Download or read book Changing Governance of Local Economies written by Colin Crouch and published by Oxford University Press, USA. This book was released on 2004-02-26 with total page 391 pages. Available in PDF, EPUB and Kindle. Book excerpt: Do specialized local clusters of small and medium-sized firms have a future in the global economy? The authors address this question with case studies of cities in France, Germany, Italy and the United Kingdom. They look at the machinery industries, former steel-producing cities trying to develop clusters in new activities, and high-tech sectors. They find evidence of considerable vitality, often contradicting national stereotypes of how economies are organized.