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Time Horizons and the Institutional Underpinnings of Local Development

Aleksander Surdej

Chapter 1 in Regional Diversity and Local Development in the New Member States, 2009, pp 31-42 from Palgrave Macmillan

Abstract: Abstract In recent decades growing economic openness and rapid technological changes have seemed to undermine the capacity of the state, and of public authorities in general, to modify the course of economic development as the increasing mobility of capital, the increased size of trade flows, the importance of transnational corporations and the speed of technological developments have sources and consequences that outflank the jurisdiction of any single state.

Keywords: Time Horizon; Time Perspective; Local Development; Local Economic Development; Modern Economy (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-24701-7_2

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DOI: 10.1057/9780230247017_2

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