Globalisation or ‘glocalisation’? Networks, territories and rescaling

This paper argues that the alleged process of globalisation should be recast as a process of ‘glocalisation’. ‘Glocalisation’ refers to the twin process whereby, firstly, institutional/regulatory arrangements shift from the national scale both upwards to supra‐national or global scales and downwards to the scale of the individual body or to local, urban or regional configurations and, secondly, economic activities and inter‐firm networks are becoming simultaneously more localised/regionalised and transnational. In particular, attention will be paid to the political and economic dynamics of this geographical rescaling and its implications. The scales of economic networks and institutional arrangements are…