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Localist Movements in a Global EconomySustainability, Justice, and Urban Development in the United States$
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David J. Hess

Print publication date: 2009

Print ISBN-13: 9780262012645

Published to MIT Press Scholarship Online: August 2013

DOI: 10.7551/mitpress/9780262012645.001.0001

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Economic Development and Localist Knowledge

Economic Development and Localist Knowledge

Chapter:
(p.66) (p.67) 2 Economic Development and Localist Knowledge
Source:
Localist Movements in a Global Economy
Author(s):

David J. Hess

Publisher:
The MIT Press
DOI:10.7551/mitpress/9780262012645.003.0003

This chapter examines localism as a system of knowledge and as a critique of the research field of economic development studies. It analyzes the contribution of import substitution to economic development in less developed countries and the reasons behind the skepticism of the more and less wealthy countries over trade liberalization. It also considers an emerging field called localist research that evaluates the economic and social impact of local ownership and discusses some of the criticisms against localism as a regional development strategy.

Keywords:   localism, system of knowledge, economic development studies, import substitution, less developed countries, trade liberalization, localist research, local ownership, regional development strategy

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