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Region - engine of growth in global economy

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Soproni, Luminita

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Abstract Globalization changes the role and functions of the border and creates new forms of regional cooperation and development, arising from the need to generate development opportunities and to enhance international competitiveness of states in the international interconnected frame of the the present. In this context, the micro-region represents a pole of development and growth not only adapted to strong economies, but also to countries in full process of development and growth, seeking solutions to annihilate the effects of the global crisis and to globally increase their competitiveness. The starting point for the introduction of these mechanisms is to identify the suitable resources in order to become the center of the region’s development and the source of attracting foreign capital.
Keywords economic development (on national level); economic growth; globalization; competitiveness; region; regional development; regionalization; cross-border cooperation; regional integration; economic integration
Classification National Economy; Economic Policy
Free Keywords region–state; success stories
Document language English
Publication Year 2014
Journal Transylvanian Review (2014)
ISSN 2067-1016
Status Preprint; peer reviewed
Licence Creative Commons - Attribution-NonCommercial