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Développement local et globalisation

Author

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  • Jean-Luc Gaffard

    (OFCE - Observatoire français des conjonctures économiques (Sciences Po) - Sciences Po - Sciences Po)

Abstract

New economic geography maintains the relevance of core – periphery models and considers regional inequalities as necessary for sustaining growth and, in given circumstances, welfare. However, this basic proposal can be reversed. Local development is always possible, whatever the initial conditions, once both internal and external complementary relationships have reached a given threshold. Moreover, these relationships make it consistent to have both a higher growth rate, locally and globally, and a rather equal development among regions. In this perspective, regional policies should be devoted to foster the growth process. Rather than focus on technologies and institutions, they have to deal with co-ordination issues, that is, with the amplitude and the direction reaction to disequilibria that inevitably happen. Thus they have to help maintaining the complementary relationships at the regional and interregional levels.

Suggested Citation

  • Jean-Luc Gaffard, 2005. "Développement local et globalisation," Post-Print hal-03389304, HAL.
    • Handle: RePEc:hal:journl:hal-03389304
    DOI: 10.3917/reof.094.0017
    Note: View the original document on HAL open archive server: https://sciencespo.hal.science/hal-03389304
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