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Local enterprises in the Global Economy is an important contribution to a debate that is currently gathering momentum throughout the social sciences. At the core of this debate is the role of regions in economic development processes, not only in the more economically advanced countries of the world, but als - and more urgently - in low andmiddle-income countries. With its emphasis on the need for local economic development strategies to deal with intensifying global opportunities and threats, this book pushes the debate forward into hitherto largely unchartered territory.