The central theme of this book is national land and infrastructure design in the age of the declining population and the recovery from the Great East Japan Earthquake in the affected regions in Japan. Based on the theory of spatial economics and evidence from Japanese history, the authors show that the growing economy with a population increase develops into a multi-cored and complex structure. In the population decline phase, however, such construction will be destabilized because of agglomeration economies in the central core. Then, a catastrophic shock that strikes may provoke the decline of the lower-rank-size provincial cities and their eventual disappearance if they compete only in lower prices of staple products. Not only is the practice bad for the residents; it also leads to lower national welfare resulting from the loss of diversity and overcrowded big cities. The authors argue that small local towns can recover and will be sustained if they will endeavor in innovative production by making good use of local natural resources and social capital. Under the ongoing declining population in Japan, an undesirable concentration in Tokyo will proceed further with increasing social cost and risk. The recent novel coronavirus pandemic has highlighted that concern.
| ISBN: | 9789811649530 |
| Publication date: | 19th October 2022 |
| Author: | Masahisa Fujita, Nobuaki Hamaguchi, Yoshihiro Kameyama |
| Publisher: | Springer Verlag, Singapore |
| Format: | Paperback |
| Pagination: | 329 pages |
| Series: | Economics, Law, and Institutions in Asia Pacific |
| Genres: |
Political economy Population and demography Economic geography Public administration |
The central theme of this book is national land and infrastructure design in the age of the declining population and the recovery from the Great East Japan Earthquake in the affected regions in Japan. Based on the theory of spatial economics and evidence from Japanese history, the authors show that the growing economy with a population increase develops into a multi-cored and complex structure. In the population decline phase, however, such construction will be destabilized because of agglomeration economies in the central core. Then, a catastrophic shock that strikes may provoke the decline of the lower-rank-size provincial cities and their eventual disappearance if they compete only in lower prices of staple products. Not only is the practice bad for the residents; it also leads to lower national welfare resulting from the loss of diversity and overcrowded big cities. The authors argue that small local towns can recover and will be sustained if they will endeavor in innovative production by making good use of local natural resources and social capital. Under the ongoing declining population in Japan, an undesirable concentration in Tokyo will proceed further with increasing social cost and risk. The recent novel coronavirus pandemic has highlighted that concern.
Spatial Economics for Building Back Better features in the following genres: Political economy, Population and demography, Economic geography, Public administration
Spatial Economics for Building Back Better is available in Paperback
Spatial Economics for Building Back Better was written by Masahisa Fujita, Nobuaki Hamaguchi, Yoshihiro Kameyama and published by Springer Verlag, Singapore
Spatial Economics for Building Back Better has 329 pages
Yes it is part of Economics, Law, and Institutions in Asia Pacific series
£44.09