The New Regional Economies

This volume offers a paradigm shift from the traditional perspective of the nation state as the economy to the concept of a national system of local economic regions, which thrive within a global context of mutuality and interdependence. The authors argue that the economic role of the nation state diminishes as the economy globalizes, political control becomes less effective, regional economies restructure and the competitive environment changes. The book explores the economic and political consequences of this fundamental change.