ABSTRACT

This book offers a collaborative investigation of  the policies and practices which have redeveloped local and national economies in the aftermath of the global economic crisis which erupted in 2008. It explores 'localised' models of economic development, including problems of diversity and balance and the role of firms, industries and clusters, alongside comparative studies of policy responses to the crisis at local, regional and national levels 

Global Economic Crisis and Local Economic Development seeks routes for economic development in a post-crisis world. The roles of innovation, entrepreneurship, knowledge infrastructures, public policies, business strategies and responses, as well as global contexts and positioning are explored as investigative themes which run throughout the collection as a whole. This text brings together a range of international disciplinary experts from economics, geography, history, business and management, politics and sociology. Its coverage is comparative and global, with contributions focusing on the U.S., Japan, China, and India, as well as European contexts and cases.

This book is of value both for the intrinsic quality of its individual studies and for the contrasts and comparisons enabled by the collection when viewed as a whole. It has an accessible but rigorous style, making it ideal for a range of users including academics, researchers and students who study economic development and regional development.

chapter 2|18 pages

Creating local economic resiliance

Co-operation, innovation and firms' absorptive capacity

chapter 3|17 pages

Global economic crises and local fortunes

The case of Oxfordshire and Buckinghamshire

chapter 4|31 pages

Regional capabilities and industrial resiliency

Specialization and diversification dynamics in Lowell, Massachusetts

chapter 5|17 pages

From recession to re-industrialization

A case study of employment changes in North Carolina

chapter 6|25 pages

Institutional change, industrial logics, and internationalization

Growth of the auto and IT sectors in India

chapter 7|31 pages

A system abandoned

Twenty years of management, corporate governance and labour market reforms in Japan

chapter 10|25 pages

Addressing ‘strategic failure’

Widening the public interest in the UK financial and energy sectors