Contentious Global Issues
- Elgar original reference
Edited by H. S. Geyer
Chapter 4: The Evolving Urban Economic Landscape: Trends in the Past and Present, from Local to Global
4 The evolving urban economic landscape: trends in the past and present, from local to global1 H.S. Geyer Introduction Although some are questioning globalization’s existence or relevancy (Douglas and Wind, 1987; Beinart, 1997), most regard it as a growing force in the development of economies all over the world. Certainly, no one can today deny globalization’s eﬀect on the industrial landscape of the world with any measure of conviction. It is visible and it is real. But globalization is not a recent phenomenon, it has always been there. Only its eﬀects were not as visible and overwhelming as it has become in recent years. In fact, for a long time its eﬀect was almost undetectable, inﬁltrating our economic environment quietly, systematically and incrementally. Only when one really thought about it would one realize what aﬀect it had on one’s life. This was until the personal computer and communication satellites came. Then, everything changed. Cyberspace exploded. It changed our perceptions about geographic space. It infected our personal lives and invaded our economic space, made it more deﬁned, purposeful, eﬃcient, faster, bigger, and above all, more visible. As Batty (1993, p. 615) said: it is ‘layered on top of, within and between the fabric of traditional geographic space’. Initially some thought that globalization would cause the collapse of geographic space, that economically speaking, it would ﬂatten the world and shrink space to such an extent that friction of distance would eventually become an insigniﬁcant...
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