The effects of the global financial crisis on European regions and cities

Dijkstra, Lewis; Garcilazo, Enrique; McCann, Philip

doi:10.1093/jeg/lbv032

Cited by 187 publications

(117 citation statements)

References 15 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…European metro capitals to experience larger employment falls than other regions following the 2007/8 financial crises (Dijkstra et al, 2015). In the London case, at least, 24 this tendency toward volatility had suggested that the downturn would be steeper than elsewhere in the UK, though when recovery came it should also be stronger in Londonso long as the credibility of central London's core business sectors had not suffered too much from their involvement in those crises.…”

Section: Resultsmentioning

confidence: 99%

Quantitative Easing of an International Financial Centre: How Central London Came So Well Out of the Post-2007 Crisis

Gordon

2015

SSRN Journal

View full text Add to dashboard Cite

Section: Resultsmentioning

confidence: 99%

Quantitative Easing of an International Financial Centre: How Central London Came So Well Out of the Post-2007 Crisis

Gordon

2015

SSRN Journal

View full text Add to dashboard Cite

“…Our analysis shows a sharp differentiation in population dynamics between regions in Greece based on location factors, income, urban concentration, economic specialisation, and social functions, as previously defined (Serra et al, ). Structural divides in population density were consolidated during economic expansion as the spatial outcome of a polarised economic growth, likely coupled with persistent social inequalities (Davies, ; Dijkstra et al, ; Goerlich & Mas, ). Demographic factors increased socioeconomic disparities shaped by asymmetric growth of wealthier and disadvantaged regions during expansion (Tapinos et al, ; Rodriguez‐Pose & Fratesi, 2007; Storper, ).…”

Section: Discussionmentioning

confidence: 99%

“…Due to its global extent and severity, the 2007 recession has been considered a major turning point in regional economic systems (Connaughton, 2010;Dijkstra, Garcilazo, & McCann, 2015;Rodríguez-Pose & Fratesi, 2007). This event has negatively influenced regional growth, shaping population dynamics and influencing labour markets as a consequence of increased social disparities and polarised distribution of firms (Caltabiano, 2016;Carbonaro, Leanza, McCann, & Medda, 2018;Gil-Alonso et al, 2013).…”

mentioning

confidence: 99%

Bridging the divide: Demographic dynamics and urban–rural polarities during economic expansion and recession in Greece

Salvati

2019

Population Space and Place

View full text Add to dashboard Cite

Demographic processes such as international migration, internal rural–urban movements, and short‐range residential mobility are increasingly driven by economic cycles. To assess how economic downturns have influenced demographic dynamics across regions in Greece—perhaps the European country most affected by the 2007 recession—the present study investigates spatial patterns of population increase and decline (2002–2017) in 51 prefectures, evaluating the contribution of natural balance (births minus deaths) and migration to total population growth during economic expansion (2002–2009) and recession (2010–2017). Population increased during economic expansion in semicentral regions with medium‐size urban centres, upper economic functions (university and international airport), and road infrastructures. Although natural balance was positive in almost all prefectures, migration contributed the most to population growth during 2002–2009. A generalised population decline was observed during recession, except in coastal areas specialised in tourism, the only regions still attracting migratory flows and maintaining a slightly positive natural balance. The largest urban areas (Athens, Salonika) experienced the highest rate of population decline, thanks to accelerated emigration and a moderately negative natural balance. Population dynamics during economic expansion contributed to increase a traditional density gap between urban and rural areas. Conversely, population dynamics during recession led to a spatial redistribution of population, reducing the gap between urban areas and rural, tourism‐specialised coastal districts. Evidence in our study supports a need for further investigation into the role of economic downturns in future population redistribution processes, specifically “shrinking” regions.

show abstract

“…Population‐driven metropolitan decline has raised concerns over urban areas management and prompted a place‐based policy approach to urban interventions (Carbonaro, Leanza, McCann, & Medda, ). The 2007 crisis has affected urban population dynamics (Dijkstra, Garcilazo, & McCann, ). Recession‐driven demographic decline and population ageing have increased urban vulnerability, influencing building cycles and shaping housing and labour markets as a consequence of increased class segregation and polarised distribution of economic activities (Goldblum & Wong, ; Winarso & Firman, ; Pérez, ; Ren, ).…”

Section: Introductionmentioning

confidence: 99%

Urban growth, population, and recession: Unveiling multiple spatial patterns of demographic indicators in a Mediterranean City

Salvati

Carlucci

2017

Population Space and Place

View full text Add to dashboard Cite

Recessions have traditionally influenced population dynamics, leading to increasing social disparities and a polarised distribution of economic activities. This study identifies differences in short‐term demographic trends before and during the 2007 recession in a metropolitan area of southern Europe. Using vital statistics, indicators were calculated over two distinct time intervals representative of expansion (2000–2007) and recession (2008–2014) waves in Athens, Greece, at the spatial scale of municipalities. Local‐scale changes in population dynamics were considered key indicators to evaluate the crisis' impact on recent urban transformations. Demographic polarisations in urban and rural areas have progressively increased the gap between wealthy and economically disadvantaged districts. In Athens, short‐term population dynamics were influenced by a combination of socioeconomic factors and processes acting at different spatial scales due to suburbanisation, recession, and demographic transition. As a result, the use of nonlinear analysis proves to be a useful tool to investigate urban systems in their complexity and supports the debate over the future development of contemporary cities.

show abstract

The effects of the global financial crisis on European regions and cities

Cited by 187 publications

References 15 publications

Quantitative Easing of an International Financial Centre: How Central London Came So Well Out of the Post-2007 Crisis

Quantitative Easing of an International Financial Centre: How Central London Came So Well Out of the Post-2007 Crisis

Bridging the divide: Demographic dynamics and urban–rural polarities during economic expansion and recession in Greece

Urban growth, population, and recession: Unveiling multiple spatial patterns of demographic indicators in a Mediterranean City

Contact Info

Product

Resources

About