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Globalization Trends and Regional Development

Dynamics of FDI and Human Capital Flows Edited by Roberta Capello, Professor of Regional and Urban Economics, Politecnico di Milano, Italy and Tomaz Ponce Dentinho, Professor of Regional, Environmental and Agricultural Economics, University of the Azores, Portugal
This timely book investigates the challenges that emerge for local economies when faced with the new globalization trends that characterize today’s world economy.
Extent: 296 pp
Hardback Price: $146.00 Web: $131.40
Publication Date: 2012
ISBN: 978 1 78100 303 9
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  • Development Studies
  • Development Studies
  • Migration
  • Economics and Finance
  • Regional Economics
  • Social Policy and Sociology
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  • Regional Economics
This timely book investigates the challenges that emerge for local economies when faced with the new globalization trends that characterize today’s world economy.

In this instance, globalization is interpreted as a process of internationalization of production and markets which can take various forms – such as increasing international trade or increasing foreign direct investments – all of which give rise to the growing integration and interdependency of European economies with regard to the other main world economies. The expert contributors use a fresh perspective in their analysis of globalization trends, emphasizing recent changes and providing an up-to-date picture of current developments in both foreign investments and the consequent migration of human capital. Qualitative rather than quantitative trends in human capital and financial capital flows are taken into account, with a particular focus on their impacts on regional growth perspectives.

Highlighting the European economy’s strengths and weaknesses in facing the challenges of the new globalization trends, this book will provide a stimulating read for a wide-ranging audience encompassing scholars of regional science, regional economics, economic and regional geography, international economics and international business.
‘This book, with its varied empirical research methodology, contributes to a deeper insight into the global trends and the local effects of the internationalization of production. The book is relevant to both the search community and policymakers.’
– Hans Lööf, Journal of Regional Science

‘Global trends and local effects have been almost ubiquitous since the 1980s. However, few, like this book, have successfully examined the local effects of global trends and processes. Each of this book’s ten chapters provides an empirically based analysis that illuminates the local effects driven by global forces.’
– Roger Stough, George Mason University, US

‘This volume provides an interesting collection of contributions, highlighting new trends in globalization with regard to investment and human capital flows across regions, and their impact on development, as well as social issues such as inequality and exclusion.’
– Rui Baptista, European Journal of Development Research
Contributors: T. Baycan, C. Behrens, R. Camagni, R. Capello, F. Carballo-Cruz, L. Casi, J.C. das Neves, T.P. Dentinho, K.P. Donaghy, N.O. Martins, A. Mendes, B. Neuts, P. Nijkamp, J.P. Pontes, L. Resmini, M. Sahin, J.R. Silva, A. Todiras
Contents:

Globalization Trends and their Challenges for Regional Development
Roberta Capello and Tomaz Ponce Dentinho

PART I: NEW GLOBALIZATION TRENDS
1. Globalization and Geographical Growth Patterns
João César das Neves

2. Globalization and Economic Crisis: How Will the Future of European Regions Look?
Roberto Camagni and Roberta Capello

3. The Co-evolution of Logistics, Globalization and Spatial Price Competition: Implications for a Unified Theory of Trade and Location
Kieran P. Donaghy

PART II: NEW TRENDS IN FOREIGN DIRECT INVESTMENTS
4. Globalization, Foreign Direct Investments and Growth in European Regions: An Empirical Assessment
Laura Casi and Laura Resmini

5. New Patterns in Global Localization: Delocalization and Relocalization of Economic Activities
Francisco Carballo-Cruz

6. New Dynamics of FDI
José Pedro Pontes

7. Foreign Direct Investment and Regional Policy
Joaquim Ramos Silva

PART III: NEW TRENDS IN MIGRATION FLOWS
8. The Migration–Development Nexus: New Perspectives and Challenges
Tüzin Baycan and Peter Nijkamp

9. A Structural Equations Model for Assessing the Economic Performance of High-tech Ethnic Entrepreneurs
Mediha Sahin, Alina Todiras, Peter Nijkamp, Bart Neuts and Christiaan Behrens

10. Social Exclusion of Immigrants from a Capability Perspective: The Case of Portugal
Nuno Ornelas Martins and Américo Mendes

Index