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Quote by Peter Dicken

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Global Shift: Mapping the Changing Contours of the World Economy

This comprehensive book delves into the transformation of the world economy, analyzing the dynamics of economic power shifts and their implications for various regions and nations. more

Author

Peter Dicken

Peter Dicken is a prominent geographer known for his research in urban and regional development, globalization, and economic geography. His work has had a significant impact on understanding the complex relationships between globalization and local development. more

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“In fact, technology in, and of, itself does not cause particular kinds of change. It is, essentially, an enabling or facilitating agent. It makes possible new structures, new organizational and geographical arrangements of economic activities, new products and new processes, while not making particular, outcomes inevitable.”

“Transnational corporate networks, and their resulting spatial patterns, are always in a continuous state of flux. At any one time, some parts may be growing rapidly, others may be stagnating, others may be in steep decline.”

“One of the most striking developments has been the rise, fall and rise again of the semiconductor industry of the United States, which is, once again, the dominant player in the most advanced semiconductor product-markets.”

“In the United Kingdom, for example, the sheer overwhelming dominance of London makes it extremely for provincial cities to develop more than a very restricted financial function. London, in that sense, is akin to the notorious upas tree, a fabulous Javanese tree so poisonous that it destroys all life for many miles around itself.”

“A striking feature of financial service activities during the past few decades is that the financial transactions essential to the operation of the 'real' economy has become increasingly dwarfed by speculative activity.”