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 Keynesian 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.
General
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