ABSTRACT
The spatial reorganization of post-Fordist production as influenced by the new international division of labour (NIDL) has produced a major geo graphical shift in employment opportunities at national and global scales. The first dynamic of this new geography of production is the growing spa tial mismatch between the locations of production on the one hand and the locations of consumption and capital accumulation on the other (see also Dicken 1998, pp. 73-114; Barff 1995). Production has experienced a sig nificant shift from old established industrial regions in the more developed countries (MDCs) to new ones, attracted by cheap labour pools and overall production costs, especially in less developed countries (LDCs). Consump tion and capital accumulation have remained essentially anchored in the same prosperous regions of MDCs. This has made labour pools in rich in dustrial regions vulnerable to deindustrialization, down-sizing, and the re sulting loss of employment in manufacturing and the downward levelling of wages. Concurrently, those regions also experienced tremendous growth in accumulation of capital by transnational corporations (TNCs) that reaped rewards from the restructured system of a flexible and globalized produc tion. This contemporary dynamic in the growing spatial mismatch between production and consumption in the NIDL is contrasted with the high degree of spatial co-location of production, consumption and capital accumulation in MDCs that was characteristic of the old international division of labour
(OIDL). In other words, MDCs are beginning to experience some of the same mismatch between production and consumption that LDCs have ex perienced as primary staple exporters (Todaro 1994).
