Conclusion: Assessing the Dark
Side of Globalization
Alexander Clarkson and Ramon Pacheco Pardo
Rationale behind the book
In the final two decades of the 20th century, the erosion of barriers
to the movement of people and capital reshaped urban life across
the globe. While there were undoubtedly differences in how vari-
ous cities have adapted to an increasingly interconnected world, the
socially disruptive consequences of globalization have also led to the
blurring of the boundaries between the legal and illicit in many large
cities. The intensification of trade and transport links made it more
difficult for governments to control the movement of people and
capital, resulting in a significant expansion of immigrant communi-
ties in many major cities. As part of wider transnational diasporas,
political and economic networks within these communities have
often reshaped established power structures in ways that have helped
shadow economies to flourish. The free movement of capital has had
a similar transformative effect, creating new opportunities for legal
as well as illicit entrepreneurs in some cases as well as speeding the
decline of established business networks in others.
As we have seen in this book, the impact of the movement of
people and capital on urban spaces has attracted significant atten-
tion from researchers. Particularly from the early 1990s onwards,
scholars such as Saskia Sassen (1999), Ulrich Beck (1997) or Carolyn
Nordstrom (2004) have continued to explore these processes through
a wide range of disciplinary perspectives. Yet there have also
been aspects of the impact of globalization on urban spaces that
have remained rather neglected. While the economic structures
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© Palgrave Macmillan, a division of Macmillan Publishers Limited 2013