LOCAL REGIMES: Does Globalization Challenge the “Growth Machine”?

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."

The knowledge economy : increasing human capital on the U.S. I-65 corridor.

“…have questioned to what degree does growth trickle down (Clark, Green, and Grenell, 2001;Cain 2014). Other researchers have studied the level of power the everyday citizen has to push back against the growth machine (Been, Madar and McDonnell 2014).…”