The market is the central institution of the global economy, driving the development that has so dramatically improved living standards for many of the world's people over the past two centuries. But the market has also helped to keep many other people in poverty, and it has played a major role
in the ongoing degradation of the environment. In Economic Geography: An Institutional Approach, Roger Hayter and Jerry Patchell offer a comprehensive introduction to the study of economic activity in place and across space, centred on the interplay of the economic, social, and political
institutions that do so much to determine the quality of life in a particular place: from its economic efficiency to the degree of social equity it enjoys and its position in what is now a global economic system. Perfect for courses in economic geography, the text provides both a solid foundation in
the location dynamics of value chains and a perspective that recognizes the interdependence of places, institutions, activities, and ways of life around the world.
Publisher's Preface
Introduction: An Institutional Approach to Economic Geography
Part 1: Markets in Place, Space, and Time
1. Markets in Place and Space
Perfect Competition
Market Coordination
Market Governance
Conclusion
2. The Spatial Division of
Labour
Spatial Value Chains and Economies of Scale and Scope
Globalization
Conclusion
3. Evolution, Innovation, and Inequality
Innovation as a Social Process
Techno-economic Paradigms
The Changing Geography of Innovation
Innovation and Global Inequality
Conclusion
Part 2: Institutional Pillars of Modern Space Economies
4. Business
Business Organization, Independence, and Integration
Business Segmentation
Location Dynamics
Conclusion: Business and the Spatial Division of Labour
5. Labour
The Nature of
Labour Markets
Toward Flexible Work Cultures and Segmentation
Labour Market Failures and Challenges
Conclusion: The Dignity of a Job
6. Government
The Principles and Budgetary Powers of Governments
National Governments and Economic Strategies
Local and Regional
Development Policies
Conclusion
7. Non-Profit Organizations
The Diversity of Non-Profits
The Roles of Non-Profits
Global-Local Dynamics of NGO Activism
Social Capital and Development
Conclusion
Part 3: Location Dynamics of Value Chains
8. Energy
and Mineral Resources
Geographic Randomness and Realities
The Resource Cycle Meets the Value Cycle
Resource-Based Development
Conclusion
9. Agriculture
Local and Global Markets, Disparities, and Dilemmas
Organization: From Old McDonald's to McDonald's
Regional
Renewal and Relocalization
Conclusion
10. Manufacturing
The Shifting Geography of Manufacturing
Value Chain, Product Cycles, and Spatial Integration
Embedding Manufacturing: Clustering and Congregation
Conclusion
11. Services
Defining Services
Consumer
Services
Producer Services
Publics Goods: Health and Education
Conclusion
12. Transportation and Communication Networks
Network Economies
Network Costs, Pricing, and Location
Transportation, Communication, and Scale
Conclusion
13. Consumption
Demand:
Decision-Making and Decision-Taking
Space Pervaders and Netvigaters
Consumption in Place
Conclusion
14. Cities
Cities as Agglomerations
Systems of Cities
The City as System
Conclusion
Glossary
Index
Test Bank
PowerPoint Slides
Assignments for Students
Table/Figure/Image Bank
Exhibit Boxes from Book (Case Studies)
Dr Roger Hayter is professor and chair in the Department of Geography at Simon Fraser University. Dr Hayter has written numerous papers and books. He was given the Award for Scholarly Distinction by the Canadian Association of Geographers in 1999, and served as Editor of The Canadian
Geographer from 2006 to 2008.
Dr Jerry Patchell is associate professor in the Social Science Division at the Hong Kong University of Science and Technology. He hasn't written as many papers or books as Roger, but he isn't as old either.
Canadian Oxford World Atlas - Edited by Quentin Stanford
The Geography of the World Economy - Paul Knox, John Agnew and Linda McCarthy
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