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Preferred term

regionalization and capital movement  

Definition

  • It is a well-known fact and dominant theory that development, defined as a process of improvements in a population's standards of living with associated structural or institutional change, requires access to and the accumulation of capital. Of course, capital, as wealth begetting wealth, or the sum total of society's productive resources, takes diverse forms: financial, physical, natural, human, and social. [Source: International Encyclopedia of Organization Studies; Regionalization and Capital Movement]

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https://concepts.sagepub.com/social-science/concept/regionalization_and_capital_movement

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