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Regions and the World Economy
Book

Regions and the World Economy

The Coming Shape of Global Production, Competition and Political Order

Allen J. Scott
Oxford UP, 2000

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Editorial Rating

7

Qualities

  • Innovative

Recommendation

Allen J. Scott’s short, scholarly book makes a compelling case for the future growth of regional economies and explains the key role they are likely to play in shaping future global political and economic development. Though written in dense, academic language, the book makes its points clearly and supports them with research, theory and statistics. Scott’s guidelines for ’regional directorates’ reflect many experiments that are already under way around the world, and seeks to capture the best features of each. If his basic idea is correct, then a conscious effort to build regional institutions should speed economic development and reduce world economic stresses. This book is heavy reading, but it is concise and to the point. getAbstract recommends it to executives in multinational corporations, entrepreneurs thinking about where to locate, urban planners, civic leaders and government officials - in short, anyone who wants to promote or profit from regional economic development.

Take-Aways

  • Capitalism and industrial development create concentrated regions of economic activity.
  • Regions are defined by an urban area surrounded by a rural hinterland.
  • Regions are becoming the key units of the globalized economy.

About the Author

Allen J. Scott is a professor in the Departments of Policy Studies and Geography at the University of California, Los Angeles. He is the author of three other books: : Metropolis, New Industrial Spaces and Technopolis.

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