The Political and Economic Geographies (PEG) group investigates the role of multi-scalar relationships that are crucial in understanding contemporary economic and political geographies.
More specifically, the group looks at the intertwined processes of financialization and globalization; the development and reproduction of cultural and creative industries; the socio-spatial and ethnic division of labour among small businesses in cities; the off-shoring of service industries and the emergence of online job marketplaces; the position of workers in the emerging textile industry in SE Asia; as well as the relationships between territory, identity and governance, notably within the context of the EU.
Underlying the research on these highly topical and societally relevant issues is a shared conceptual vision that highlights the interaction between institutional contexts and the role of actors and agency. To grasp these complex relationships, it takes a why-and-how-question approach that encourages a pluralistic use of theoretical lenses across sub-disciplines, including comparative political economy, economic sociology, and economics. This approach helps us to distinguish different ontological layers of concrete, place-based cases to foster relational analysis. This shared epistemological point of departure requires a case study methodology that strives for empirically grounded and theoretically engaged work.
Three research themes form the core of the programme, each operating within distinct but increasingly overlapping fields of multidisciplinary study:
The territorial state and the modern state system have widely dominated the (geo)political imaginations of the past century. Such frames have shaped the understanding of what is politically realistic or possible, how politics is organized, how society is regulated, how people are mobilized for social change and how (potential) conflicts are negotiated. Among other thing this geopolitical imagination produces a sharp divide between domestic and international politics.
Since the end of the Cold War, “globalization” has been deployed as a potentially powerful narrative both to underline the inescapable character of certain economic, political and cultural transformations fostering debordering and the alleged waning of state sovereignty. More recently renationalization discourses and rebordering processes have gathered momentum again. As a consequence of these contradictory de-bordering and re-bordering trends, both political actors and observers like academics actively engage in the articulation of new geopolitical imaginations to performatively explain the world in which we live and provide guidance for political action.
The main focus of the subgroup pertains to the way de-bordering and re-bordering processes affect state territoriality, sovereignty, national identities, ethno-territorial conflicts and governance arrangements, and conversely how territorial (national, supra-national and sub-national) institutions handle new opportunities and constraints to mobilize individuals and groups and shape new or changing identities and the creation of new identities.
This programme aims at contributing to the theoretical debates about the political geographical impact of the unbundling of state territoriality and the changing role of territorial states and geopolitics. This include geographical patterns of power relations, the emergence of supranational arenas, transnational loyalties, and transnational and multi-scalar policy networks, the role of cities in global politics as well as the renewed attractiveness of the territorial state.
The subprogramme investigates the institutionalization of new (geo)political imaginations. This institutionalization includes both new hegemonic and dissident discourses and the emerging, established or eroding practices and institutions that they justify. Communication processes are at the centre of our preoccupations. This constitutes the cultural lens of our political geographies. The framing of politics and identities makes the constitution of a political community and the working of politics possible and largely shape political agendas and outputs. With the move from territorial state to new multi-scalar articulations of political institutions and back, our attention also shift from the mass media whose ascendance was contingent to that of the territorial nation state to the use of the new media for political communication, representation, negotiation and conflict prevention and resolution.
The subprogramme is organized around three main questions:
Throughout history, cities have benefited from their internal agglomeration economies - based on the classic urban triad of proximity, diversity and (critical) mass - as well as from their external linkages which enabled them to specialize in certain forms of production.
Technological change and shifts in external linkages have continuously transformed configurations of economic activities in urban environments. The most recent wave of structural changes has occurred in the last quarter of the 20th century when the introduction of digital technologies in conjunction with a rapidly expanding (global) network of external linkages due to a nearly global wave of liberalization of trade has fundamentally reshaped the economy of many cities.
Digitalization and globalization made cities return, according to the French historian Jacques Le Goff (1997), to their essential functions of "l'échange, l'information, la vie culturelle et le pouvoir" after an industrial intermezzo of about two centuries. More precisely, advanced consumer and producer services (l'échange, l'information), co-ordination of spatially disparate tasks in the private and the public sector (le pouvoir) and cultural industries (la vie culturelle) have lead the way in creating vibrant urban economies once again.
This apparent return to age-old urban functions involves, however, more than just a changing of the guards. With the advent of a new production paradigm, not just dominant sectors change, but, moreover, the way production takes place and what is produced alter. Any attempt to describe and interpret these fundamental changes will, inevitably, fall short of the complex reality offered by contemporary cities. To come to grips with this multifaceted phenomenon, we have decided to focus on three distinct strategic windows, namely (1) cultural industries, (2) the global and local economic networks and their spatial articulation; and (3) consumption.
Since its inception in the early 2000s, financial geography has evolved into a full blown subdiscipline that investigates both traditional geographical subjects such as the rise and fall of international financial centers, the bank density of different countries and the concentration of different financial activities in specific places.
As well as new topics such as the financialization of subjects and households through residential capitalism, the financialization of public services and the commons through the penetration of private equity in childcare and elderly care, as well as the global management of financial values extracted from global supply chains. In the aftermath of the Great Financial Crisis, the chair of financial geography spent most of its research efforts on describing and understanding the political reorganization of finance to deflect the unavoidable backlash against finance.
In line with the overall research philosophy of GoG, this was done through well-chosen qualitative case studies which tried to answer answer-seeking-why-and-how queries. Since then the chair of financial geography has been involved in a collective effort to ideologically overcome the pernicious effects of finance through a reevaluation of the commons under the rubric of the foundational economy. It is a theme that is a long standing part of the collective research effort of the GoG group in the form of professional ecologies, the financialization of housing and other public services and the importance of shared norms and values for the success of cities. This, evidently goes well beyond mere economics metrics of success.
CICERONE is an ambitious, interdisciplinary international research project. Its main goal is to provide an innovative way of understanding how of cultural and creative industries or CCIs function and, thus, providing a new foundation for effective policies at EU, national and local levels targeted at these economic activities.
Cultural and creative industries bring us, for example, the books we read, the films we watch and design the buildings we use and the clothes we wear. They produce a vast amount and wide variety of goods and services for which their symbolic value is an essential aspect. Next to making our lives more pleasant, convenient and, arguably, also richer in aesthetic sense, cultural and creative industries are also important as drivers of local economic development while often also contributing to the strengthening of local and regional identities. They can, hence, be seen as vital economic activities for a vibrant and resilient European economy.
CICERONE, the acronym for ‘Creative Industries Cultural Economy Production Network’, is a collaborative research project, which got funded under the call for proposals from the European Commission. This call was based upon the European Commission’s observation that these CCIs do not yet benefit from the support of a comprehensive sectoral policy scheme in many of the EU member states and at EU level itself. To improve the effectiveness of policies vis-à-vis CCIs, the Commission invited research proposals that were able to support the formulation of recommendations for regional, national and European policies in the field of cultural and creative industries.
The CICERONE project entails a four-year research program on the cultural and creative industries with the aim to offer a comprehensive understanding of how the cultural and creative industries operate. Based upon this, CICERONE will develop a framework for targeted policies to enhance the contribution of the cultural and creative industries to the European economy and society at large.
The CICERONE project will analyse the cultural and creative industries on the basis of the Global Production Network approach which has been developed by, among others, Neil Coe. This analytical framework highlights not just the role of the local conditions for different stages of production and consumption, but also that of cross-border linkages while emphasising the importance of forms of embeddedness and that of power structures within these networks. Using this lens for CCIs enables us to uncover webs of interdependence for phases of production and exploring the impact of CCIs on local economic development and identity formation in a more comprehensive way and to identify relevant data gaps. Looking at CCIs in this innovative way will allow us, in collaboration with various stakeholders, to formulate building blocks for policy making.
Residential real estate represents by far the largest store of wealth globally and is fundamental in structuring societal inequalities. The central role of housing wealth in driving inequality, however, is surprisingly neglected. Housing markets have transformed through ongoing integration with global capital, financialization and household wealth strategies. Resulting intensified capital flows into property, however, appear increasingly spatially uneven.
This is entangled in dynamics of uneven development, demographic shifts, segregation and gentrification. Together, these imply a spatial polarization of housing markets across multiple scales, where specific submarkets – across regions, cities, neighbourhoods – see growing shares of asset accumulation. Concurrently, there is evidence of increasingly divided access to housing. Socio-economic position and, increasingly, parental resources appear essential. Where spatial polarization in asset-returns combine with divided access, this implies a powerful, yet poorly-understood, mechanism of rising inequality.
The project unites literatures across political-economy, housing and urban studies within an innovative geographical perspective. Through comprehensive spatial and quantitative modelling, the research asks: How does the spatial polarization of housing markets interact with divided housing access in driving growing wealth inequalities?
The project employs a comparative and multi-scalar approach. It undertakes a cross-country comparison of three cases varying across salient housing, labour, and policy dimensions – the Netherlands, UK and Spain – to analyse the mediating role of national institutional contexts. Its multi-scalar approach allows a crucial spatial disentangling of inequality dynamics and drivers across geographic scales.
The research innovatively combines spatial and quantitative analyses of cadastral, full-population registers, census and national datasets to comprehensively map, sequence and explain dynamics of housing-market polarization. Longitudinal micro-level modelling traces variegated access through differentiated asset-accumulation trajectories. Across three country-contexts, the project delivers a critical investigation into the active role of growing housing-market spatial divides in driving wealth inequalities, with fundamental implications for science, society and policy.
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