Overview

Economic Geography: An Institutional Approach provides a comprehensive study of the economic activities of markets in place and space. The distinctiveness of this book is in its institutional approach towards understanding how place and space shape economic processes. The text argues that the market is the central institution of modern economies, all at once driving economic development while also generating problems such as poverty and environmental degradation. From this perspective, markets are therefore deeply influenced by big business, labour, governments, and non-profits, and these institutions of the space economy provide a basis for exploring the location dynamics of value chains and value cycles in the resource, agricultural, manufacturing, service, communication, consumption, and urban sectors. The only text of its kind, this book examines the role of economic geography from a markedly Canadian perspective on a national and global scale.

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9780195433791

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The readability of this book far exceeds anything that I have used in my course. The themes of place and space are front and centre throughout.... I also liked the balanced approach, [drawing on] both the classical material and more recent approaches to the study of spatial economic systems and development. --Brian Lorch, Lakehead University

the institutional focus of the Hayter and Patchell book provides an inspiring, sophisticated and timely framework for interpreting economic dynamics in a spatial perspective. Martina Fromhold-Eisebith, Regional Studies

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