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Contemporary Crisis Across Europe and the Crisis of Regional Development Theories

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  • Costis Hadjimichalis
  • Ray Hudson

Abstract

Hadjimichalis C. and Hudson R. Contemporary crisis across Europe and the crisis of regional development theories, Regional Studies . This paper explores the prima facie puzzling issue of why so much contemporary theory in economic geography and regional planning - specifically New Economic Geography (NEG) and New Regionalism (NR) - has so little to say about the causes of the current post-2007 crisis and its geography globally and in Europe. It is argued here that this reflects its obsession with the regional 'success stories' of the 1970s and 1980s, its failure to appreciate the onset of crisis and the reasons for it in these regions in the 1990s, and its failure to appreciate the nature of capitalism as a crisis prone social system of combined and uneven development. Thus, the current economic crisis pushed dominant regional development theories into a homologous deep theoretical crisis. It is concluded that the time is ripe for a paradigm shift in theory and that this should involve a reconsideration of earlier theoretical approaches that fell out of fashion for a variety of intellectual and political reasons and of current radical social movements.

Suggested Citation

  • Costis Hadjimichalis & Ray Hudson, 2014. "Contemporary Crisis Across Europe and the Crisis of Regional Development Theories," Regional Studies, Taylor & Francis Journals, vol. 48(1), pages 208-218, January.
    • Handle: RePEc:taf:regstd:v:48:y:2014:i:1:p:208-218
    DOI: 10.1080/00343404.2013.834044
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    References listed on IDEAS

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    1. Ron Martin, 2001. "EMU versus the regions? Regional convergence and divergence in Euroland," Journal of Economic Geography, Oxford University Press, vol. 1(1), pages 51-80, January.
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    2. Ramona Pîrvu & Cristian Drăgan & Gheorghe Axinte & Sorin Dinulescu & Mihaela Lupăncescu & Andra Găină, 2019. "The Impact of the Implementation of Cohesion Policy on the Sustainable Development of EU Countries," Sustainability, MDPI, vol. 11(15), pages 1-20, August.
    3. Andy Pike & Andrew Cumbers & Stuart Dawley & Danny MacKinnon & Robert McMaster, 2015. "Doing evolution in economic geography," Papers in Evolutionary Economic Geography (PEEG) 1532, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Sep 2015.
    4. Betsy Donald & Mia Gray & Centre for Business Research, 2018. "The Double Crisis: In What Sense A Regional Problem?," Working Papers wp507, Centre for Business Research, University of Cambridge.
    5. Ron Martin, 2018. "Is British economic geography in decline?," Environment and Planning A, , vol. 50(7), pages 1503-1509, October.
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    7. Topaloglou Lefteris, 2020. "Spatial (in)justice and place-based strategies in innovation ecosystems: the case of the Alexander Innovation Zone in Thessaloniki," Bulletin of Geography. Socio-economic Series, Sciendo, vol. 49(49), pages 81-92, September.
    8. Pedro Sánchez-Zamora & Rosa Gallardo-Cobos, 2019. "Diversity, Disparity and Territorial Resilience in the Context of the Economic Crisis: An Analysis of Rural Areas in Southern Spain," Sustainability, MDPI, vol. 11(6), pages 1-21, March.
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    10. Stelios Gialis & Lila Leontidou & Michael Taylor, 2014. "Composite indicators of flexibilization across EU regions: a critical re-appraisal and interpretation," ERSA conference papers ersa14p513, European Regional Science Association.
    11. Robert Hassink & Etienne Nel & Jessie Smart & Tony Binns, 2017. "Resilience to Economic Shocks: Reflections from Zambia's Copperbelt," Growth and Change, Wiley Blackwell, vol. 48(2), pages 201-213, June.
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    13. Christofakis Manolis & Gaki Eleni & Lagos Dimitrios, 2019. "The impact of economic crisis on regional disparities and the allocation of economic branches in Greek regions," Bulletin of Geography. Socio-economic Series, Sciendo, vol. 44(44), pages 7-21, June.
    14. Gillian Bristow & Adrian Healy, 2018. "Innovation and regional economic resilience: an exploratory analysis," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 60(2), pages 265-284, March.
    15. Stelios Gialis & Michael Taylor, 2016. "A Regional Account of Flexibilization Across the EU: The ‘Flexible Contractual Arrangements’ Composite Index and the Impact of Recession," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 128(3), pages 1121-1146, September.
    16. Paulo Miguel Madeira & Mário Vale & Julián Mora-Aliseda, 2021. "Smart Specialisation Strategies and Regional Convergence: Spanish Extremadura after a Period of Divergence," Economies, MDPI, vol. 9(4), pages 1-19, September.
    17. Ron Martin & Flavia Martinelli & Judith Clifton, 2022. "Rethinking spatial policy in an era of multiple crises [An institutional perspective on regional economic development]," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 15(1), pages 3-21.
    18. Panagiotis Artelaris & Yannis Tsirbas, 2018. "Anti-austerity voting in an era of economic crisis: Regional evidence from the 2015 referendum in Greece," Environment and Planning C, , vol. 36(4), pages 589-608, June.
    19. Joanna Zielińska-Szczepkowska & Agnieszka Jaszczak & Jan Žukovskis, 2021. "Overcoming Socio-Economic Problems in Crisis Areas through Revitalization of Cittaslow Towns. Evidence from North-East Poland," Sustainability, MDPI, vol. 13(14), pages 1-27, July.
    20. Mustafa Cem KIRANKABEŞ & Abdullah ERKUL, 2019. "Regional knowledge production in Central and East European countries: R&D factor productivity and changes in performances," Eastern Journal of European Studies, Centre for European Studies, Alexandru Ioan Cuza University, vol. 10, pages 25-44, June.
    21. Federico Savini, 2021. "Towards an urban degrowth: Habitability, finity and polycentric autonomism," Environment and Planning A, , vol. 53(5), pages 1076-1095, August.
    22. Michael Storper, 2018. "Separate Worlds? Explaining the current wave of regional economic polarization," Journal of Economic Geography, Oxford University Press, vol. 18(2), pages 247-270.
    23. Christian Reiner & Maximilian Benner, 2022. "Cooperation bias in regional policy: Is competition neglected?," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 69(1), pages 187-221, August.

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