Pub Date : 2023-09-01Epub Date: 2023-08-15DOI: 10.1177/0308518X231190091
Liam Keenan, Dariusz Wójcik
Mergers and acquisitions (M&As) are on the rise. Interlocking processes of globalization and financialization have increased their attractiveness and incentivized an upward spiral of M&A activity in recent years. This rise is profoundly spatial, as M&As reshape the geographies of production, consumption and finance, while aggravating uneven power-geometries through the concentration of corporate control. Despite this growth and inherent spatiality, economic geography research into M&As has waned. The aim this article is to demonstrate the value of M&As to economic geographers and highlight avenues for future research. This is achieved by explaining how qualitative and quantitative research into the motivations, outcomes and geographies of M&A activity can provide fresh empirical and conceptual insights surrounding wider geographical debates.
{"title":"The economic geographies of mergers and acquisitions (M&As).","authors":"Liam Keenan, Dariusz Wójcik","doi":"10.1177/0308518X231190091","DOIUrl":"10.1177/0308518X231190091","url":null,"abstract":"<p><p>Mergers and acquisitions (M&As) are on the rise. Interlocking processes of globalization and financialization have increased their attractiveness and incentivized an upward spiral of M&A activity in recent years. This rise is profoundly spatial, as M&As reshape the geographies of production, consumption and finance, while aggravating uneven power-geometries through the concentration of corporate control. Despite this growth and inherent spatiality, economic geography research into M&As has waned. The aim this article is to demonstrate the value of M&As to economic geographers and highlight avenues for future research. This is achieved by explaining how qualitative and quantitative research into the motivations, outcomes and geographies of M&A activity can provide fresh empirical and conceptual insights surrounding wider geographical debates.</p>","PeriodicalId":48432,"journal":{"name":"Environment and Planning A-Economy and Space","volume":"55 6","pages":"1618-1627"},"PeriodicalIF":4.2,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10555530/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41152479","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-08-31DOI: 10.1177/0308518x231191946
F. Palpacuer, C. Roussey
Recent contributions to Global Value Chain studies have cast the intertwining of global finance and production in a new light, through the concept of entanglement of Global Wealth Chains (GWCs) and Global Value Chains (GVCs), and their uneven social consequences have been questioned. The paper contributes to this emerging debate through a critical Polanyian perspective on GVCs/GWCs where the processes of fictitious commodification pertain not only to money, labor, and the land as theorized by Polanyi, but also to ethics, which is commodified via Corporate Social Responsibility (CSR) standards and discourses. Our contribution is based on a grounded research study of Weda Bay Nickel (WBN), a mining project that unfolded over two decades of exploration and across the intertwined scales of financial markets, multinationals, government, activists, and the villagers residing in Weda Bay, on the Indonesian island of Halmahera. We show how “CSR-ization” was orchestrated by lead corporate and financial players to obtain the World Bank’s ethical approval and financial guarantee for the project. Standardized ethicality was granted to WBN even though high social and environmental risks were acknowledged, and several contestation movements had to be erased, discredited, and/or physically repressed for the mine to see the light of day. We contend, in Polanyian terms, that fictitious commodification leads to the destruction of people and nature—and not simply inequality—in the deployment of GWCs/GVCs where CSR-ization is closely intertwined with contestation and repression.
{"title":"Entangling global chains of wealth and value through CSR-ization: A critical Polanyian perspective on Weda Bay Nickel","authors":"F. Palpacuer, C. Roussey","doi":"10.1177/0308518x231191946","DOIUrl":"https://doi.org/10.1177/0308518x231191946","url":null,"abstract":"Recent contributions to Global Value Chain studies have cast the intertwining of global finance and production in a new light, through the concept of entanglement of Global Wealth Chains (GWCs) and Global Value Chains (GVCs), and their uneven social consequences have been questioned. The paper contributes to this emerging debate through a critical Polanyian perspective on GVCs/GWCs where the processes of fictitious commodification pertain not only to money, labor, and the land as theorized by Polanyi, but also to ethics, which is commodified via Corporate Social Responsibility (CSR) standards and discourses. Our contribution is based on a grounded research study of Weda Bay Nickel (WBN), a mining project that unfolded over two decades of exploration and across the intertwined scales of financial markets, multinationals, government, activists, and the villagers residing in Weda Bay, on the Indonesian island of Halmahera. We show how “CSR-ization” was orchestrated by lead corporate and financial players to obtain the World Bank’s ethical approval and financial guarantee for the project. Standardized ethicality was granted to WBN even though high social and environmental risks were acknowledged, and several contestation movements had to be erased, discredited, and/or physically repressed for the mine to see the light of day. We contend, in Polanyian terms, that fictitious commodification leads to the destruction of people and nature—and not simply inequality—in the deployment of GWCs/GVCs where CSR-ization is closely intertwined with contestation and repression.","PeriodicalId":48432,"journal":{"name":"Environment and Planning A-Economy and Space","volume":"85 1","pages":""},"PeriodicalIF":4.2,"publicationDate":"2023-08-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90172514","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-08-29DOI: 10.1177/0308518x231191943
Wenzheng Li, Stephan Schmidt, S. Siedentop
Polycentric urban regions have been advocated for, and justified as enhancing both economic growth and overall competitiveness while also creating more equitable and balanced metropolitan regions. We examine the role of regional polycentricity in effectuating certain desirable outcomes, specifically enhancing economic productivity and minimizing spatial disparities simultaneously in German urban regions ( Großstadtregionen) as a case study. Using econometric analysis of both functional and morphological polycentricity measures, our results indicate that polycentric development can effectively reduce regional disparities in urban regions, but not simultaneously promote economic productivity. These findings confirm previous studies that progress toward one goal hampers progress toward another. Further investigation at a finer scale suggests that the borrowed size effect is essentially a “win-loss” game between peripheries and urban core(s) within the same urban region. Peripheries benefit from the spillovers generated by nearby urban core(s), thereby narrowing regional economic gaps and leading to more equitable regions. However, the gains of the peripheries are canceled out by the losses of the urban cores, and polycentric development has an insignificant overall effect on regional economic productivity.
{"title":"Can polycentric urban development simultaneously achieve both economic growth and regional equity? A multi-scale analysis of German regions","authors":"Wenzheng Li, Stephan Schmidt, S. Siedentop","doi":"10.1177/0308518x231191943","DOIUrl":"https://doi.org/10.1177/0308518x231191943","url":null,"abstract":"Polycentric urban regions have been advocated for, and justified as enhancing both economic growth and overall competitiveness while also creating more equitable and balanced metropolitan regions. We examine the role of regional polycentricity in effectuating certain desirable outcomes, specifically enhancing economic productivity and minimizing spatial disparities simultaneously in German urban regions ( Großstadtregionen) as a case study. Using econometric analysis of both functional and morphological polycentricity measures, our results indicate that polycentric development can effectively reduce regional disparities in urban regions, but not simultaneously promote economic productivity. These findings confirm previous studies that progress toward one goal hampers progress toward another. Further investigation at a finer scale suggests that the borrowed size effect is essentially a “win-loss” game between peripheries and urban core(s) within the same urban region. Peripheries benefit from the spillovers generated by nearby urban core(s), thereby narrowing regional economic gaps and leading to more equitable regions. However, the gains of the peripheries are canceled out by the losses of the urban cores, and polycentric development has an insignificant overall effect on regional economic productivity.","PeriodicalId":48432,"journal":{"name":"Environment and Planning A-Economy and Space","volume":"100 1","pages":""},"PeriodicalIF":4.2,"publicationDate":"2023-08-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"81043036","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-08-28DOI: 10.1177/0308518x231191933
Barbara Orth
Platform labour scholars have noted the prevalence of migrant workers in the gig economy. This paper builds on this research but interrogates the broad concept of ‘migrant labour’. The study draws on biographical interviews with platform workers in grocery delivery and domestic work platforms in Berlin, Germany as well as expert interviews with union representatives, migrant organisations and white-collar platform company employees. Through an examination of the mobility strategies of platform workers in this subset of the platform economy, the study reveals a stratification of migrant trajectories and of skills needed to engage in platform work across different types of labour platforms. The study finds that platform companies draw on a workforce that consists of recently arrived young migrants with comparatively high education, language skills and digital literacy. Through close analysis of an understudied section of the gig economy, the paper contributes to the ongoing theorisation of the nexus of migration regimes and platform-mediated labour regimes. The findings complicate the notion of ‘accessibility’ of platform work and call for the inclusion of visa regimes, immigration categories and particular skill sets in future research on platform labour.
{"title":"Stratified pathways into platform work: Migration trajectories and skills in Berlin’s gig economy","authors":"Barbara Orth","doi":"10.1177/0308518x231191933","DOIUrl":"https://doi.org/10.1177/0308518x231191933","url":null,"abstract":"Platform labour scholars have noted the prevalence of migrant workers in the gig economy. This paper builds on this research but interrogates the broad concept of ‘migrant labour’. The study draws on biographical interviews with platform workers in grocery delivery and domestic work platforms in Berlin, Germany as well as expert interviews with union representatives, migrant organisations and white-collar platform company employees. Through an examination of the mobility strategies of platform workers in this subset of the platform economy, the study reveals a stratification of migrant trajectories and of skills needed to engage in platform work across different types of labour platforms. The study finds that platform companies draw on a workforce that consists of recently arrived young migrants with comparatively high education, language skills and digital literacy. Through close analysis of an understudied section of the gig economy, the paper contributes to the ongoing theorisation of the nexus of migration regimes and platform-mediated labour regimes. The findings complicate the notion of ‘accessibility’ of platform work and call for the inclusion of visa regimes, immigration categories and particular skill sets in future research on platform labour.","PeriodicalId":48432,"journal":{"name":"Environment and Planning A-Economy and Space","volume":"9 1","pages":""},"PeriodicalIF":4.2,"publicationDate":"2023-08-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"84354266","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-08-23DOI: 10.1177/0308518x231189385
Sharryn Kasmir, Jaume Franquesa, Lesley Gill, Winnie Lem, Gavin Smith
In this brief essay, we suggest that contemporary efforts at reworking Leon Trotsky’s theory of uneven and combined development (UCD) are enriched by an historical ethnographic lens focused on “real people doing real things,” which grounds and de-fetishizes the abstractions of capitalist development. We sketch three ways to develop UCD to better apprehend contemporary capitalism: tracing the effects of unevenness and combination within social formations; pointing to the ways those processes fracture historical consciousness; and underscoring the political implications for dividing populations and for creating novel combinations of people and socio-political experience.
{"title":"Uneven and combined development in anthropology","authors":"Sharryn Kasmir, Jaume Franquesa, Lesley Gill, Winnie Lem, Gavin Smith","doi":"10.1177/0308518x231189385","DOIUrl":"https://doi.org/10.1177/0308518x231189385","url":null,"abstract":"In this brief essay, we suggest that contemporary efforts at reworking Leon Trotsky’s theory of uneven and combined development (UCD) are enriched by an historical ethnographic lens focused on “real people doing real things,” which grounds and de-fetishizes the abstractions of capitalist development. We sketch three ways to develop UCD to better apprehend contemporary capitalism: tracing the effects of unevenness and combination within social formations; pointing to the ways those processes fracture historical consciousness; and underscoring the political implications for dividing populations and for creating novel combinations of people and socio-political experience.","PeriodicalId":48432,"journal":{"name":"Environment and Planning A-Economy and Space","volume":"1 1","pages":""},"PeriodicalIF":4.2,"publicationDate":"2023-08-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82116732","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-08-23DOI: 10.1177/0308518x231189384
Leonard Seabrooke, Saila Stausholm
Multinational enterprises (MNEs) take advantage of local differences in their global location of assets and activities. Scholarship in economic geography and international political economy associates value-producing entities organized in Global Value Chains (GVCs), and wealth-protecting entities in Global Wealth Chains (GWCs). At the aggregate level, these are often associated with different geographical manifestations, with GVCs centered around “production hubs” and GWCs around “offshore jurisdictions.” This indicates an asymmetrical geography between value and wealth with a low level of entanglement. This does not account, however, for the ways value and wealth are governed within MNEs. We investigate how the firm-territory nexus can be understood across scales and what this implies for the geographical overlap between GVCs and GWCs. While there is seemingly limited entanglement of GVC and GWC activities at the macro scale, at the meso scale there are overlaps and significant entanglement at the micro scale. This implies value and wealth are more geographically aligned than previously thought, and that initiatives aimed at regulating these chains needs to address practices within MNEs rather than targeting arbitrary geographies at the country level.
{"title":"The firm-territory nexus in a fragmented economy: Scales of global value and wealth chain entanglement","authors":"Leonard Seabrooke, Saila Stausholm","doi":"10.1177/0308518x231189384","DOIUrl":"https://doi.org/10.1177/0308518x231189384","url":null,"abstract":"Multinational enterprises (MNEs) take advantage of local differences in their global location of assets and activities. Scholarship in economic geography and international political economy associates value-producing entities organized in Global Value Chains (GVCs), and wealth-protecting entities in Global Wealth Chains (GWCs). At the aggregate level, these are often associated with different geographical manifestations, with GVCs centered around “production hubs” and GWCs around “offshore jurisdictions.” This indicates an asymmetrical geography between value and wealth with a low level of entanglement. This does not account, however, for the ways value and wealth are governed within MNEs. We investigate how the firm-territory nexus can be understood across scales and what this implies for the geographical overlap between GVCs and GWCs. While there is seemingly limited entanglement of GVC and GWC activities at the macro scale, at the meso scale there are overlaps and significant entanglement at the micro scale. This implies value and wealth are more geographically aligned than previously thought, and that initiatives aimed at regulating these chains needs to address practices within MNEs rather than targeting arbitrary geographies at the country level.","PeriodicalId":48432,"journal":{"name":"Environment and Planning A-Economy and Space","volume":"28 1","pages":""},"PeriodicalIF":4.2,"publicationDate":"2023-08-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90937544","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-08-21DOI: 10.1177/0308518x231181128
Lotte Thomsen, Karen P. Y. Lai, S. Ponte
Value and wealth creation, capture and protection are important features of contemporary global capitalism. However, global value chains and global wealth chains have been studied mostly in isolation from each other. In this article, we address this limitation by revealing the entanglements of value and wealth in the gold sector. We develop a typology of state action and inaction in value and wealth chains to explain how the state shapes the mobilisation and management of tangible and intangible assets. In our empirical analysis, we chronicle the creation of a ‘gold hub’ in Singapore that pulls together value and wealth functions, and highlight the various roles of the Singaporean state – as facilitator, deregulator-cum-redistributor, and direct actor. We show that entanglements of value and wealth are shaped by specific configurations of state action and inaction, and are built upon intangible dimensions of legal affordance and cultural practice coupled with very tangible facilities and infrastructure. Our analysis pinpoints the co-dependence of value creation and wealth protection systems as vital to processes of accumulation.
{"title":"State action and inaction in the shaping of value and wealth entanglements: The role of Singapore in the global ‘gold chain’","authors":"Lotte Thomsen, Karen P. Y. Lai, S. Ponte","doi":"10.1177/0308518x231181128","DOIUrl":"https://doi.org/10.1177/0308518x231181128","url":null,"abstract":"Value and wealth creation, capture and protection are important features of contemporary global capitalism. However, global value chains and global wealth chains have been studied mostly in isolation from each other. In this article, we address this limitation by revealing the entanglements of value and wealth in the gold sector. We develop a typology of state action and inaction in value and wealth chains to explain how the state shapes the mobilisation and management of tangible and intangible assets. In our empirical analysis, we chronicle the creation of a ‘gold hub’ in Singapore that pulls together value and wealth functions, and highlight the various roles of the Singaporean state – as facilitator, deregulator-cum-redistributor, and direct actor. We show that entanglements of value and wealth are shaped by specific configurations of state action and inaction, and are built upon intangible dimensions of legal affordance and cultural practice coupled with very tangible facilities and infrastructure. Our analysis pinpoints the co-dependence of value creation and wealth protection systems as vital to processes of accumulation.","PeriodicalId":48432,"journal":{"name":"Environment and Planning A-Economy and Space","volume":"31 1","pages":""},"PeriodicalIF":4.2,"publicationDate":"2023-08-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77052963","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-08-18DOI: 10.1177/0308518x231189391
Heather Whiteside
In this Exchanges piece, I comment on centripetal and centrifugal tendencies across social science disciplines with an eye to the possibilities and pitfalls of analytical eclecticism in bridging within-field impasse and generating cross-disciplinary dialogue germane to economic geography.
{"title":"Analytical eclecticism for vigor and rigor?","authors":"Heather Whiteside","doi":"10.1177/0308518x231189391","DOIUrl":"https://doi.org/10.1177/0308518x231189391","url":null,"abstract":"In this Exchanges piece, I comment on centripetal and centrifugal tendencies across social science disciplines with an eye to the possibilities and pitfalls of analytical eclecticism in bridging within-field impasse and generating cross-disciplinary dialogue germane to economic geography.","PeriodicalId":48432,"journal":{"name":"Environment and Planning A-Economy and Space","volume":"29 1","pages":""},"PeriodicalIF":4.2,"publicationDate":"2023-08-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82996120","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-08-15DOI: 10.1177/0308518x231191930
John Schmidt
In California, wildfires caused by electrical infrastructure have left the state’s investor-owned power utilities with major and growing liabilities. But even in such an incendiary environment, the financial industry has demonstrated that it can profit from disaster. This paper uses the 2019-2020 bankruptcy of Pacific Gas & Electric to explain how. In it, I show how “risk” in California’s electricity industry is legally constituted, mediated, and allocated. First, I explain how financial perceptions of wildfire risk in California’s electricity industry are shaped by the state’s legal and regulatory environment, and how the law is used to manage this risk. I then turn to PG&E’s bankruptcy to show how litigation functions as a financial strategy. In court, risk is endogenous to legal-financial practice. I develop the concepts of “legal arbitrage” and “leverage” to explain how law mediates the relationship between risk and finance. I adapt the concept of legal arbitrage to show how financial assets (like those in a utility with unprecedented wildfire liabilities) can possess both legal and market value, which can and often do diverge in circumstances of distress. I use the term leverage to refer to a particular kind of legal-financial power which enables actors to transfer risk away from themselves and onto others. In working through these concepts, I argue that that mainstream perceptions of risk in the financial industry are inadequate, especially in an era of increasing climate insecurity.
{"title":"Incendiary assets: Risk, power, and the law in an era of catastrophic fire","authors":"John Schmidt","doi":"10.1177/0308518x231191930","DOIUrl":"https://doi.org/10.1177/0308518x231191930","url":null,"abstract":"In California, wildfires caused by electrical infrastructure have left the state’s investor-owned power utilities with major and growing liabilities. But even in such an incendiary environment, the financial industry has demonstrated that it can profit from disaster. This paper uses the 2019-2020 bankruptcy of Pacific Gas & Electric to explain how. In it, I show how “risk” in California’s electricity industry is legally constituted, mediated, and allocated. First, I explain how financial perceptions of wildfire risk in California’s electricity industry are shaped by the state’s legal and regulatory environment, and how the law is used to manage this risk. I then turn to PG&E’s bankruptcy to show how litigation functions as a financial strategy. In court, risk is endogenous to legal-financial practice. I develop the concepts of “legal arbitrage” and “leverage” to explain how law mediates the relationship between risk and finance. I adapt the concept of legal arbitrage to show how financial assets (like those in a utility with unprecedented wildfire liabilities) can possess both legal and market value, which can and often do diverge in circumstances of distress. I use the term leverage to refer to a particular kind of legal-financial power which enables actors to transfer risk away from themselves and onto others. In working through these concepts, I argue that that mainstream perceptions of risk in the financial industry are inadequate, especially in an era of increasing climate insecurity.","PeriodicalId":48432,"journal":{"name":"Environment and Planning A-Economy and Space","volume":"1 1","pages":""},"PeriodicalIF":4.2,"publicationDate":"2023-08-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"84778085","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-08-15DOI: 10.1177/0308518x231191923
H. Yeung
This intervention elaborates on why causal explanation can serve as an indispensable building block towards robust theory development in economic geography. It argues for the critical importance of causal explanation in the subfield’s intellectual development and to its wider appeal to the social sciences. First, I show how this vital importance is premised on explanations that uncover the causal mechanisms of economic events, practices and processes that make things happen in society and space. Put differently, explanation needs causal connections as its necessary condition of explanatory power and practical adequacy. Its empirical operation is grounded in contextual contingencies and place-based specificities in an economic-geographical world characterized by complexity, multiplicity and emergence. Second, I explain why causal explanation represents a necessary step towards pragmatic research in economic geography. Our socio-spatial interventions can be better developed if we have a clearer sense of why and how carefully theorized causal mechanisms interact with contingent contexts to produce specific events and outcomes in the space-economy. Framed in this double hermeneutic sense of being both vital and pragmatic, causal explanation is critical in/to economic geography.
{"title":"Why is causal explanation critical in/to economic geography?","authors":"H. Yeung","doi":"10.1177/0308518x231191923","DOIUrl":"https://doi.org/10.1177/0308518x231191923","url":null,"abstract":"This intervention elaborates on why causal explanation can serve as an indispensable building block towards robust theory development in economic geography. It argues for the critical importance of causal explanation in the subfield’s intellectual development and to its wider appeal to the social sciences. First, I show how this vital importance is premised on explanations that uncover the causal mechanisms of economic events, practices and processes that make things happen in society and space. Put differently, explanation needs causal connections as its necessary condition of explanatory power and practical adequacy. Its empirical operation is grounded in contextual contingencies and place-based specificities in an economic-geographical world characterized by complexity, multiplicity and emergence. Second, I explain why causal explanation represents a necessary step towards pragmatic research in economic geography. Our socio-spatial interventions can be better developed if we have a clearer sense of why and how carefully theorized causal mechanisms interact with contingent contexts to produce specific events and outcomes in the space-economy. Framed in this double hermeneutic sense of being both vital and pragmatic, causal explanation is critical in/to economic geography.","PeriodicalId":48432,"journal":{"name":"Environment and Planning A-Economy and Space","volume":"1 1","pages":""},"PeriodicalIF":4.2,"publicationDate":"2023-08-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"91034903","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
扫码关注我们
求助内容：
应助结果提醒方式：
京公网安备 11010802042870号