Urban Production from Manufacturing to Financialisation : the Case of China
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Working Papers MAPS ;1
During the twentieth Century, urban production theories considered manufacturing as the main engine for development. Today, financialization of real estate as well as mobile consumer’s expenses have developed at a larger scale and play an increasing role. We argue that this shift affects the Global South as well as the Global North. The Chinese case shows the relevance of a territorial approach, taking into account the various processes of creating value and of how they interplay within the urban space. This approach makes it possible to understand why some cities/regions are more able to develop in relation to others.
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