THE NEW REGIONAL ECONOMIES: THE U.S., COMMON MARKET AND THE GLOBAL ECONOMY

Barnes, William R & Ledebur, Larry C

ISBN 10: 0761909397 / ISBN 13: 9780761909392

Published by Sage, 1998

About this Item

189pp.

Seller Inventory # 020226

Bibliographic Details

• Title: THE NEW REGIONAL ECONOMIES: THE U.S., COMMON MARKET AND THE GLOBAL ECONOMY
• Publisher: Sage
• Publication Date: 1998
• ISBN 10: 0761909397
• ISBN 13: 9780761909392
• Binding: Paperback
• Condition: Good+
• Seller catalogs:
  • Economics

About this title

Synopsis

Traditionally, we take a nationalist view of our economy. Our politics and economics are wedded in the political economy of the nation state and the nationalist economic policies. This "nationalist paradigm" is, however, showing signs of fatigue: The role of the nation state is diminishing as the economy globalizes; our national accounting systems are less effective, technology forces change; trading blocs are emerging; there is less control of exchange rates; regional economies are restructuring; and competitive environments are changing. This book poses that political jurisdictions are not economies but polities, and explores the complex and important economic implications of this thesis. In reality, metropolitan-centered economic regions are the basic economic units and the building blocks of the U.S. economy. The linked, interdependent system of local economic regions form the U.S. Common Market, which in turn thrives within a global context of mutuality and interdependence. William R. Barnes and Larry C. LedeburĘs paradigm shift from the "nation as the economy" to the "national system of local economic regions" changes the framework in which we think about governance and policy and puts this book at the forefront of U.S. economic thought.