The culmination of more than two decades of work on the spatiality of economic forms, worlds, and lives, Variegated Economies tackles the question of how to approach, conceptualize, and analyze economies as geographically differentiated phenomena. Staged from the field of economic geography, the book seeks to build bridges to complementary developments in critical political economy and heterodox economic studies by way of a substantive theoretical and methodological program. Jamie Peck advances a series of arguments concerning the inherent-and highly consequential-spatiality of economic forms, worlds, and lives, engaging a range of issues from the diversity of capitalism(s) to the dynamics of late-stage neoliberalization, and from the problematic uneven geographical development to the challenges-cum-opportunities of conjunctural methodologies.
Today, the Bay Area is home to the most successful knowledge economy in America, while Los Angeles has fallen progressively further behind its neighbor to the north and a number of other American metropolises. Yet, in 1970, experts would have predicted that L.A. would outpace San Francisco in population, income, economic power, and influence. The usual factors used to explain urban growth—luck, immigration, local economic policies, and the pool of skilled labor—do not account for the contrast between the two cities and their fates. So what does? The Rise and Fall of Urban Economies challenges many of the conventional notions about economic development and sheds new light on its workings. The authors argue that it is essential to understand the interactions of three major components—economic specialization, human capital formation, and institutional factors—to determine how well a regional economy will cope with new opportunities and challenges. Drawing on economics, sociology, political science, and geography, they argue that the economic development of metropolitan regions hinges on previously underexplored capacities for organizational change in firms, networks of people, and networks of leaders. By studying San Francisco and Los Angeles in unprecedented levels of depth, this book extracts lessons for the field of economic development studies and urban regions around the world.
Setting out to explore the intersections of economy and geography, this book brings together contributions from the world's top economic geographers. Over forty contributors draw upon contemporary theory and experience to explore the cultural and social constitution of economic geographies, processes of globalisation and new forms of political regulation and practice. Although focusing upon 'new' economic geography, the book also illustrates the many connections with previous scholarship as scholars seek to reconstruct the traditions of political economy to understand the contemporary world. Highlighting and illustrating contemporary developments, the book opens up discussion about the implications of the complex geographies involved. In pointing to new directions of research and debate, this major statement in state of the art economic geography demonstrates the central relevance of economic geography not only in understanding the trajectories of change but in proposing alternatives.
We live in the era of the knowledge-based economy, and this has major implications for the ways in which states, cities and even supranational political units are spatially planned, governed and developed. In this book, Sami Moisio delves deeply into the links between the knowledge-based economy and geopolitics, examining a wide range of themes, including city geopolitics and the university as a geopolitical site. Overall, this work shows that knowledge-based "economization" can be understood as a geopolitical process that produces territories of wealth, security, power and belonging. This book will prove enlightening to students, researchers and policymakers in the fields of human geography, urban studies, spatial planning, political science and international relations.
Providing a coherent and clear narrative, Creating Resilient Economies offers a theoretical analysis of resilience and provides guidance to policymakers with regards to fostering more resilient economies and people. It adeptly illustrates how resilience thinking can offer the opportunity to re-frame economic development policy and practice and provides a clear evidence base of the cultural, economic, political and social conditions that shape the adaptability, flexibility and responsiveness to crises in their many forms.
Space and place are at the heart of how geographers and sociologists think. This updated edition of the essential undergraduate text will introduce you to the most influential thinkers in the tradition of social theory, with a new focus on the past fifty years. This book is designed to engage with theoretical debates in human geography through the individuals who have made the most significant contributions to this field. This will show you how ideas are shaped by contexts, and how those ideas in turn effect change. This book shows how theoretical understandings evolve, shift and change. It also highlights the connections between different thinkers, whose ideas are developed in collaboration with or in reaction to others. Spatial thought is never developed in a vacuum, but is always constructed by individuals and groups of people located in particular institutional and social structures, with their own sets of personal and political beliefs. The biographical approach of this book reveals how individual thinkers draw on a rich legacy of ideas from past and contemporary generations. With increased coverage of international and female thinkers, as well as those who work against Eurocentric notions of space and place, this book reveals the exciting reorientation of Geography towards new ideas and methods in the last decade. Each entry contextualises its subject within on-going (inter)disciplinary debates and important political moments, as well as highlighting connections between different thinkers. Together the chapters uncover the rich and diverse evolution of social theory, equipping you with the foundational ideas of geographical thought. Each entry offers the following components: i) a short biography ii) an explanation of ideas iii) an exploration of how their ideas have been used and critiqued iv) a selective bibliography of key publications (and key publications which review or critique)
The global financial and economic crisis struck the European Union and its member states with particular force from 2009 onwards. The immediate problem was the knock-on effects of the crisis on each country’s public finances. Bank bail-outs imposed a massive increase in sovereign debt on member states, while the economic recession unavoidably led to ballooning budget deficits via the usual mechanisms of reduced taxes and increased welfare spending. Subsequently, the Eurozone sovereign debt crisis exposed the hidden weaknesses in the monetary and financial arrangements that had accompanied the launch of the Euro; the severe economic imbalance between member states, rooted in longer-term structural divergences, and the inadequate institutional mechanisms for resolving these difficulties. This book originated from an EU-funded international research network on "Systemic Risks, Financial Crises and Credit: the Roots, Dynamics and Consequences of the Sub-Prime Crisis". Contributions explore and evaluate some of the ways in which the institutions and policies of the European Union and its member states have changed in response to the problems brought about by the crisis. This book was originally published as a special issue of the Journal of Contemporary European Studies.
A dynamic social history of shadow capitalism spanning the late nineteenth and twentieth centuries Observers see free markets, the relentless pursuit of profit, and the unremitting drive to commodify everything as capitalism's defining characteristics. These most visible economic features, however, obscure a range of other less evident, often unmeasured activities that occur on the margins and in the concealed corners of the formal economy. The range of practices in this large and diverse hidden realm encompasses traders in recycled materials and the architects of junk bonds and shadow banking. It includes the black and semi-licit markets that allow wealthy elites to avoid taxes and the unmeasured domestic and emotional labor of homemakers and home care workers. By some estimates, the unmeasured economic activity that occurs within the household, informal market, and underground economy amounts to a substantial portion of all economic activity in the world, as much as 30 percent in some countries. Capitalism's Hidden Worlds sheds new light on this shadowy economic landscape by reexamining how we think about the market. In particular, it scrutinizes the missed connections between the official, visible realm of exchange and the uncounted and invisible sectors that border it. While some hidden markets emerged in opposition to the formal economy, much of the obscured economy described in this volume operates as the other side of the legitimate, state-sanctioned marketplace. A variety of historical actors—from fortune tellers and forgers to tax lawyers and black market consumers—have constructed this unseen world in tandem with the observable public world of transactions. Others, such as feminist development economists and government regulators, have worked to bring the darkened corners of the economy to light. The essays in Capitalism's Hidden Worlds explore how the capitalist marketplace sustains itself, how it acquires legitimacy and even prestige, and how the marginalized and the dispossessed find ways to make ends meet. Contributors: Bruce Baker, Eileen Boris, Eli Cook, Hannah Frydman, James Hollis, Owen Hyman, Anna Kushkova, Christopher McKenna, Kenneth Mouré, Philip Scranton, Bryan Turo.
For the first time in the modern era, Asia is not dominated by an outside power. Is this the Asian Century? Will internal rivalries emerge between China, Japan and India? How will growing tensions between the United States and China shape the global economic, strategic and political system? Covering governance, culture, and society in East and South Asia, this book introduces: - Key economic developments, including the Asian economic miracle and the 1997/8 Financial Crisis - The central role of education, and the contentious debate about 'Asian values' - The rapid expansion of military spending in the region - The demography and geography of major nations and their forms of nationalism With further reading suggestions and discussion questions for every chapter, this is essential introductory reading for students of Asian Studies and interested general readers alike.
