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The economic geography of sovereignist Europe

Ottaviano, Gianmarco, (2019), “The economic geography of sovereignist Europe“, Vox CEPR Policy Portal, July

Economic geography strikes back. After a couple of decades of easy talk about the ‘death of distance’ in the age of globalization, the promise of a world of rising living standards for all is increasingly challenged by the resilience of regional disparities within countries. As long as many people and firms are not geographically mobile – and those who are tend to be the most skilled and productive – easier distant interactions can actually strengthen rather than weaken agglomeration economies. Recent electoral trends in Europe can be understood to a surprisingly large extent from this angle.

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