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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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    14. 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.
    15. 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.
    16. 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.
    17. 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.
    18. 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.
    19. 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.
    20. 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.
    21. 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.
    22. Federico Savini, 2021. "Towards an urban degrowth: Habitability, finity and polycentric autonomism," Environment and Planning A, , vol. 53(5), pages 1076-1095, August.
    23. Mia Gray & Michael Kitson & Linda Lobao & Ron Martin, 2023. "Understanding the post-COVID state and its geographies," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 16(1), pages 1-18.
    24. 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.
    25. 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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