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On the Edge of the Global Economy contends that despite growing global economic integration, some nations continue to be disadvantaged by remoteness, low connectivity, a small-scale economy and low population density. The book concludes that these economies may nonetheless have significant potential, for example through offering an attractive natural environment, a pleasant climate, various types of niche production and customised services that can lure footloose firms and mobile workers.The contributors review the issues and assess the empirical evidence regarding the various opportunities and challenges facing small remote economies in the global economy. They find that locality and proximity still matter, but that the global economic configuration also offers new opportunities to peripheral nations. Expanding the literature on a somewhat neglected aspect of globalisation, this book will be of great interest to economists, geographers and other researchers specialising in globalisation and related topics. In addition, it will be very useful to policymakers in small remote economies.
Edited by Jacques Poot, National Institute of Demographic and Economic Analysis, University of Waikato, Hamilton, New Zealand
Contents: Preface Part I: Location, Information and Transactions 1. Peripherality in the Global Economy 2. Locality Matters: Myths and Facts on the New Economy 3. Geography, Transaction Costs and Economic Performance Part II: Connectivity and Spatial Interaction 4. Physically Isolated Nations, Trade and ‘Small-World’ Network Connectivity 5. Geographical Proximity and Economic Performance of Nations 6. Core-Periphery Linkages and Income in Small Pacific Island Economies 7. The Impact of Scale and Remoteness on New Zealand’s Industrial Structure and Firm Performance 8. Currency Unions and Gravity Models Revisited 9. Australia–New Zealand Border Effects and Trans-Tasman Integration Part III: Strategies 10. Small States and Island States: Implications of Size, Location and Isolation for Prosperity 11. Getting on to the Map of the Global Economy: The Case of Finland 12. From the Periphery to the New Economy: Paths and Roadblocks for Resource Regions 13. Ireland’s Economic Renaissance: The Success of a ‘Peripheral’ Economy 14. The State of E-Commerce in New Zealand Index
'This book is a worthwhile read by regional scientists and those from related fields. The authors pay considerable attention to the changing world order given rapid changes in information technology and the resultant economic changes. They provide a timely look at how remote areas fit into this new world order and at the same time offer a contemporary perspective on traditional location theory.'