Abstract This article theoretically explores the structural drivers of regional development traps by integrating core–periphery theories with industrial geography. It highlights how distinct industrial ecosystems form productive hierarchies. This is empirically illustrated through East Germany’s transformation after reunification. The destruction of anchor firms during privatization turned East German regions into Satellite Platform districts, reliant on externally headquartered firms for technology and investment and subject to Myrdalian backwash effects. Nonetheless, research-intensive manufacturing hotspots, like those in Jena, emerged through industrial policy supporting anchor firm functions. These findings underscore the importance of regional development strategies that cultivate regional anchor firms as key agglomerating forces.

Between 2010 and 2019, in response to concern about the public finances, the UK government imposed substantial cuts to public spending. This austerity programme

Abstract. This article theoretically explores the structural drivers of regional development traps by integrating core–periphery theories with industrial g

Abstract. The growth of Defined Contribution (DC) pensions, in which retirement depends on individual savings and financial market investments, has been a

Securing funding for the work councils are doing to get to net zero is essential – whether it's to make homes cheaper and greener to heat or to build charging infrastructure...

London Councils has partnered with the University of Hertfordshire to produce Financing Local Net Zero - a policy paper on the public finance routes available to councils to address barriers to climat...

Closing Date: 23 March 2025

The route is the first directly linking the two capitals' city centres.

After decades of abject failure, these days even the most enthusiastic proponent of carbon capture and storage can at best mount a muted…

Chartered Association of Business Schools: Advancing excellence in UK business and management education through advocacy, research, and professional development. Join us to enhance your institution’s ...

A response to the Labour's industrial strategy Green Paper

Nations vie for a piece of the semiconductor pie with offers of cash, subsidies, tax breaks, and other approaches.

Bloomberg Opinion’s climate columnist visited Michigan, the former heart of the solar industry, and China to learn how good, old-fashioned capitalism won out.

A growing number of startups are searching for geologic hydrogen from the US Midwest to Australia and hoping for a “Spindletop moment.”