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On the Edge of the Global Economy

Hardback

On the Edge of the Global Economy

9781843761853 Edward Elgar Publishing
Edited by Jacques Poot, National Institute of Demographic and Economic Analysis, University of Waikato, Hamilton, New Zealand
Publication Date: 2005 ISBN: 978 1 84376 185 3 Extent: 352 pp
On the Edge of the Global Economy contends that despite growing global economic integration, some nations continue to be disadvantaged by remoteness, low connectivity, a small-scale economy and low population density. The book concludes that these economies may nonetheless have significant potential, for example through offering an attractive natural environment, a pleasant climate, various types of niche production and customised services that can lure footloose firms and mobile workers.

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Critical Acclaim
Contributors
Contents
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On the Edge of the Global Economy contends that despite growing global economic integration, some nations continue to be disadvantaged by remoteness, low connectivity, a small-scale economy and low population density. The book concludes that these economies may nonetheless have significant potential, for example through offering an attractive natural environment, a pleasant climate, various types of niche production and customised services that can lure footloose firms and mobile workers.

The contributors review the issues and assess the empirical evidence regarding the various opportunities and challenges facing small remote economies in the global economy. They find that locality and proximity still matter, but that the global economic configuration also offers new opportunities to peripheral nations.

Expanding the literature on a somewhat neglected aspect of globalisation, this book will be of great interest to economists, geographers and other researchers specialising in globalisation and related topics. In addition, it will be very useful to policymakers in small remote economies.
Critical Acclaim
‘This book is a worthwhile read by regional scientists and those from related fields. The authors pay considerable attention to the changing world order given rapid changes in information technology and the resultant economic changes. They provide a timely look at how remote areas fit into this new world order and at the same time offer a contemporary perspective on traditional location theory.’
– James B. London, Journal of Regional Science

‘On the Edge of the Global Economy addresses the long-standing and significant issue of the experience of peripheral locations in an era of information and the Internet. . . The volume addresses important questions about the meaning of place and space at a time when telecommunications can greatly diminish some of the friction of distance.’
– Mark Wilson, Growth & Change

‘Seldom has an edited collection grasped my attention or kept my blood pressure under control as this volume. It brings together an eminent group of contributors whose thoughtful and worldly essays speak eloquently and thought provokingly about spatial economic development at the margins of the global economy. This is an important, but under researched topic. The book’s essays explore why some nations or regions with some combination of small populations, poor resources, geographical isolation or sparse settlement have succeeded in a globalising world, while others have languished or worse.’
– Tony Sorensen, Urban Studies

‘The excellent book takes up the problem of remoteness and scale of peripheral locations in the globalizing world economy. It contains a number of contributions dealing with this issue and offers a variety of coping strategies and public policies in order to manage these locational disadvantages.’
– Paul Gans, Geographische Rundschau

‘This excellent book is very well targeted in the globalization literature regarding the question of how the peripheral locations in the world participate in the transformed and globalized economy of the new century. The problem faced by most of these locations is that they are remote and do not have sufficient scale or agglomerated activities to compete in a big way with firms and industries more centered in the perfumed parlors of global economy. The book has a number of contributions that address this topic head on and offer a variety of coping strategies and public policies that can be used to offset this disadvantage. In short, this is a great book because it hits a solid market in the globalization literature that has been minimally developed and it does it in a very interesting way.’
– Roger Stough, George Mason University, US
Contributors
Contributors: H.W. Armstrong, G. Bertram, N. Bjorksten, H.L.F. de Groot, T. Hazledine, B. Howell, L. Huskey, Ö. Karagedikli, R. Kulkarni, G.-J.M. Linders, S. Lipanovic, L. Marriott, P. McCann, L. Meriluoto, P. Nijkamp, J. Poot, R. Read, L. Schintler, G. Simmons, C. Smith, B. Walsh, U. Wickramasinghe
Contents
Contents: Preface Part I: Location, Information and Transactions 1. Peripherality in the Global Economy 2. Locality Matters: Myths and Facts on the New Economy 3. Geography, Transaction Costs and Economic Performance Part II: Connectivity and Spatial Interaction 4. Physically Isolated Nations, Trade and ‘Small-World’ Network Connectivity 5. Geographical Proximity and Economic Performance of Nations 6. Core-Periphery Linkages and Income in Small Pacific Island Economies 7. The Impact of Scale and Remoteness on New Zealand’s Industrial Structure and Firm Performance 8. Currency Unions and Gravity Models Revisited 9. Australia–New Zealand Border Effects and Trans-Tasman Integration Part III: Strategies 10. Small States and Island States: Implications of Size, Location and Isolation for Prosperity 11. Getting on to the Map of the Global Economy: The Case of Finland 12. From the Periphery to the New Economy: Paths and Roadblocks for Resource Regions 13. Ireland’s Economic Renaissance: The Success of a ‘Peripheral’ Economy 14. The State of E-Commerce in New Zealand Index
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