Trading Local Autonomy for Economic Efficiency or the Faustian Bargain of Choice at the Close of the Twentieth Century: The Case of Globalized Financial and Property Markets

  • Michael A. Goldberg
Part of the Advances in Spatial and Network Economics book series (ADVS ECONOMICS)


The growing trend toward integration and complexity in modern societies has led to unprecedented increases in global incomes, outputs, and interactions. While the benefits of this integration and complexity are generally lauded as “progress” (and therefore, by assumption, “good”), there are also significant dangers and costs lurking amid this complexity and interconnectedness.


Real Estate Financial Market Real Estate Market Property Market Global Integration 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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Copyright information

© Springer-Verlag Berlin · Heidelberg 1994

Authors and Affiliations

  • Michael A. Goldberg
    • 1
  1. 1.The University of British ColumbiaVancouverCanada

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