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The Cultural Imperatives of Globalization: Urban Economic Growth in the 21st Century

Author

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  • Jack N. Behrman

    (University of North Carolina-Chapel Hill)

  • Dennis A. Rondinelli

    (University of North Carolina-Chapel Hill)

Abstract

The progressive opening of national economies in advanced developing, and transforming countries is reducing the intervention of national policies on trade and investment. Consequently, the responsibility for attracting foreign direct investment will devolve jointly on national, state, and local governments. Although national governments can enhance the country's attraction to foreign investors, the actual location will depend on the attractiveness of the community or city itself It will be up to those in charge of urban development to see that the conditions are conducive to foreign management and to location of economic activity. These conditions include not only the old standbys of a "favorable investment climate" but increasingly today cultural characteristics that will make the community attractive to sophisticated management and professional people. The challenge for most cities is to change their culture to make it more competitive and attractive.

Suggested Citation

  • Jack N. Behrman & Dennis A. Rondinelli, 1992. "The Cultural Imperatives of Globalization: Urban Economic Growth in the 21st Century," Economic Development Quarterly, , vol. 6(2), pages 115-126, May.
    • Handle: RePEc:sae:ecdequ:v:6:y:1992:i:2:p:115-126
    DOI: 10.1177/089124249200600201
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    Cited by:

    1. Ramin Keivani & Ali Parsa & Stanley McGreal, 2001. "Globalisation, Institutional Structures and Real Estate Markets in Central European Cities," Urban Studies, Urban Studies Journal Limited, vol. 38(13), pages 2457-2476, December.
    2. Ron Shaffer & Steve Deller & Dave Marcouiller, 2006. "Rethinking Community Economic Development," Economic Development Quarterly, , vol. 20(1), pages 59-74, February.
    3. João M. Santos & Hugo Horta, 2015. "The generational gap of science: a dynamic cluster analysis of doctorates in an evolving scientific system," Scientometrics, Springer;Akadémiai Kiadó, vol. 104(1), pages 381-406, July.
    4. Dennis A. Rondinelli & Gyula Vastag, 1997. "Analyzing the International Competitiveness of Metropolitan Areas: The MICAM Model," Economic Development Quarterly, , vol. 11(4), pages 347-366, November.
    5. K.C. Ho, 2000. "Competing to be Regional Centres: A Multi-agency, Multi-locational Perspective," Urban Studies, Urban Studies Journal Limited, vol. 37(12), pages 2337-2356, November.

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