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Regional development disparities: A (fault) line in Britain

Ivan Rajic, Tuesday, 28 January, 1 pm, Lecture Block Room 1, Sidgwick Site

Regional development disparities: A fault (line) in Britain

(Ivan Rajic, Ph.D. Candidate in Development Studies) [Tuesday, 28 January 2014]

We usually think of economies either as related to states (“the British economy”, “the Chinese economy”), or to sectors (agriculture, manufacturing, services, and their various subsectors). This lecture will present an additional angle of analysis – that of the actual location of economic activities in their geographical space. Neoclassical economics actually has a fairly long tradition of exploring this topic, but this is very rarely a part of the standard undergraduate curricula. Even more neglected is the heterodox tradition. This lecture will briefly look at the first approach, and focus on the second, trying to answer question such as what happens in a capitalist economy when regions with different economic structures interact with each other. The experience of Britain is very pertinent to this topic, with its various regional inequalities, and will be used extensively in the lecture. 


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