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Globalisation and local economic development: Place-based and bottom-up public policies in Switzerland and Mexico

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  • Eduardo I Palavicini Corona

    (589852Centre for Promoting Regional and Local Comprehensive Development, Naucalpan, Mexico)

Abstract

The XXI century has reached the end of its first 20Â years. Along the years, it has posed complex challenges to economists and economic geographers. For example, the results of elections and consultations in different countries have shown a strong sympathy with political positions that question the benefits of free international flows of goods, services, labour and capital. By the same token, some academics argue that despite international economics theory clearly acknowledges that free trade causes winners and losers, the expected higher gains have not been effectively used to compensate the losers. This article explores the main challenges of international economic integration in sub-national territories in Switzerland and Mexico to better understand the importance of delivering relevant and competent public policies based on territorial specificity.

Suggested Citation

  • Eduardo I Palavicini Corona, 2021. "Globalisation and local economic development: Place-based and bottom-up public policies in Switzerland and Mexico," Local Economy, London South Bank University, vol. 36(2), pages 98-114, March.
    • Handle: RePEc:sae:loceco:v:36:y:2021:i:2:p:98-114
    DOI: 10.1177/02690942211034378
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