Tag Archives: globalization

Brexit Debate: Being Part of the European Global Macro-region Could be Vital for British Cities

May 13, 2016

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Thames and London City

Brexit enthusiasts argue that to maintain and improve its position in the world economy the UK doesn’t need to be part of the European Union. But research published in Changing Urban and Regional Relations in Europe: Europe as a Global Macro-region paints a different picture.

The two and a half year study* by Kathy Pain and Gilles Van Hamme with academics in the UK, Belgium, France, Italy, Bulgaria and Sweden, identifies for the first time just how functionally interconnected and integrated the European economic space really is. […]

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The End of Bretton Woods and the Future of the International Trading System – by Michael Trebilcock

January 22, 2015

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Since the 1944 Bretton Woods Agreement, international trade has been structured on a multilateral model.  But, as Professor Michael Trebilcock argues, without significant systemic changes the social and economic vision promoted by Bretton Woods may no longer be tenable.

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Can Income Tax Survive Globalization? By Reuven S. Avi-Yonah

January 20, 2015

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Recent headlines about the ability of rich corporations and individuals to avoid paying income tax raise concerns about the viability of taxing income in the age of globalization. Professor Reuven S. Avi-Yonah considers whether income tax has a future.

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Why do rural places still matter? – by Gary Paul Green

December 20, 2013

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African dirt roadMost countries are rapidly urbanizing. Rural-to-urban migration is often viewed as a means of improving economic opportunities for rural residents. Rural communities have an especially difficult time retaining youth because they often move to urban areas for social and cultural reasons as well. Technological advancements in agriculture have enabled farmers to grow more food and fiber, which has ultimately led to lower prices for urban consumers. This technological treadmill means, however, that fewer farmers are needed to grow more food. The decline in population and employment in rural areas seems to be part of a natural process of development. But this process is not “natural,” and there are reasons to be concerned about the decline of rural communities.

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Creating Competitiveness to spur Economic Performance: the Importance of Encouraging Entrepreneurship and Innovation – by David Audretsch

May 24, 2013

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photo credit: MAZZALIARMADI.IT via Flickr cc

There is virtual unanimity that most of the developed world has been suffering from an economic slowdown in recent years. Much of the policy debate, along with focus of the media and public, has been at the macroeconomic level. The result has been a preoccupation with the size of the stimulus and the adequacy of the federal deficit, or alternatively tax cuts at the federal level in the United States, and the fate of the Euro in Europe. The implication for cities, regions and states aspiring to improve their economic performance is that it is largely not in their hands but rather at the level of macroeconomic and monetary policy makers.

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