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A study was conducted to examine the spatial economic behavior of firms in 30 towns across five countries in Europe. Findings indicate that the less productive and more rural firms demonstrate stronger ties to their locality. Aside from this, the size of the local intermediate goods market influences the extent to which companies source locally.

Factors influencing input sourcing trends of foreign-owned European multinational subsidiaries are examined. Implications of economic integration of European Union on sourcing trends are also analyzed.

Transfrontier cooperation between local and regional authorities in various initiatives can be expected to persist for a long time as economies within and outside the EC become more integrated. The experiences of regions along the UK-France border regions show that such cooperative ventures result in numerous benefits for all parties involved, mainly in the form of information exchange, the creation of network economies and the development of better local economic programs. Cooperation will continue despite the difficulties it presents, including those pertaining to the allocation of public funds and political conflicts between regions., Introduction: regionalism, co-operation and social regulation Recent analyses of uneven development in Western Europe have generated considerable debate over the function of the local and regional state in the process [...]

Countries with advanced capitalist economies are affected by the continuing processes of globalization. However, markets of marginal economies and communities are faced with traumatic consequences from increasing international exposure. To counteract such an effect, local currency may be useful as an economic and policy tool to promote local autonomy and strengthen market focus even with capital globalization., Money is the essential lubricant for the processes of globalization that have reconfigured social, economic and political structures over the last quarter of a century. The development of new forms [...]