ABSTRACT

Regional trajectories in a globalized economy According to Giddens (1990:21) our modern age is characterized by increasing spatial and temporal “distanciation” and by the disembedding of social relationships from their locally bound contexts of interaction. This disembedding and increased distanciation is largely brought about by money and by “systems of technical accomplishment or professional expertise”, which Giddens refers to as expert systems. Thus, Giddens perceives globalization as a central element of our modern age.1