A magic formula for economic development? Global market integration and spatial polarization in extractive industries

Publikation: Beitrag in FachzeitschriftMeinungsbeitragForschungPeer-Review

Autoren

  • Sören Scholvin
  • Moritz Breul
  • Javier Revilla Diez

Organisationseinheiten

Externe Organisationen

  • Universität zu Köln
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Details

OriginalspracheEnglisch
Seiten (von - bis)337-346
Seitenumfang10
FachzeitschriftArea Development and Policy
Jahrgang6
Ausgabenummer3
PublikationsstatusVeröffentlicht - 5 Nov. 2020

Abstract

The World Bank, World Trade Organization and others promote integration into global markets as a certain path towards economic development. Some researchers share this optimism, arguing that development is the record of how one thing leads to another, once peripheral locations have plugged into global networks. Comparing resource peripheries in South America, Southeast Asia and Sub-Saharan Africa with regard to the upstream oil and gas sector, we call for a more nuanced assessment. Against the backdrop of 38 narrative, open-ended interviews, we show that there is spatial polarization between ‘gateways’ and peripheral sites in Southeast Asia. Argentinean and Ghanaian case studies reveal that local firms usually provide generic services, with little prospects of venturing into higher value-adding activities. We conclude that at least the oil and gas sector is not suitable for fulfilling very optimistic expectations on development.

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A magic formula for economic development? Global market integration and spatial polarization in extractive industries. / Scholvin, Sören; Breul, Moritz; Diez, Javier Revilla.
in: Area Development and Policy, Jahrgang 6, Nr. 3, 05.11.2020, S. 337-346.

Publikation: Beitrag in FachzeitschriftMeinungsbeitragForschungPeer-Review

Scholvin S, Breul M, Diez JR. A magic formula for economic development? Global market integration and spatial polarization in extractive industries. Area Development and Policy. 2020 Nov 5;6(3):337-346. doi: 10.1080/23792949.2020.1823237
Scholvin, Sören ; Breul, Moritz ; Diez, Javier Revilla. / A magic formula for economic development? Global market integration and spatial polarization in extractive industries. in: Area Development and Policy. 2020 ; Jahrgang 6, Nr. 3. S. 337-346.
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