Globalización, Crisis Económica Mundial y Desarrollo Regional. Tendencias Globales e Implicaciones Europeas (Globalization, World Economic Crisis and Regional Development. Global Tendencies and European Implications)

Revista del Ministerio de Empleo y Seguridad Social, Ministerio de Empleo y Seguridad Social, Madrid, 96 (Economía y Sociología): 147-174.

30 Pages Posted: 29 Jul 2013

See all articles by Arno Tausch

Arno Tausch

University of the Free State, Department of Political Studies and Governance; University of Innsbruck - Department of Political Science

Alfonso Galindo Lucas

University of Cadiz - Economía de la Empresa

Date Written: July 22, 2013

Abstract

The current paper investigates the cross-national relevance of quantitative world systems theory for two dimensions of development (human development, income redistribution) on a global scale and on the level of the European regions and tries to confront the basic pro-globalist assumptions of the “Lisbon process”, the policy target of the European leaders since the EU‟s Lisbon Council meeting in March 2000 to make Europe the leading knowledge-based economy in the world with a world systems perspective.

Starting from the 1970s and during a phase in the long swings of global economic cycles, which is comparable to the current global economic slump, the Swiss sociologist Volker Bornschier, in a series of quantitative analyses on the drivers of world economic stagnation and social imbalances, published in the world‟s leading social science journals maintained that dependency from the large transnational corporations may dynamize economic development in the short term, but that this dependency causes stagnation and social imbalances in the long term.

Dependency from the large, transnational corporations, as correctly predicted already by Latin American social science of the 1960s and 1970s, and by Bornschier and by later world systems theories, emerges indeed as one of the most serious development blockades on a global and on a European level. There are significant negative effects of MNC penetration on human development, and social cohesion during the current global economic crisis.

Secondly, we analyze European regional performance since the 1990s in order to know whether growth and development in Europe‟s regions spread evenly among the different parts of the continent. It emerges that dependency from the large transnational corporations is incompatible with a balanced, regional development.

Note: Downloadable Document is in Spanish.

Keywords: Lisbon process, European Union, Latin America, Dependency theory

JEL Classification: J01, O52, O54, P50

Suggested Citation

Tausch, Arno and Galindo Lucas, Alfonso, Globalización, Crisis Económica Mundial y Desarrollo Regional. Tendencias Globales e Implicaciones Europeas (Globalization, World Economic Crisis and Regional Development. Global Tendencies and European Implications) (July 22, 2013). Revista del Ministerio de Empleo y Seguridad Social, Ministerio de Empleo y Seguridad Social, Madrid, 96 (Economía y Sociología): 147-174., Available at SSRN: https://ssrn.com/abstract=2296822 or http://dx.doi.org/10.2139/ssrn.2296822

Arno Tausch (Contact Author)

University of the Free State, Department of Political Studies and Governance ( email )

205 Nelson Mandela Drive
Park West
Bloemfontein, Free State 9300
South Africa

University of Innsbruck - Department of Political Science ( email )

Universitätsstrasse 15
Innsbruck, Tirol 6020
Austria

Alfonso Galindo Lucas

University of Cadiz - Economía de la Empresa ( email )

Cadiz
Spain

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