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Advances in Development Economics

Krugman on Economic Geography

Raj Nallari's picture

Dramatic decreases in costs of transport, communication and information technology should have reduced spatial disparities in economic activities and moved us to a ‘global village.’  Yet, we find that in both industrial and developing countries, economic activities are concentrated in a few centers and there are regional disparities.  For example, about 15 percent of world population live in temperate zones but produce 50 percent of world GDP.  In United States, counties that take up 2 percent of the land area produce more than half of U.S.

Crisis talk

Ignacio Hernandez's picture

The newest addition to the family of World Bank Group blogs, Crisis Talk, "aims to provide the latest information on the unfolding financial crisis, both on specific countries and sectors, as well as on the global crisis response. The blog will also feature opinions on what solutions may be possible, what shape the financial sector may take in the future, and how the crisis affects the real economy."

Welcome to the blogosphere!

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