Globalization to Relocalization: A Key to the Sustainability of the Local Economy

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F15%3A43875389" target="_blank" >RIV/70883521:28120/15:43875389 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Globalization to Relocalization: A Key to the Sustainability of the Local Economy
Original language description
Globalization is exhibiting the trait of a reversal towards relocalization. The aim of this paper is to examine the relocalization as a key to revitalizing local economies. Developing countries are accelerating in the pace of transformation of their economy. The autonomy of the local economy which has been eroded due to globalization and left the local people vulnerable. This study uses a descriptive approach and presented a case study of a selected local communities and how they have been to model sustainability. We argued that relocalization is the key to the redevelopment or rebuilding of communities and securing basic needs of the people. We present the corso (globalization) to ricorso (relocalization) and the definition of sustainability and the local economy. Empirical evidences from case studies reveals that there is a shift of paradigm from globalization to relocalization is the key to sustainability of the local economy.
Czech name
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Czech description
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Publication year
2015
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

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