Transnational gentrification: Globalisation and neighbourhood change in Panama’s Casco Antiguo
Drawing upon the case of Panama’s Casco Antiguo, this paper establishes the theoretical concept of ‘transnational gentrification’: a process of neighbourhood change both enabled by and formative of a spatially embedded transnational ‘gentry’ whose locational mobility creates new possibilities for pr...
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Veröffentlicht in: | Urban studies (Edinburgh, Scotland) Scotland), 2016-03, Vol.53 (4), p.705-722 |
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description | Drawing upon the case of Panama’s Casco Antiguo, this paper establishes the theoretical concept of ‘transnational gentrification’: a process of neighbourhood change both enabled by and formative of a spatially embedded transnational ‘gentry’ whose locational mobility creates new possibilities for profitable housing reinvestment in geographically disparate markets where such possibilities would not have otherwise existed. Globalisation does not just create a common political-economic structure driving urban change or a common ideology for a gentrifying cohort. In this case, it creates historically and geographically specific connections between places, which themselves can become pathways along which gentrification processes propagate, connecting local capital to international consumer demand. The case of the Casco Antiguo offers a provocative inversion of a standard critical narrative of globalisation, whereby capital is freed from national constraints and able to roam globally while people largely remain place-bound. In the Casco Antiguo, residents are transnational and property developers are local. |
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Globalisation does not just create a common political-economic structure driving urban change or a common ideology for a gentrifying cohort. In this case, it creates historically and geographically specific connections between places, which themselves can become pathways along which gentrification processes propagate, connecting local capital to international consumer demand. The case of the Casco Antiguo offers a provocative inversion of a standard critical narrative of globalisation, whereby capital is freed from national constraints and able to roam globally while people largely remain place-bound. 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Globalisation does not just create a common political-economic structure driving urban change or a common ideology for a gentrifying cohort. In this case, it creates historically and geographically specific connections between places, which themselves can become pathways along which gentrification processes propagate, connecting local capital to international consumer demand. The case of the Casco Antiguo offers a provocative inversion of a standard critical narrative of globalisation, whereby capital is freed from national constraints and able to roam globally while people largely remain place-bound. In the Casco Antiguo, residents are transnational and property developers are local.</description><subject>Automobiles</subject><subject>Economic change</subject><subject>Economic structure</subject><subject>Gentrification</subject><subject>Globalization</subject><subject>Housing</subject><subject>Ideology</subject><subject>Markets</subject><subject>Mobility</subject><subject>Neighborhoods</subject><subject>Neighbourhoods</subject><subject>Panama</subject><subject>Property</subject><subject>Residents</subject><subject>Transnationalism</subject><subject>Urban areas</subject><subject>Urban renewal</subject><issn>0042-0980</issn><issn>1360-063X</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2016</creationdate><recordtype>article</recordtype><sourceid>7TQ</sourceid><sourceid>BHHNA</sourceid><recordid>eNqNkM1Lw0AQxRdRsFbvHhQEL16iM_sxmxyl-AUFLxW8hc1mt6SkSd1NDv73No2IFARPA_N-78F7jJ0j3CJqfQcgOWQpoFSUgoYDNkFBkACJ90M2GeRk0I_ZSYwrACCeqQm7WATTxMZ0VduY-mrpmi5UvrK7xyk78qaO7uz7Ttnb48Ni9pzMX59eZvfzxEoBXSJJeUskUaLyJgUjODnNfYHWFeQNld5lWWkUWG01FcKR4wUWyEtjSsnFlN2MuZvQfvQudvm6itbVtWlc28cc9dALU4J_oJQqrQmzLXq9h67aPmxb7iiNUqY0UDBSNrQxBufzTajWJnzmCPmwbL6_7NaSjJZolu5X6N_85civYteGn3xOqBAUiS_oSH9x</recordid><startdate>20160301</startdate><enddate>20160301</enddate><creator>Sigler, Thomas</creator><creator>Wachsmuth, David</creator><general>Sage Publications, Ltd</general><general>SAGE Publications</general><general>Sage Publications Ltd</general><scope>AAYXX</scope><scope>CITATION</scope><scope>7ST</scope><scope>7TQ</scope><scope>7U4</scope><scope>7U6</scope><scope>8BJ</scope><scope>BHHNA</scope><scope>C1K</scope><scope>DHY</scope><scope>DON</scope><scope>DWI</scope><scope>FQK</scope><scope>JBE</scope><scope>WZK</scope></search><sort><creationdate>20160301</creationdate><title>Transnational gentrification</title><author>Sigler, Thomas ; Wachsmuth, David</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c430t-465fc6641415fa80a326e72fb1ceb6fa6dfe99da50c7c76b3e6e2b1b12daad423</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2016</creationdate><topic>Automobiles</topic><topic>Economic change</topic><topic>Economic structure</topic><topic>Gentrification</topic><topic>Globalization</topic><topic>Housing</topic><topic>Ideology</topic><topic>Markets</topic><topic>Mobility</topic><topic>Neighborhoods</topic><topic>Neighbourhoods</topic><topic>Panama</topic><topic>Property</topic><topic>Residents</topic><topic>Transnationalism</topic><topic>Urban areas</topic><topic>Urban renewal</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Sigler, Thomas</creatorcontrib><creatorcontrib>Wachsmuth, David</creatorcontrib><collection>CrossRef</collection><collection>Environment Abstracts</collection><collection>PAIS Index</collection><collection>Sociological Abstracts (pre-2017)</collection><collection>Sustainability Science Abstracts</collection><collection>International Bibliography of the Social Sciences (IBSS)</collection><collection>Sociological Abstracts</collection><collection>Environmental Sciences and Pollution Management</collection><collection>PAIS International</collection><collection>PAIS International (Ovid)</collection><collection>Sociological Abstracts</collection><collection>International Bibliography of the Social Sciences</collection><collection>International Bibliography of the Social Sciences</collection><collection>Sociological Abstracts (Ovid)</collection><jtitle>Urban studies (Edinburgh, Scotland)</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Sigler, Thomas</au><au>Wachsmuth, David</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Transnational gentrification: Globalisation and neighbourhood change in Panama’s Casco Antiguo</atitle><jtitle>Urban studies (Edinburgh, Scotland)</jtitle><date>2016-03-01</date><risdate>2016</risdate><volume>53</volume><issue>4</issue><spage>705</spage><epage>722</epage><pages>705-722</pages><issn>0042-0980</issn><eissn>1360-063X</eissn><coden>URBSAQ</coden><abstract>Drawing upon the case of Panama’s Casco Antiguo, this paper establishes the theoretical concept of ‘transnational gentrification’: a process of neighbourhood change both enabled by and formative of a spatially embedded transnational ‘gentry’ whose locational mobility creates new possibilities for profitable housing reinvestment in geographically disparate markets where such possibilities would not have otherwise existed. 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source | PAIS Index; Sociological Abstracts; JSTOR Archive Collection A-Z Listing; SAGE Complete A-Z List |
subjects | Automobiles Economic change Economic structure Gentrification Globalization Housing Ideology Markets Mobility Neighborhoods Neighbourhoods Panama Property Residents Transnationalism Urban areas Urban renewal |
title | Transnational gentrification: Globalisation and neighbourhood change in Panama’s Casco Antiguo |
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