Desenvolvimento local: novas dinâmicas na acumulação e regulação do capital

This article shows how the local development strategy transformed itself into the key to productive re-structuring processes in the 80s and 90s, mainly in the Southern European economies. Local industrialization and local economic policies are forms of accumulation and regulation of production which favor productivity increases and economic efficiency and, therefore, contribute to the re-structuration of de productive system. Both phenomenae attend to the logic of economic cycles of long duration, for which reason the local development strategy should be interpreted as an institutional and political response to challenges represented by changes in the capital accumulation model.This article shows how the local development strategy transformed itself into the key to productive re-structuring processes in the 80s and 90s, mainly in the Southern European economies. Local industrialization and local economic policies are forms of accumulation and regulation of production which favor productivity increases and economic efficiency and, therefore, contribute to the re-structuration of de productive system. Both phenomenae attend to the logic of economic cycles of long duration, for which reason the local development strategy should be interpreted as an institutional and political response to challenges represented by changes in the capital accumulation model