Regions, Globalization, Development

S COTT A. J. and S TORPER M. (2003) Regions, globalization, development , Reg. Studies 37 , 579-593. Regional economies are synergy-laden systems of physical and relational assets, and intensifying globalization is making this situation more and not less the case. As such, regions are an essential dimension of the development process, not just in the more advanced countries but also in less- developed parts of the world. Development theorists have hitherto largely tended to overlook this critical issue in favour of an emphasis on macroeconomic considerations. At the same time, conventional theories of the relationship between urbanization and economic development have favoured the view that the former is…