Geographies of economic transformation
In Chapter 7 we largely focused on economic restructuring in EMCs consequent upon trade and financial liberalization. The literatures of such restructuring are closely linked to the discipline of economics and, in particular, macroeconomic theory, which focuses on the geographical scale of the state. Economic geographers, however, are also concerned with how policy change at the national level impacts upon subnational, regional and local spaces. This chapter will explore how economic liberalization is influencing not only national but also regional and local geographies of transformation and transition in EMCs.