economy. Its conclusions are relevant to investors, companies issuing stocks, exchanges, analysts, investment banks, and policy-makers.
Amongst intellectuals and activists, neoliberalism has become a potent signifier for the kind of free-market thinking that has dominated politics for the past three decades. Forever associated with the conviction politics of Ronald Reagan and Margaret Thatcher, the free-market project has since become synonymous with the 'Washington consensus' on international development policy and the phenomenon of corporate globalization, where it has come to mean privatization, deregulation, and the opening up of new markets. But beyond its utility as a protest slogan or buzzword as shorthand for the political-economic Zeitgeist, what do we know about where neoliberalism came from and how it spread? Who are the neoliberals, and why do they studiously avoid the label? Constructions of Neoliberal Reason presents a radical critique of the free-market project, from its origins in the first half of the 20th Century through to the recent global economic crisis, from the utopian dreams of Friedrich von Hayek through the dogmatic theories of the Chicago School to the hope and hubris of Obamanomics. The book traces how neoliberalism went from crank science to common sense in the period between the Great Depression and the age of Obama. Constructions of Neoliberal Reason dramatizes the rise of neoliberalism and its uneven spread as an intellectual, political, and cultural project, combining genealogical analysis with situated case studies of formative moments throughout the world, like New York City's bankruptcy, Hurricane Katrina, and the Wall Street crisis of 2008. The book names and tracks some of neoliberalism's key protagonists, as well as some of the less visible bit-part players. It explores how this adaptive regime of market rule was produced and reproduced, its logics and limits, its faults and its fate.
Harvard professor, Michael Porter has been one of the most
influential figures in strategic management research over the last
three decades. He infused a rigorous theoretical framework of
industrial organization economics with the then still embryonic
field of strategic management and elevated it to its current status
as an academic discipline. Porter's outstanding career is also
characterized by its cross-disciplinary nature. Following his most
important work on strategic management, he then made a leap to the
policy side and dealt with a completely different set of analytical
units. More recently he has made a foray into inner city
development, environmental regulations, and health care services.
Throughout these explorations Porter has maintained his integrative
approach, seeking a road that links management case studies and the
general model building of mainstream economics.
Since the Indian economy was liberated from bureaucratic, socialist controls in 1991, it has developed rapidly. A country once renowned for the backwardness of its industries, its commerce and its financial market is now viewed as potentially one of the major world economies of the twenty-first century. But there are many questions which need to be asked about the sustainability of this rapid economic growth and its effect on the stability of the country. Have the changes had any impact on the poor and marginalised? Can India's democracy contain the mounting resentment of those left out of the new economic order? Can a high growth rate be sustained with India's notoriously corrupt and inefficient governance? Can the development of its creaking infrastructure be speeded up? How is India going to feed itself unless agriculture is reformed? This timely book will answer these questions through interviews with industrialists and cricketers, God men and farmers, plutocrats and former untouchables. Full of fascinating stories of real people at a time of great change, it will be of interest to economists, business people, diplomats, politicians, as well as to those who love to travel and who take an interest in the rapid growth of one of the world's largest countries, and what this means to us in the West.
Why do some companies stay out of stock markets? How crucial are
stock markets for competition between financial centres? How can
local information help investors outperform the market?
Most of Andre Gunder Frank's early work on the nature of underdevelopment focused on one continent: Latin America. Here he broadened his canvas and traced the world-wide effects of the process of capital accumulation from the period just prior to the discovery of America to the industrial and French revolutions. It is Frank's thesis that "the world has experienced a single all-embracing, albeit unequal and uneven, process of capital accumulation centered in Western Europe," which has been capitalist for at least two centuries.
This book was first published in 2004. National economic growth is fueled by the development of high technology clusters such as Silicon Valley. The contributors examine the founding of ten clusters that have been successful at an early stage of growth in information technology. Their key finding is that the economics of starting a cluster is very different from the positive feedback loop that sustains an established cluster. While 'nothing succeeds like success' in an established cluster, far more difficult, risky and unlikely are the initial conditions that give rise to successful clusters. The contributors find regularities in the start of the successful clusters studied, including Silicon Valley around 1964. These cases contain 'old economy' factors such as competencies, firm building capabilities, managerial skills, and connection to markets, more than the flamboyant 'new economy' factors that have been highlighted in prevailing years.
Since cities are likely to play an even more predominant role in the global economy in the future than they do at present, it is important to understand how urban centers are created, grow, and function in the process of generating and distributing wealth. This integrated collection of essays exploring the new economic theory of cities assembles recent work by a number of the world's leading exponents in North America, the UK/Europe, and Japan. Topics investigated include cities and agglomeration, urban systems, urbanization and growth, and cities and factor markets. The perspectives the editors and contributors offer have strong connections with several branches of modern economics, including industrial organization, public economics, international trade, and endogenous growth and economic development.
In recent years a spate of books and articles have argued that the world today is so mobile, so interconnected and so integrated that it is, in one prominent assessment, flat. But as Harm de Blij contends in The Power of Place, geography continues to hold billions of people in an unrelenting grip. We are all born into natural and cultural environments that shape what we become, individually and collectively. From our "mother tongue" to our father's faith, from medical risks to natural hazards, where we start our journey has much to do with our destiny, and thus with our chances of overcoming the obstacles in our way. Incorporating a series of revealing maps, de Blij focuses on the rough terrain of the world's human and environmental geography. The world's continuing partition into core and periphery, and apartheid-like obstructions to migration from the former to the latter, help explain why, in this age of globalization, less than 3 percent of "mobals" live in countries other than where they were born. Maps of language distribution suggest why English, the Latin of the latter day, may become as hybridized as its forerunner. The fateful map of religion casts a shadow of what he calls "endarkenment" over the future of the planet in a time of increasingly destructive weaponry. De Blij also looks at the ways we are redefining place so as to make its power even more potent than it has been, with troubling implications for the future. Optimistic demographic projections based on declining national populations in the global core are tempered by the prospect that the vast majority of the 3 billion additions to the world's population will burden the periphery. Megacities such as Lagos and Jakarta with their corridors and nodes of globalization foreshadow a future of potentially explosive social contrasts. Subnational entities from southern Sudan to northern Sri Lanka seek independence at a time when the planet's limited living space is already fragmented into 200 states. Looking down from the business-class compartment of a transcontinental airliner, the world looks a lot flatter than it does from the doorway of a dwelling in a local village. Harm de Blij brings us back to earth to reveal the all-too-rugged contours of place. |
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