Theoretical Reflections on Cities and Regions in Global Market
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This paper theoretically explores the features of cities and regions in global market in terms of (1) shift from managerialism to entrepreneurialism in urban governance, (2) place marketing (production of an urban image) and reality of entrepreneurial city, (3) competitive advantage, (4) flexible specialization, just-in-time systems, new localized geographies of production, and (5) global restructuring and local response. Cities are not spiritless pawns of globalization but actively mediate and carve out their own future by exploiting their comparative advantages on the basis of local cultural, social, and political characteristics. More emphasis should be laid on the importance of local context variables and local political processes which create differences in policy outcomes between cities. It is necessary to synthesize the restructuring both at the micro-scale level and at the macro-scale level in order to understand contemporary global restructuring. There is a possibility that the advent of an informational society can deepen the inequality of space. An important question facing geographers is what will happen to the places marginalized by the global network and technological revolutions.
Abstract
This paper theoretically explores the features of cities and regions in global market in terms of (1) shift from managerialism to entrepreneurialism in urban governance, (2) place marketing (production of an urban image) and reality of entrepreneurial city, (3) competitive advantage, (4) flexible specialization, just-in-time systems, new localized geographies of production, and (5) global restructuring and local response. Cities are not spiritless pawns of globalization but actively mediate and carve out their own future by exploiting their comparative advantages on the basis of local cultural, social, and political characteristics. More emphasis should be laid on the importance of local context variables and local political processes which create differences in policy outcomes between cities. It is necessary to synthesize the restructuring both at the micro-scale level and at the macro-scale level in order to understand contemporary global restructuring. There is a possibility that the advent of an informational society can deepen the inequality of space. An important question facing geographers is what will happen to the places marginalized by the global network and technological revolutions.
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