Economic Geography: An Institutional Approach

by Roger Hayter, Jerry Patchell

The market is the central institution of the global economy, driving the development that has so dramatically improved living standards for many of the world's people over the past two centuries. But the market has also helped to keep many other people in poverty, and it has played a major
role in the ongoing degradation of the environment. In Economic An Institutional Approach, Roger Hayter and Jerry Patchell offer a comprehensive introduction to the study of economic activity in place and across space, centred on the interplay of the economic, social, and political
institutions that do so much to determine the quality of life in a particular from its economic efficiency to the degree of social equity it enjoys and its position in what is now a global economic system. Perfect for courses in economic geography, the text provides both a solid foundation in
the location dynamics of value chains and a perspective that recognizes the interdependence of places, institutions, activities, and ways of life around the world.

388 pages, Paperback

First published April 25, 2011