Summary of Regions and the World Economy

The Coming Shape of Global Production, Competition and Political Order

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Regions and the World Economy book summary
The city-state will rise again, only now we’ll call it a region, and these regions will become the dominant organizing unit of the world’s economy — so be sure you live in, and invest in, a good one.


7 Overall

5 Applicability

9 Innovation

5 Style


Allen J. Scott’s short, scholarly book makes a compelling case for the future growth of regional economies and explains the key role they are likely to play in shaping future global political and economic development. Though written in dense, academic language, the book makes its points clearly and supports them with research, theory and statistics. Scott’s guidelines for ’regional directorates’ reflect many experiments that are already under way around the world, and seeks to capture the best features of each. If his basic idea is correct, then a conscious effort to build regional institutions should speed economic development and reduce world economic stresses. This book is heavy reading, but it is concise and to the point. getAbstract recommends it to executives in multinational corporations, entrepreneurs thinking about where to locate, urban planners, civic leaders and government officials - in short, anyone who wants to promote or profit from regional economic development.

In this summary, you will learn

  • Why the growing importance of regions is threatening to dismantle the sovereign state
  • How regions act to preserve and enhance their advantages
  • Why regional development requires a centralized directorate


A Patchwork of Regions
At the same time that the world seems to be shrinking in the new global order, geography is becoming more significant in human affairs. Mankind is facing a new socio-spatial duality, made up of a patchwork of differentiated regions interacting globally.
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About the Author

Allen J. Scott is a professor in the Departments of Policy Studies and Geography at the University of California, Los Angeles. He is the author of three other books: : Metropolis, New Industrial Spaces and Technopolis.

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