No abstract

This article explores the possible impacts that globalization might have upon the nature of local governments and the economic development policies that they adopt. We begin by outlining the theory ofhow "corporate regimes" dominate most urban centers, why they implement skewed economic developmentpolicies, and why globalization appears to be exacerbating these problems. Research on state-and-local economic development outside urban centers indicates that several types of business development exist and that they differ significantb in their implications for improving conditions in a community. This suggests that other types ofcorporate regimes are possible. The logic ofglobalization points toward the need to establish moreprogressive corporate regimes willing to implement some of the reforms advocated by critics ofthe "growth machine."

No abstract