Artificial islands as a manifestation of glocalisation
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Abstract
The article is devoted to economic reasons for creation of artificial lands, including artificial islands, and problems related to their functioning. The scientific achievements of economic geography constitute a theoretical basis of the analysis. Economic reasons for constructing artificial islands in particular may, to a large extent, be explained by reference to a new economic geography of Paul Krugman. Therefore, the Authors associate the dynamically developing phenomenon of building artificial islands with the process of glocalisation. On the other hand, functioning of artificial islands – in their opinion – may basically be reduced to a concept of the balance of a company, as an artificial island may be treated as its counterpart.
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