Regions and the World Economy: The Coming Shape of Global Production, Competition, and Political Order

Rating:
Summary: Insightful!
Review: Allen J. Scott's short, scholarly book makes a compelling case for the future growth of regional economies and explains the key role they are likely to play in shaping future global political and economic development. Though written in dense, academic language, the book makes its points clearly and supports them with research, theory and statistics. Scott's guidelines for 'regional directorates' reflect many experiments that are already under way around the world, and seeks to capture the best features of each. If his basic idea is correct, then a conscious effort to build regional institutions should speed economic development and reduce world economic stresses. This book is heavy reading, but it is concise and to the point. We [...] recommend it to executives in multinational corporations, entrepreneurs thinking about where to locate, urban planners, civic leaders and government officials - in short, anyone who wants to promote or profit from regional economic development.