Globalization and the Reshaping of Regional Economies: Favored Territories

Roberta Capello, Ugo Fratesi () and Laura Resmini
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Ugo Fratesi: Building Environment Science and Technology

Chapter Chapter 3 in Globalization and Regional Growth in Europe, 2011, pp 39-49 from Springer

Abstract: Abstract The previous chapter showed that the globalization of production is not just the off-shoring and outsourcing of production phases in developing countries; it no longer simply affects the division of labor between emerging and advanced countries, developed and developing economies; and it is no longer confined to the manufacturing industries: the majority of cross-border relationships directly regard advanced countries and take place in service sectors. These various factors explain that current changes in the form of globalization trends affect the division of labor of subnational economies within advanced countries, and regional economies increasingly compete to seize the opportunities offered by globalization.

Keywords: Regional Economy; Intermediate Good; Advanced Country; Foreign Affiliate; Entrepreneurial Spirit (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:spr:adspcp:978-3-642-19251-7_3

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DOI: 10.1007/978-3-642-19251-7_3

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