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Globalization and the Reshaping of Regional Economies: Favored Territories

In: Globalization and Regional Growth in Europe

Author

Listed:
  • Roberta Capello

    (Building Environment Science and Technology)

  • Ugo Fratesi

    (Building Environment Science and Technology)

  • Laura Resmini

    (Università della Valle d’Aosta)

Abstract

The previous chapter showed that the globalization of production is not just the off-shoring and outsourcing of production phases in developing countries; it no longer simply affects the division of labor between emerging and advanced countries, developed and developing economies; and it is no longer confined to the manufacturing industries: the majority of cross-border relationships directly regard advanced countries and take place in service sectors. These various factors explain that current changes in the form of globalization trends affect the division of labor of subnational economies within advanced countries, and regional economies increasingly compete to seize the opportunities offered by globalization.

Suggested Citation

  • Roberta Capello & Ugo Fratesi & Laura Resmini, 2011. "Globalization and the Reshaping of Regional Economies: Favored Territories," Advances in Spatial Science, in: Globalization and Regional Growth in Europe, chapter 0, pages 39-49, Springer.
    • Handle: RePEc:spr:adspcp:978-3-642-19251-7_3
    DOI: 10.1007/978-3-642-19251-7_3
    as

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