In the United Kingdom, for example, the sheer overwhelming dominance of London makes it extremely for provincial cities to develop more than a very restricted financial function. London, in that sense, is akin to the notorious upas tree, a fabulous Javanese tree so poisonous that it destroys all life for many miles around itself.
Peter DickenIt is indeed paradoxical that an industry which epitomizes all that is new and up-to-date at the same time harbours some of the oldest and least desirable attributes of work in manufacturing industry.
Peter DickenTransnational corporate networks, and their resulting spatial patterns, are always in a continuous state of flux. At any one time, some parts may be growing rapidly, others may be stagnating, others may be in steep decline.
Peter DickenIt remains to be seen, for example whether China can continue to develop as a market economy while still retaining an authoritarian communist political system.
Peter DickenThe primary driver of final consumer demand is, of course, the level of disposable income.
Peter DickenOne of the most striking trends, since at least the 1960's, has been for employment in services to grow far more rapidly than employment in manufacturing. It is this trend that has led to the view that developed economies have become de-industrialized and that they are now effectively service economies.
Peter Dicken