Abstract
In recent decades growing economic openness and rapid technological changes have seemed to undermine the capacity of the state, and of public authorities in general, to modify the course of economic development as the increasing mobility of capital, the increased size of trade flows, the importance of transnational corporations and the speed of technological developments have sources and consequences that outflank the jurisdiction of any single state.
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© 2009 Aleksander Surdej
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Surdej, A. (2009). Time Horizons and the Institutional Underpinnings of Local Development. In: Blokker, P., Dallago, B. (eds) Regional Diversity and Local Development in the New Member States. Palgrave Macmillan, London. https://doi.org/10.1057/9780230247017_2
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DOI: https://doi.org/10.1057/9780230247017_2
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-30422-6
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