Does Geography Matter?

1284 Words3 Pages

Does Geography Matter? I shall advance the thesis that geography is a significant factor in economic development. By saying that geography matters, I mean that an economy is highly dependent on it’s geography because it explains why certain economies prosper, while others, in contrast, struggle. I have two reasons for asserting my thesis that geography is a significant factor in economic development. First, there is a strong correlation between geography and productivity (McArthur, Sachs 2001,p. 3). Second, geography directly shapes the sorts of institutions that evolve and thus indirectly affect economic development (Engerman, Sokoloff 2002, p. 3). As mentioned above, my thesis stresses the importance of geography and it’s related variables in economic development; for although there are many different attributes that contribute to economic development, it is, without a doubt, obvious that geography plays the most significant role in determining the success of an economy, thus I will illustrate that geography shapes the performance and institution of economies, which, in turn, means it heavily influences economic development, and accordingly concludes that geography matters. In ordinary discourse, geography is a rather contested concept, so for this purpose, I use the most widely accepted definition of the term, from the Oxford Dictionary, defining it as, “the nature and relative arrangement of places and physical features (Simpson, Weiner, Proffitt, Oxford English Dictionary).” With this clarification, I will begin by presenting the theories and evidence that illustrate why geography is important. The most obvious factor to analyze is the physical location, and thus what location means in regards to an economy and it’s productivity. Generally speaking, “coastal economies have a higher income than landlocked economies (Gallup, Sachs, Mellinger 1999 p.173),” which

Open Document