Economic Strategies for Mature Industrial Economies

Economic Strategies for Mature Industrial Economies

Edited by Peter Karl Kresl

The global economy has transformed during the last few decades. Though the changes have benefited some, many mature industrial economies have not been treated well by the changes they have seen and have been forced to adapt to dramatically altered circumstances. In this collection of original papers, economists and geographers from Asia, North America and Europe examine the policy initiatives that have succeeded in their countries.

Chapter 9: Northeastern US Cities and Global Urban Competitiveness

Ni Pengfei

Subjects: economics and finance, regional economics, urban and regional studies, cities, regional economics, urban economics


Ni Pengfei CONCEPTUAL FRAMEWORK AND METHOD OF ANALYSIS Today, with half of the world population living in cities, we are stepping into the era of urbanization, and the cities are becoming the main location for working and living. Since the 1990s, information technology and economic globalization have thoroughly altered the concepts of time and space, as well as decisions and arrangements concerning the global economy, technology and social activities. Global cities have become more and more important, and the international competition of the cities is also becoming more intensified. Improving the environment of cities, attracting more talent, industry, technology and investment to benefit the people, and promoting the global urban competitiveness have become the focus of mayors of all the cities in the world, the enterprise and all people. The Marketplace of Global Urban Competitiveness The global urban system is uneven in different regions. Not only do values differ in different cities, the value within a city declines from the center down to the suburban areas. In the urban industry system under global integration, the industry system and industries are hierarchical. There are changes and relocation. In the context of global integration, the operating factor systems differ from each other. They change continuously. Cities compete against each other and cooperate through the interaction among the factors of the environment system, industry system, and value system. A city fosters its functional structure system and derivative function system by attracting external factors and maintaining local factors. These determine its position in the...

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