21210419 - Local economies in a globalized world

This course aims to provide students with an in-depth understanding of key conceptual tools for the economic analysis of cities and regions in the globalized word, as well as for the corresponding development policies.
The course is declined along three directions: regional economics theories, regional policies, and empirical applications in regional economics and policies.

Curriculum

teacher profile | teaching materials

Mutuazione: 21210419 Local economies in a globalized world in Economia dell'ambiente, lavoro e sviluppo sostenibile LM-56 GIUA MARA

Programme

Over the past decades the importance of cities and regions has increased in parallel with
the ‘globalisation’ of the world economy. The expansion of trade, the internationalization
of firms, the galloping process of outsourcing, and the emergence of digital technologies
are not creating a 'flat world’. Numerous forces are coalescing in order to provoke the
emergence of urban 'mountains' where wealth, economic activity, and innovative capacity
agglomerate.
Not all regions have the same capacity to maximize the benefits and opportunities and
minimize the risks linked to globalization. Not all regions will experience successful
recovery and resilience trajectories.
The course aims to provide students with an in-depth understanding of key conceptual
tools for the analysis of local economic development and policies. Lectures, seminal
focuses and practical classes will drive students in analyzing why and how local
trajectories of development can be so different and how to ensure that they are virtuous.

Conceptualization of regional growth and local development
Neo-classical approach and the regional convergence debate
Local economic development: institutions, innovation, proximities, competitiveness
Regional Policies: motivation, implementation, and impacts
Empirical analysis of regional economics and policies: data and measurement, growthdeterminants
modelling, introduction to policy evaluation approaches


Core Documentation

Capello R., Regional Economics, Routledge 2nd Edition, 2016.
European Commission, 8th Cohesion Report, 2022

Type of evaluation

The course assessment will be based on an oral exam. Students attending the class regularly will have the possibility to substitute the final exam with three mid-term assignments (1. Questions set; 2. Presentation; 3. Short essay) on selected parts of the program.

teacher profile | teaching materials

Programme

Over the past decades the importance of cities and regions has increased in parallel with
the ‘globalisation’ of the world economy. The expansion of trade, the internationalization
of firms, the galloping process of outsourcing, and the emergence of digital technologies
are not creating a 'flat world’. Numerous forces are coalescing in order to provoke the
emergence of urban 'mountains' where wealth, economic activity, and innovative capacity
agglomerate.
Not all regions have the same capacity to maximize the benefits and opportunities and
minimize the risks linked to globalization. Not all regions will experience successful
recovery and resilience trajectories.
The course aims to provide students with an in-depth understanding of key conceptual
tools for the analysis of local economic development and policies. Lectures, seminal
focuses and practical classes will drive students in analyzing why and how local
trajectories of development can be so different and how to ensure that they are virtuous.

Conceptualization of regional growth and local development
Neo-classical approach and the regional convergence debate
Local economic development: institutions, innovation, proximities, competitiveness
Regional Policies: motivation, implementation, and impacts
Empirical analysis of regional economics and policies: data and measurement, growthdeterminants
modelling, introduction to policy evaluation approaches


Core Documentation

Capello R., Regional Economics, Routledge 2nd Edition, 2016.
European Commission, 8th Cohesion Report, 2022

Type of evaluation

The course assessment will be based on an oral exam. Students attending the class regularly will have the possibility to substitute the final exam with three mid-term assignments (1. Questions set; 2. Presentation; 3. Short essay) on selected parts of the program.