The globalized economy depends critically on local and context-specific factors.
Globalization has varying impacts according to the institutional settings and knowledge resources through which its processes must work their way.
At the same time, local differences are crucial to explaining a country's competitiveness in the global marketplace.
The contributions to this edited volume address local-global nexuses in economics.
An introductory chapter provides a way into the various debates over theory and methodology.
This is followed by a series of case studies examining local-global interactions in specific localities across the world, in both developed and developing economies.
Further case studies examine the issues of context and proximity from the perspectives of global firms such as Microsoft.
Together, the chapters build up a prospectus on how best to create 'globally capable localities'.
This book is essential reading for all interested in economic development and economic geography, as well as all those involved professionally in local and regional development.