Urban and Regional Prosperity in a Globalised New Economy
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Urban and Regional Prosperity in a Globalised New Economy

Edited by Roger Sugden, Rita Hartung Cheng and G. Richard Meadows

There is currently a popular view that the world is undergoing profound changes in the fundamental relationships upon which it is organised. In particular, there is widespread talk of a ‘globalised’ economy, facilitated by and associated with ‘new’ technologies and practices. There is a further consensus that within this ‘globalised’, ‘new’ economy, regionalisation in some form is important. The aim of this volume is to address these topical issues, presenting perspectives from which they can be analysed and exploring specific aspects in greater detail. The contributors provide a framework for understanding current trends, and suggest approaches that highlight appropriate ways forward in the context of both opportunities and dangers. In doing so, they discuss specific cases and explore detailed policy possibilities, including the prospect of stimulating change through multinational engagement and debate.
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Chapter 1: Economic 'prosperity' and 'globalisation': an agenda and perspective

Roger Sugden and James R. Wilson


1. Economic ÔprosperityÕ and ÔglobalisationÕ: an agenda and perspective Roger Sugden and James R. Wilson* 1. INTRODUCTION The principal aim of this volume is to provide interesting insights into the determinants of urban and regional prosperity in a ÔglobalisedÕ, ÔnewÕ economy. This is a subject that raises numerous issues that can be addressed from many dimensions. The intention is not to be exhaustive, rather it is to contribute to a better understanding of possible ways forward by analysing particular topics. In doing so, the volume uses examples drawn from experiences throughout the world, although it concentrates (especially in Part III) on the case of Wisconsin. As a starting-point, the contributors Ð and more generally the participants at the Second LÕinstituteÐMilwaukee Workshop from which the volume is derived Ð were asked to consider topics from a set of questions. These were identified out of an assessment of the past, present and future for Wisconsin manufacturing in the globalised economy. The questions drew very heavily on Nichols (2000), a slightly revised version of which is published as Chapter 10 of this volume. The organisers of the workshop prepared the questions.1 Several key issues were highlighted as the overlapping and interrelated themes around which analysis was structured and on which contributions were requested. These and some of the questions that they suggest are outlined in Section 2 of this chapter. In part, the objective of reproducing the startingpoint in Section 2 is to position subsequent contributions to the volume explicitly in the broader...

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