About the product
Restructuring is a widely used concept, which denotes rapid and often far-reaching, socio-economic transformation processes in communities, localities, regions and nations. This book seeks to explain the processes of restructuring in rural communities, focusing on the trends of the 1990s. Case studies from Poland, Hungary, Bulgaria, Russia, Sweden, Finland, Ireland, the United States, Viet Nam and Australia demonstrate that communities and entire regions are adapting continuously to changes in economic conditions. The case studies examine capitalist and neo-capitalist restructuring in traditional, modern, post-industrial and trans-local communities. Local Economic Development also explores restructuring processes associated with policy on sector-specific issues from the global to the local level. It concludes with the presentation of a multi-causal theory of local economic development, which is intended to assist in understanding the restructuring processes in rural areas and in the design of appropriate responses to the pressures generated by restructuring.