Wednesday, March 04, 2015

Global London and the Geography of Prosperity

Globalization appears to be tearing apart Britain. Second-tier cities must find their inner London and pull the country back together.

Theme: Globalization and economic development

Subject Article: "Disunited Kingdom: London in a world of its own."

Other Links: 1. "Pay gap between London and rest of UK narrows."
2. "Manchester: UK’s new order? The city’s extraordinary resurgence is the best model for closing the north-south economic divide."

Postscript: For me, globalization is all about the Rust Belt. The typical narrative blames globalization for the decline of manufacturing. The Rust Belt is the Rust Belt because globalization avoided the region. Where you find poverty, you won't find globalization.

1 comment:

Anonymous said...

Jim --- Thought you'd be interested in this article. http://www.nytimes.com/2015/03/05/upshot/what-is-the-next-next-silicon-valley.html?smid=fb-nytimes&smtyp=cur&bicmp=AD&bicmlukp=WT.mc_id&bicmst=1409232722000&bicmet=1419773522000&abt=0002&abg=1