Money and the Space Economy Contributor list Pietro Alessandrini Leslie Budd Gordon Clark Sheila Dow Richard T. Harrison Alan Hudson Roger Lee Colin Mason Jane Pollard David J. Porteous Barney Warf Neil Wrigley Alberto Zazzaro Money is central to understanding the space economy. Not only does money itself have its own geographies, but these in turn help to shape the geographies of economic activity more generally. Across the global economy banking systems and money markets are being restructured. A new economic geography of money and finance is emerging, reflecting, among other things, the momentous changes that are taking place in the world's financial systems, particularly the impact of globalisation, deregulation, privatisation and technological change. Money and the Space Economy brings together leading geographers and economists working on money to highlight the changing geographies of banking, the forces underpinning and threatening international financial centres, the relationship between financial systems, business and the local economy, and the financial causes and consequences of the retreat of the state. With case studies drawn from United Kingdom, Europe and the United States, Money and the Space Economy redraws the map of local, regional, national and international financial spaces. Economic Geography/Business/Finance/Social Science

Central and Eastern Europe present more than a trivial challenge to the Developed Nations of the world as well as to themselves. Will they represent new markets, new sources of low-cost labour, or populations taking every action and avenue conceivable to emigrate to the Developed Nations? Will they be integrated into the Western economies and political structures or lose themselves into defensive postures and pose threats to the Developed Nations? This new series is intended to present current analyses of political and economic developments and trends in this crucial part of the world.

Central and Eastern Europe present more than a trivial challenge to the Developed Nations of the world as well as to themselves. Will they represent new markets, new sources of low-cost labour, or populations taking every action and avenue conceivable to emigrate to the Developed Nations? Will they be integrated into the Western economies and political structures or lose themselves into defensive postures and pose threats to the Developed Nations? This new series is intended to present current analyses of political and economic developments and trends in this crucial part of the world.

The traditional assumption holds that the territory of money coincides precisely with the political frontiers of each nation state: France has the franc, the United Kingdom has the pound, the United States has the dollar. But the disparity between that simple mental landscape and the actual organization of currency spaces has grown in recent years, as territorial boundaries of individual states limit currency circulation less and less. Many currencies are used outside their "home" country for transactions either between nations or within foreign states. In this book, Benjamin J. Cohen asks what this new geography of money reveals about financial and political power.

Cohen shows how recent changes in the geography of money challenge state sovereignty. He examines the role of money and the scope of cross-border currency competition in today's world. Drawing on new work in geography and network theory to explain the new spatial organization of monetary relations, Cohen suggests that international relations, political as well as economic, are being dramatically reshaped by the increasing interpenetration of national monetary spaces. This process, he explains, generates tensions and insecurities as well as opportunities for cooperation.

With the breakup of the Soviet Union and the growing links between the Caucasus, Central and South Asia, and the Middle East, a strategic map of the region is emerging with far-reaching implications for the United States and other major powers. Geoffrey Kemp and Robert Harkavy argue that increasing demand for Persian Gulf and Caspian Basic energy, especially from the booming Asian economies, ensures that the Middle East will remain a global strategic prize and source of continued rivalry. At the same time, radical changes in conventional military technology and the proliferation of weapons of mass destruction, along with the specter of megaterrorism, present ominous future possibilities in relation to both warfare scenarios involving the Arab-Israel, Iran-Iraq, and India-Pakistan conflicts and the potential need for U.S. interventions. The authors likewise signal the region's positive potential. The Middle East has the capacity to move toward a more constructive and peaceful future. Intra-regional proposals already exist for joint infrastructure projects, shared oil and gas pipelines, and improved transportation and communication grids linking the region to Europe. These proposals could usher in a new era of prosperity and cooperation. A wealth of information is made very accessible through the use of 36 maps detailing the region's history, geography, energy resources, military conflict zones and basing infrastructure, as well as roads and rail and water routes.

The debate over the source of Appalachia's economic problems has been going strong since Harry Caudill's Night Comes to the Cumberlands appeared in 1963. Now a new study illuminates the region's plight, making a vital contribution to the understanding of this area's critical economic dilemma.

In Appalachia's Path to Dependency, Paul Salstrom examines the evolution of economic life over time in southern Appalachia. Moving away from the colonial model to an analysis based on dependency, he exposes the complex web of factors -- regulation of credit, industrialization, population growth, cultural values, federal intervention -- that has worked against the region.

Salstrom argues that economic adversity has resulted from three types of disadvantages: natural, market, and political. The overall context in which Appalachia's economic life unfolded was one of expanding United States markets and, after the Civil War, of expanding capitalist relations.

Covering Appalachia's economic history from early white settlement to the end of the New Deal, this work is not simply an economic interpretation but draws as well on other areas of history. Salstrom compares Appalachia with the Midwest at mid-nineteenth century, today's Appalachia with Third World countries, and the region with Japan.

Whereas other interpretations of Appalachia's economy have tended to seek social or psychological explanations for its dependency, this important work compels us to look directly at the region's economic history. This regional perspective offers a clear-eyed view of Appalachia's path in the future.

In the age of decentralization, instant communications, and the subordination of locality to the demands of a globalizing market, contemporary cities have taken on place-less or a-geographic characters. They have become phantasmagorical landscapes. Atlanta, argues Charles Rutheiser, is in many ways paradigmatic of this generic urbanism. As such, it provides a fertile ground for investigating the play of culture, power and place within a "non-place urban realm." Rutheiser uses the mobilization for the 1996 Olympics to talk about the uneven development of Atlanta's landscape. Like other cities lacking any natural advantages, Atlanta's reputation and built form have been regularly reconfigured by generations of entrepreneurs, politicians, journalists and assorted visionaries to create a service-oriented information city of global reach. Borrowing a term from Walt Disney, Rutheiser refers to these successive waves of organized and systematic promotion as linked, but not always well-co-ordinated acts of urban "imagineering." Focusing on the historic core of the metropolitan area, Rutheiser shows how Atlanta has long been both a test bed for federal urban renewal and a playground for private capital. The city provides an object lesson in internal colonization and urban underdevelopment. Yet, however illustrative of general trends, Atlanta also represents a unique conjunction of universals and particulars; it exemplifies a reality quite unlike either New York or Los Angeles-two cities to which it has often been compared. This book thus adds an important case study to the emerging discourse on contemporary urbanism. It goes beyond providing another account of uneven development and the "theme-parking" of a North American city: Rutheiser reflects on how contemporary American society thinks about cities, and argues that, ultimately, despite the ever-increasing virtualization of day-to-day life, the obliteration of locality is never complete. There always remains some "here," if only deep beneath the "urbane disguises," in the interstices of social activity, in the contradictions of experience and in the residues of individual and collective memory.

From Cotton Belt to Sunbelt investigates the effects of federal policy on the American South from 1938 until 1980 and charts the close relationship between federal efforts to reform the South and the evolution of activist government in the modern United States. Decrying the South's economic backwardness and political conservatism, the Roosevelt Administration launched a series of programs to reorder the Southern economy in the 1930s. After 1950, however, the social welfare state had been replaced by the national security state as the South's principal benefactor. Bruce J. Schulman contrasts the diminished role of national welfare initiatives in the postwar South with the expansion of military and defense-related programs. He analyzes the contributions of these growth-oriented programs tothe South's remarkable economic expansion, to the development of American liberalism, and to the excruciating limits of Sunbelt prosperity, ultimately relating these developments to southern politics and race relations. By linking the history of the South with the history of national public policy, Schulman unites two issues that dominate the domestic history of postwar America--the emergence of the Sunbelt and the expansion of federal power over the nation's economic and social life. A forcefully argued work, From Cotton Belt to Sunbelt, originally published in 1991(Oxford University Press), will be an important guide to students and scholars of federal policy and modern Southern history.

"I have spent my whole professional life as an international economist thinking and writing about economic geography, without being aware of it," begins Paul Krugman in the readable and anecdotal style that has become a hallmark of his writings. Krugman observes that his own shortcomings in ignoring economic geography have been shared by many professional economists, primarily because of the lack of explanatory models. In Geography and Trade he provides a stimulating synthesis of ideas in the literature and describes new models for implementing a study of economic geography that could change the nature of the field.Economic theory usually assumes away distance. Krugman argues that it is time to put it back - that the location of production in space is a key issue both within and between nations.Paul Krugman is Professor of Economics at the Massachusetts Institute of Technology. He has been a consultant to the International Monetary Fund, the World Bank, the United Nations, the Trilateral Commission, and the U.S. State Department. He is a member of the Group of Thirty. His books include the recent bestselling Age of Diminished Expectations: U.S. Economic Policy in the 1990s.

Why do cities, regions and nations experience periods of pronounced growth and decline? Why have the world's centres of economic activity been continually reshuffled as the industrial revolution has spread to new parts of the globe?
This book demonstrates that under capitalism, the process central to growth is geographical industrialization, and that the creation and use of territory is fundamental to economic development. In doing so, they make new contributions to the study of growth theory, industrial economics, technological change, industrial organization, labour market, urban and regional development, and theoretical human geography. Beginning with the economics of disequilibrium growth, the authors reveal the technological, organizational and political foundations of industrialization, and conclude by showing that the territorial forms that industry takes are central to the shape and survival of capitalism itself.

The book focuses on the role political processes play in solving certain key problems which have accompanied economic development in both the developed and less developed nations of the world.
By breaking down the factors which define development into clear cut categories, namely population, food, energy, the environment, and technology, the author offers a useful approach to understanding the problems the world is facing today and will continue to face for the foreseeable future.
The text provides a useful guide and resource for those who wish to grasp the implications of the rapid growth of the world's population, world hunger, the threat of nuclear war, uncertain energy supplies, acid rain and deforestation.

Silk is not just a simple fiber - it represents something meaningful, universal, perennial. This book tells the story of how the silk textile conquered the luxury world and remained prestigious throughout the ages. Examining sociological research dating back to Antiquity, the Mongol Empire, and Ottoman Turks, this book demonstrates the value of globalization and the importance of diversity through the lens of silk as an enduring luxury textile. This book will be highly marketable to international business students, and to consumers of sociology and history. It can also serve to inform the political science and international relations practitioners regarding trade debates between globalizers and protectionists.

Examines, in detail, the impact of four postwar business cycles on the national economy. Then it is considered some of the major problems facing the economy in this decade.

This A-Z guide provides a wealth of information for every country in the world. Each entry gives a brief history and outlines contemporary social, economic, political and religious issues. In addition, for each country there is a clear map and a quick-reference fact box containing data and statistics including languages, population, GDP, capital city, life expectancy, and more. The inclusion of at least one web link for every country is a new feature to this edition and web links are conveniently accessible via the Guide to Countries of the World companion website. Invaluable supplementary material includes detailed indicator tables showing income and poverty, health and population etc, and list of international organizations, such as the EU and the African Union, with essential information about these groupings. Revised and fully up to date with the latest key facts, this accessible guide is ideal for students and teachers of geography, politics, economics, world religions, and world history at all levels, as well as anyone wanting a home reference book to accompany an atlas.

This volume discusses how different geographical spaces can enhance or hinder the capacity of a variety of organizational settings to achieve economic value creation in the pursuit of sustainable regional development. In order to provide the most comprehensive picture of new sources of value creation for sustainable transitions, the book collects contributions that tackle this issue from a variety of perspectives, and adopts a systemic approach where macro, meso and micro-levels of analysis are intertwined in three sections. This multidisciplinary and interdisciplinary approach comes from scholars operating in the fields of planning, economic geography, social entrepreneurship and organizational management. The first section of the book adopts a macro-level approach linking sustainability to the regional development theme, and addresses how organizations work between different social interests to produce outcomes not previously realized. The second section of the book focuses on the spatial dimensions of sustainable development, with particular clusters, industrial districts and regions considered as relevant units of analysis (meso-level analysis). The third section of the book is dedicated to a micro-level approach, illustrating how to drive social entrepreneurship activities, which are based upon sustainable business models centered in the creation of a shared value. The book is geared towards scholars working on sustainable development issues intersecting the disciplines of regional studies, economic geography and management, and will appeal to geographers and researchers in economic development, business innovation, and sustainability transitions.

Finance is the evil we cannot live without. It governs almost every aspect of our lives and has the power to liberate as well as enslave. With the worldas total financial assetsavalued at a staggering $300 trillionabeing four times larger than the combined output of all the worldas economies, there is, apparently, plenty to go around. Yet, while proponents of finance-driven capitalism point to the trickle-down effect as its contribution to wealth redistribution, there are still nearly a billion people across the globe existing on less than $2 a day; 14 percent of Americans are living below the official poverty line; and disparities in wealth equality everywhere have reached unprecedented levels. Evidently a trickle is not enough. How can this be when so much wealth abounds, and when finance is supposedly chastened and reformed after its latest global crisis? How, especially, can it be in an age when human rights are more loudly proclaimed than ever before? Can the financial sector be made to shoulder more of the burden of spreading wealth, reducing poverty, and protecting rights? And if so, what role can human rights play in making it happen? In answering these questions, David Kinley draws on a vast array of material from bankers, economists, lawyers, and politicians, as well as human rights activists, philosophers, historians and anthropologists, alongside his own experiences working in the field. Necessary Evil shows how finance can shed its conceit, return to its role as the economyas servant not its master, and regain the public trust and credibility it has so spectacularly lost over the past decadeaall by helping human rights, not harming them.

This book explores the innovative workplaces, namely coworking spaces and makerspaces, that are emerging as a consequence of digital innovations and the related development of the knowledge economy and society in the wake of deindustrialization. Drawing on international and multidisciplinary research projects, fresh insights are provided into current trends, research methodologies, actors, location patterns and effects, and urban and regional policies and planning. The aim is to cast light on all aspects of these new working and making spaces, highlighting their innovative geographies and the complexities of their nexus with urban and regional change processes from both the theoretical and the empirical point of view. The book includes multiple illuminating case studies from the advanced economies of North America and Europe, carefully selected for their relevance to the topic under analysis. This book is designed for an international audience comprising not only academicians but also policymakers, representatives of civil and entrepreneurial associations, and business operators.

As Ian Bremmer and Preston Keat reveal in this innovative book, volatile political events such as the 2008 Georgia-Russia confrontation--and their catastrophic effects on business--happen much more frequently than investors imagine. On the curve that charts both the frequency of these events and the power of their impact, the "tail" of extreme political instability is not reassuringly thin but dangerously fat.
Featuring a new Foreward that accounts for the cataclysmic effects of the 2008 financial crisis, The Fat Tail is the first book to both identify the wide range of political risks that global firms face and show investors how to effectively manage them. Written by two of the world's leading figures in political risk management, it reveals that while the world remains exceedingly risky for businesses, it is by no means incomprehensible. Political risk is unpredictable, but it is easier to analyze and manage than most people think. Applying the lessons of world history, Bremmer and Keat survey a vast range of contemporary risky situations, from stable markets like the United States or Japan, where politically driven regulation can still dramatically effect business, to more precarious places like Iran, China, Russia, Turkey, Mexico, and Nigeria, where private property is less secure and energy politics sparks constant volatility. The book sheds light on a wide array of political risks--risks that stem from great power rivalries, terrorist groups, government takeover of private property, weak leaders and internal strife, and even the "black swans" that defy prediction. But more importantly, the authors provide a wealth of unique methods, tools, and concepts to help corporations, money managers, and policy makers understand political risk, showing when and how political risk analysis works--and when it does not.
"The Fat Tail delivers practical wisdom on the impact of political risk on firms of every description and valuable advice on how to use it. Ian Bremmer and Preston Keat offer innovative thinking and useful insight that will help business decision-makers find fresh answers to questions they may not yet know they have."
--Fareed Zakaria, best-selling author of The Post-American World
"Political risk has become increasingly complex, and The Fat Tail provides a truly new way to quantitatively assess it in established and emerging markets. It is essential reading for any CEO with multinational interests."
--Randall Stephenson, Chairman, CEO and President, AT&T Inc.
"Should be essential reading for anyone involved in international business even--perhaps especially--in places that seem politically stable."
--Bill Emmott, former editor-in-chief of The Economist

This book offers a window into the mechanisms that drive events when countries with poor track records in environmental protection and low administrative capacity, join an organisation with ambitious environmental regulatory regimes, which include some of the highest environmental protections standards in the world. This book examines the institutional building capacity in Romania after two decades of the development of the EU's environmental policy on elaboration, transposition, implementation, monitoring and institutional building. The book examines how Romania has fared as one of the least environmentally friendly EU member states, and poses the following questions. What are the limits of Europeanisation in the area of public policies? What is the reason why, despite the overwhelming public interest in environmental issues, and widespread agreement that urgent action to protect the environment and prevent catastrophic climate change are paramount, the pace of achieving the goals is remains slow. Why do policies fail? This book brings together several case studies focusing on the evolution of environmental policies in Romania over the last twenty years, with a special focus on the post-accession period (2007 onwards). The book provides an analysis of policies, where progress is less than satisfactory, and examines why this is the case.

Discusses the regional impact, as well as the emergence of a growth-periphery.

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.

Doreen Massey (1944-2016) changed geography. Her ideas on space, region, labour, identity, ethics and capital transformed the field itself, while also attracting a wide audience in sociology, planning, political economy, cultural studies, gender studies and beyond. The significance of her contributions is difficult to overstate. Far from a dry defence of disciplinary turf, her claim that "geography matters" possessed both scholarly substance and political salience. Through her most influential concepts - such as power-geometries and a "global sense of place" - she insisted on the active role of regions and places not simply in bearing the brunt of political-economic restructuring, but in reshaping the uneven geographies of global capitalism and the horizons of politics. In capturing how global forces articulated with the particularities of place, Massey's work, right up until her death, was an inspiration for critical social sciences and political activists alike. It integrated theory and politics in the service of challenging and transforming both. This collection of Massey's writings brings together for the first time the full span of her formative contributions, showcasing the continuing relevance of her ideas to current debates on globalization, immigration, nationalism and neoliberalism, among other topics. With introductions from the editors, the collection represents an unrivalled distillation of the range and depth of Massey's thinking. It is sure to remain an essential touchstone for social theory and critical geography for generations to come.

The 'neoliberal' economic policy of President Recep Tayyip Erdogan's AKP Party, which has delivered extraordinary growth in Turkish GDP over the last decade, has been one of the foundations of the party's popular appeal. Here, a group of experts on Turkish political economy show how these policies have also had a detrimental impact on the environment, sustainability and the long-term health of the Turkish economy. Taking the two main sectors of growth during the past decade-energy and construction-as its primary focus, the book engages broadly with the political economy of inequality and sustainability in contemporary Turkey. Ultimately, the authors argue that 'environmental conflicts' in Turkey are not merely about the environment but intersect with contemporary politics of religion, ethnicity, gender, and class within the context of top-down, modernising economic development. Neoliberal Turkey and its Discontents marks an important contribution to debates around the economic growth of Turkey and the future of the AKP's long-term economic plan.

If a city based its planning decisions on the needs of an international bureaucracy rather than on the traditional needs of local residents and businesses, how would that city change? How might it look? In Brussels, Belgium - home to the European Union since 1957 - such change is taking place. Observing the change, Alexis G. Papadopoulos explores a new geographical concept, the Central Executive District. This urban form is significantly different from the Central Business District, its conventional counterpart. Drawing on game and rational choice theories, spatial analysis and land economics, the author analyzes how the landscape of the city's centre has evolved over the last three decades under the influence of successive coalitions of local and foreign elites. He describes how foreign diplomats, international corporate executives and real-estate developers co-operate with one another to carry out major urban projects in the face of resistance from local neighbourhood groups, conservationists and political factions. This study explores the future of world cities like New York, London and Paris and applies the notion of co-operative regimes.

In "Uneven Development," a classic in its field, Neil Smith offers the first full theory of uneven geographical development, entwining theories of space and nature with a critique of capitalist development. Featuring pathbreaking analyses of the production of nature and the politics of scale, Smith's work anticipated many of the uneven contours that now mark neoliberal globalization. This third edition features an afterword updating the analysis for the present day.