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
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
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) –
- 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