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GGR221 Lecture 1.docx

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Deborah Leslie

th GGR221 New Economic Spaces Lecture 1, Jan 6 Office hours Tuesday 1-3 Commodity chain paper: Manufacturing process, how, where, why, branded, marketed, consumption ethical or moral, stages stories to be told – tension, transnational vs local – distinct Sectors tied with each theory Primary Sector Manufacturing Tertiary Paternity Knowledge oriented industry Financial services/crisis - shift in governance Role of government – kenonism – neo-liberal – deregulation – privatization Globalized commodity chains – facilitated by trade regulation Stapes Theory – gas, oil, tar sands - Where is economic geography? Location of different types of economic activities, the economies of particular regions (inequality, nature of uneven development), and economic relationships between places  Where are goods and services produced?  How are those processes changing?  Under what conditions?  How is it that a good produced in one place ends up at another? By what means?  How new information, transportation, technology affect?  Who buys them? What kinds of ethical, knowledge do they have?  How has the production of goods and service evolved over time?  How might they evolve in the future given trends?  What is the appropriate role of governments?  Institutions mediate economic activities  What ,who, how, where, why and so what?  What are the implications for environment, worker, social justice, consumers? Distinct from economics – less abstract and generalizing Preoccupied with space – geography matters Krugman : transportation cost is fundamentally important a) Transpiration costs encourage manufacturers to locate close to other manufacturers - Components, parts needed all the time, natural tendency to locate close to manufacturers b) Makes region attractive to workers - Jobs offered, cheaper localized goods for consumers- cheaper transportation cost for own – wage, income saved c) Draws others manufacturers to be close to market d) Manufacturing concentrates in core area and supplies periphery (agricultural goods) – cumulative causation - Growth feeding more growth Central geographical concepts (Coe, Kelly, and Yeung, 2013) a) Location and distance - Fixed point on a grid - Absolute distance – latitude and longitude - Relative location – relationship between points or locations – measured in time – how much is the cost from A to B? constantly changing due to the advance of transportation – friction of distance – how hard is it in terms of cost from A to B – cost is reducing, time is reducing – by telecommunication, and transportation technology
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