Introduction to Economic Geography

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1 Introduction to Economic Geography Globalization, Uneven Development and Place 2nd edition Danny MacKinnon and Andrew Cumbers Harlow, England London New York Boston San Francisco Toronto Sydney Singapore Hong Kong Tokyo Seoul Taipei New Delhi Cape Town Madrid Mexico City Amsterdam Munich Paris Milan

2 Brief contents List of figures ^ _. x List of tables xii Preface to second edition xiv Publisher's acknowledgements xv Part 1 FOUNDATIONS 1 Introducing economic geography, 1 2 Approaches to economic geography 21 3 Shaping the capitalist economy: key actors and processes 42 4 Spaces of production and consumption 66 Part 2 KEY ACTORS AND PROCESSES 5 The state and the economy 89 6 The changing geography of the multinational corporations Changing geographies of work and employment Geographies of development. 175 Part 3 CONTEMPORARY ISSUES IN ECONOMIC GEOGRAPHY 9 The uneven geographies of finance ' Commodity chains and global production networks Knowledge, creativity;and regional development Alternative economic geographies Conclusion 284 Glossary 289 References 306 Index ' 325

3 List of figures v _. x List of tables xii Preface to the second edition xiv Publisher's acknowledgements xv Part 1 FOUNDATIONS Introducing economic geography Introduction Key themes: globalization, uneven development and place The economy and economic geography \ A political economy approach Outline of the book 18 Approaches to economic geography Introduction ; Traditional economic geography Spatial analysis in economic geography The political economy approach in economic geography Cultural and institutional approaches in economic geography Summary, 40 Shaping the capitalist economy: key actors and processes Introduction Capital ' The labour process Consumers and consumption The state Summary 63 Spaces of production and consumption Introduction The Industrial Revolution and the geographical expansion of capitalism 67 vii

4 4.3 The rise and fall of industrial regions Spaces of consumption Summary 86 Part 2 KEY ACTORS AND PROCESSES 5 The state and the economy Introduction Understanding the'qualitative state' The Keynesian welfare state v The developmental state Reinventing the state: neoliberalism, globalization and state restructuring since Summary The changing geography of the multinational corporations Introduction The changing geography of FDI Understanding the emergence and development of the MNCs How global are they? The internationalization of services The impact of MNCs on host regions Summary Changing geographies of work and employment Introduction, : Conceptualizing work and employment Changing forms of employment A crisis of trade unionism? New labour geographies Summary \ Geographies of development Introduction The programme of development Theories of development Patterns of development Resisting development: the growth of local social movements in developing countries Current development issues and challenges Summary 199

5 Part 3 CONTEMPORARY ISSUES IN ECONOMIC GEOGRAPHY 9 The uneven geographies of finance Introduction The role of money The changing geographies of money Financial crises and cycles The financial crisis and global recession Summary Commodity chains and global production networks Introduction The commodity chain approach Global production networks Globalizing regional development Summary Knowledge, creativity and regional development Introduction Knowledge, innovation and agglomeration, The rise of the creative classes? Summary Alternative economic geographies Introduction Capitalism and its alternatives Alternative economic spaces Alternative global norms of fairness and responsibility Summary, Conclusion * Summary of key themes Globalization and uneven development after the crisis 286 Glossary _ 289 References 306 Index 325

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