Why Globalizers Should be Depressed by Regional Economics is an unpublished short paper. Most countries have (internal) free movement of goods, money and people --they are microcosms of a perfectly globalized world. But within-country regional inequality remains very large. Furthermore, the most powerful force for within-country income convergence is the ability of people to move from declining regions to prosperous areas --and this is the part of globalization which is least advanced. These twin facts suggest the world remains anything but flat.
