Based on these views, maybe one should accept the fact that the techno-economic
dichotomy of the developed world and parts of the developing world will not be
overcome, even in the longer term, unless ways could be found in which local
economic development in lagging countries could be speeded up. As long as the gap
between development conditions in the North and South remains as wide as it
currently is, focusing intentionally on the vertical integration of the formal and
informal urban economic sectors in the urban South seems to be one of the methods in
which the gap could be narrowed. Recognizing the inherent structure of the informal
urban sector and narrowing the gap between the upper, technologically more
sophisticated layer of the informal sector and the formal urban sector is one way of
making conventional market forces more accessible to the lagging sector of the urban
South. In the process lessons that have been learned about the long term affect of
unsustainable urban economic practices in the industrializing South should be firmly
kept in mind.
REFERNCES
Afshar, F. (1998) Balancing global city with global village. Habitat, 22: 375-387.
Aguilar, A.G. (1997) The urban labor market in Mexico: global change, informality,
and social polarization. Urban Geography, 18: 106-134.
Alden, J. (1996) Urban development strategies: the challenge of global to local
change for strategic responses. Habitat International 20: 553-566.
Alexander, J. W. (1954) The basic-nonbasic concept of urban economic functions.
Economic Geography, 30: 246-261.
Allen, J. and G. Thompson (1997) Think global, then think again - economic
globalization in context. Area 29:213-227
Amin, S. (2001) Africa: living on the fringe? Africa Insight 31:3-7
Beaverstock, J. V., R. G. Smith and P. J. Taylor (1999), ‘A roster of world cities’,
Cities, 16, 445-458.
Beinart, P. (1997) An illusion of our time. The New Republic, 217: 2024.
Bhagwati, J. (1997) The global age: from a sceptical South to a fearful North. The
World Economy, 20: 259-283.
Bienen, H. and Waterbury, J. (1989) The political economy of privatisation in
developing countries. World Development, 17: 617-632.
Black, A. and Mitchell, S. (2002) Policy in the South African motor industry: goals,
incentives, and outcomes. The South African Journal of Economics, 70: 1273-
1296.
Breathnach, P. (2000) Globalisation, information technology and the emergence of
niche transnational cities: the growth of the call centre sector in Dublin. Geoforum,
31: 477-485.
Brown R. P. C. and Connell J. (1993) The global flea market: migration, remittances
and the informal economy in Tonga. Development and Change, 24: 611-647.
Callaghy, T. M. (1997) Globalization and marginalization: debt and the international
underclass. Current History, November: 392-396.
Chan, R.C.K. (1996) Urban development strategy in an era of global competition.
Habitat International, 20: 509-523.
Cyr, A.I. (2001) Guides to globalization. Orbis, 45: 295-305.
Douglas, S. P. and Wind, Y. (1987) The myth of globalization. The Colombian
Journal of World Business, 22: 19-29.
19
More intriguing information
1. The name is absent2. The name is absent
3. Elicited bid functions in (a)symmetric first-price auctions
4. Parent child interaction in Nigerian families: conversation analysis, context and culture
5. Activation of s28-dependent transcription in Escherichia coli by the cyclic AMP receptor protein requires an unusual promoter organization
6. Industrial Cores and Peripheries in Brazil
7. Direct observations of the kinetics of migrating T-cells suggest active retention by endothelial cells with continual bidirectional migration
8. A MARKOVIAN APPROXIMATED SOLUTION TO A PORTFOLIO MANAGEMENT PROBLEM
9. PEER-REVIEWED FINAL EDITED VERSION OF ARTICLE PRIOR TO PUBLICATION
10. Innovation Policy and the Economy, Volume 11