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The Limits to Globalization Theory: A Geographic Perspective on Global Economic Change

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  • Henry Wai-chung Yeung

Abstract

The nature of globalization and global economic change has been a subject of immense academic research during the past two decades. The Janus face of globalization, however, continues to obfuscate our understanding of its complex processes and alleged geographic outcomes. In this article, I theorize on the indispensable role of geography in conceptualizing economic globalization. I argue that economic globalization is an inherently geographic phenomenon in relation to the transcendence and switchability of geographic scales and discursive practices as sociospatial constructions. Given its complex spatiality, economic globalization is more a phenomenon in need of explanations than a universal cause of empirically observable outcomes in the so-called globalization theory. To illustrate my theoretical claims, I analyze the complex interrelationships between globalization processes and the recent Asian economic crisis. Some implications for future globalization research in geography are offered.

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  • Henry Wai-chung Yeung, 2002. "The Limits to Globalization Theory: A Geographic Perspective on Global Economic Change," Economic Geography, Taylor & Francis Journals, vol. 78(3), pages 285-305, July.
    • Handle: RePEc:taf:recgxx:v:78:y:2002:i:3:p:285-305
    DOI: 10.1111/j.1944-8287.2002.tb00188.x
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    Cited by:

    1. Melanie Feakins, 2007. "Off and Out: The Spaces for Certification—Offshore Outsourcing in St Petersburg, Russia," Environment and Planning A, , vol. 39(8), pages 1889-1907, August.
    2. Bae‐Gyoon Park, 2008. "Uneven Development, Inter‐scalar Tensions, and the Politics of Decentralization in South Korea," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 32(1), pages 40-59, March.
    3. Rugman, Alan M. & Oh, Chang Hoon, 2010. "Does the regional nature of multinationals affect the multinationality and performance relationship?," International Business Review, Elsevier, vol. 19(5), pages 479-488, October.
    4. Yong-Sook Lee & Brenda S. A. Yeoh, 2004. "Introduction: Globalisation and the Politics of Forgetting," Urban Studies, Urban Studies Journal Limited, vol. 41(12), pages 2295-2301, November.
    5. Yong-Sook Lee, 2004. "Debt Restructuring and the Politics of Exclusion: A Case Study of the Daewoo Motor Bupyeong Plants in Incheon, South Korea," Urban Studies, Urban Studies Journal Limited, vol. 41(12), pages 2395-2414, November.
    6. Eunyeong Song & Douglas R. Gress & Edo Andriesse, 2020. "Global Production Networks and (Distributional) Regional Development: The Cinnamon Industry in Karandeniya and Matale, Sri Lanka," Journal of South Asian Development, , vol. 15(2), pages 209-237, August.

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