Delocalization is the belief that there is an ongoing process whereby the process of making things local is being reversed. For example, it is the view that the goods and services associated with consumption are becoming less local and are increasingly externally sourced. The delocalization process, however, can refer to economic, financial, cultural, or political matters. In recent decades, globalization as a term

has perhaps begun to replace the concept of delocalization. However, the scaling up of economic, financial, cultural, or political processes from the local is not always to the global level. Delocalization, therefore, is a wider concept than globalization, and this captures how delocalization might also involve regionalization, at both the intranational and global regional levels.

In recent decades, the thesis of delocalization has received ...

  • Loading...
locked icon

Sign in to access this content

Get a 30 day FREE TRIAL

  • Watch videos from a variety of sources bringing classroom topics to life
  • Read modern, diverse business cases
  • Explore hundreds of books and reference titles