Global Economy in Transition, The, 2/e
Brian J. Berry, University of Texas, Dallas
Edgar C. Conkling, SUNY Buffalo
D. Michael Ray, SUNY Buffalo
Published October, 1996 by Prentice Hall Engineering/Science/Mathematics
Copyright 1997, 498 pp.
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This introductory text thoroughly
explores the processes now driving globalization, their consequences
for the structure of the world economy, and the concepts needed to
understand what is unfolding.
NEWEmphasizes transition the replacement
of a global system that prevailed until 1980 by a new world order
driven by both technological and political forces.
NEWDraws together systematically the current
understanding of the radical shifts now underway in the international
economy, including the newly emergent theories of location and
NEWReshapes the text into 12 chapters organized
around the theme of globalization.
NEWCh. 1 explores the role of political and
technological changes in the worldwide triumph of markets, the
role of multinational enterprise in the process of globalization,
and the emergent bases of competitive advantage.
NEWCh. 2 examines the declining role of the
nation-state and the continuing reinforcement of cultural differences
at both civilizational and regional scales.
NEWChs. 3-5 focus on the declining role of
the original factors of production, population and resources, in
NEWChs. 6-10 present the resulting shifts
in locational choice and regional specialization:
NEWChs. 11-12 consider the consequences of
increasing specialization and interdependence the new forms
of global transactions that are replacing the older geography of world
- Elementary price theory leads to a discussion
of rents, to the decline of Thünenization in the face of plummeting
transportation cost, and to the ascendance of Ricardian Development
in a world of created resources.
- Elementary comparative cost theory leads to a
discussion of scale and externalities and to the role of increasing
returns in the new geography of concentration.
- Elementary long-wave theory leads to a discussion
of the role of the new information technologies in corporate downsizing,
to the emergence of decentralized networks of interdependent specialists,
and to the appearance of the world of telework.
NEWDefines all terms in a glossary.
Provides objectives, boxed highlights, lists of terms,
suggested readings, and discussion topics for each chapter.
1. The Forces Promoting Globalization.
2. The Factors Reinforcing Regionalization.
3. Population: The Ultimate Resource.
4. Food Supplies: A Limit to Growth?
5. Energy, Minerals, and the Environment.
6. Price and Other Mechanisms for Regulating Exchange.
7. Rent Gradients, Land Use, and the Structure of Global
8. Comparative Costs and the Geometry of Industrial Location.
9. Scale, Externalities, and Agglomeration: The Evolving
Structure of Global Industry.
10. Technology Transitions and Patterns of Growth.
11. Patterns and Dynamics of Global Economic Transactions.
12. Trade Regimes and Global Development.