19/03/2009

World Band and Economic Geography

The latest World Bank development report, that focused on Economic Geography, has been making some waves around the world. One of the main issues is that the World Bank experts have been advising countries that policies promoting the spatial distribution of wealth may hinder growth. Instead they have been arguing for policies that promote its concentration.

See as examples of reactions the following news stories:

Spreading out economic activity can hurt growth (Nepal)

Govts must promote economic integration (Nepal)

The world is not flat (India)

Governments must promote mobility of people: World Bank (India)

In news.google.com you can search for more as this is only a sample.

Also I add a story not directly linked with this report but still reflecting on the new geography of work in India and the importance of urbanization:

India's new geography of work

If you prefer academic work The Cambridge Journal of Regions, Economy and Society published a special issue entitled: 'The World is not Flat; Putting Globalisation in its Place' in November 2008. It can be accessed here, although you'll need a subscription to read the articles.