ECONOMIC GEOGRAPHY AND ITS RELEVANCE IN UNDERSTANDING GLOBAL ECONOMIC TRANSFORMATIONS

Abstract

An economy to operate needs a financial and monetary system that in the contemporary world has been perfected with a transition that went from the exchange of goods, labor, to gold, currencies and credit securities (all physical) to digital transactions. Global transformations follow a complex dynamic. In this geographical dialogue, the objective of this study is to present how economic geography contributes to the understanding of economic praxis, and specifically points out the characteristics of economic geography. The methodology used deals with bibliographic studies thought in a qualitative way or with the use of dialectics. The main conclusions are that Economic Geography is one of the subareas of Humanistic Geography that works with the spatial identification of productive sectors. Economic sectors and commercial networks in contemporary times; It identifies the global economy with regional development and economic inequalities and the main concepts are linked to the theory of location, the geography of development, globalization and its economic implications.