Globalization and Economic Geography: The World is Curved, Not Flat

Posted: 17 Mar 2009

See all articles by Philip McCann

Philip McCann

University of Reading - Department of Economics

Date Written: November 2008

Abstract

This paper analyses the argument put that the world is becoming flatter from the perspective of economic geography and spatial economics. In order to do this, we consider the variety of empirical evidence available, much of which appears to be prima facie rather paradoxical. However, it is possible to reconcile all of the seemingly conflicting the evidence by adopting the argument that the global economy simultaneously exhibits trends towards both increasing globalization and localization. Cities are increasingly seen to be the critical context for growth. Using diagrams, we demonstrate that analytically the global economy is becoming even more curved.

Keywords: globalization, transactions, costs, cities, geography, F21, F23, R11, O33

Suggested Citation

McCann, Philip, Globalization and Economic Geography: The World is Curved, Not Flat (November 2008). Cambridge Journal of Regions, Economy and Society, Vol. 1, Issue 3, pp. 351-370, 2008, Available at SSRN: https://ssrn.com/abstract=1361416 or http://dx.doi.org/10.1093/cjres/rsn002

Philip McCann (Contact Author)

University of Reading - Department of Economics ( email )

Reading, RG6 6AA
United Kingdom
+44 (0)118 9314074 (Phone)

HOME PAGE: http://www.rdg.ac.uk/IEAS/staff/McCann.htm

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