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Author:Storper, M.
Scott, A. J.
Title:The wealth of regions: Market forces and policy imperatives in local and global context
Journal:Futures
1995 : JUN, VOL. 27:5, p. 505-526
Index terms:REGIONAL DEVELOPMENT
WORLD ECONOMY
NATURAL RESOURCES
Language:eng
Abstract:The article opens with an extended commentary on the continued - and future - significance of regional development issues, even in a rapidly globalizing world economy. The bases of regional economic activity are analysed in terms of network structures of production, technology systems, local labour markets , and regional business cultures. A policy framework for approaching tasks of regional competitiveness is described , with special reference to first mover advantages, resource mobilization, problems of regional coordination, and institution building in general. A brief case-study of some actual policy responses to the economic crisis of Southern California in early 1990s is presented.
SCIMA record nr: 137138
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