ABSTRACT
One of the mysteries of the new economy is why space, place and distance continue to matter. Paradoxically as the power of communications has increased so has the concentration of high level economic activities in a small number of highly interconnected locations. Correspondingly a new economic landscape has emerged consisting of global cities and global city regions, which collectively could be termed superstar regions, with lower order centres, industrial and agribusiness districts, in between, as well as areas of industrial dereliction and rural regions largely bypassed but not unaffected by the global flows.
