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The first part of this chapter argues that the geographical origin, destinations, and mastery of economically useful knowledge have more profound impacts on the changing shape of development than do the issues of location and specialization used in the usual economic analysis. The rest of the chapter discusses standard approaches to the question of globalization and territory, the four levels of globalization, the internationalization of productivity, and price norms in routine contestable production.
Keywords: economic development; geographical distribution; globalization; internationalization; knowledge‐based economy
Chapter. 10028 words.
Subjects: International Economics
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