THE ROLE OF THE CONCEPT OF �GROWTH POLES� FOR REGIONAL DEVELOPMENT

Viktor Komarovskiy () and Viktor Bondaruk ()
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Viktor Komarovskiy: National Academy of Public Administration, vickom2@yahoo.com, Odessa, Ukraine
Viktor Bondaruk: National Academy of Public Administration, vbondaruk@yahoo.com, Odessa, Ukraine

Journal of Public Administration, Finance and Law, 2013, vol. 4, issue 4, 31-42

Abstract: This study analyses determinants of the concept of "points of growth" at regional level. The definition of the concept of growth points is considered in terms of economic development of the region, which integrates into the global world. As a basic model of local development is proposed to use the theory for Growth Poles of Fran�ois Perroux, that later was supplemented by Albert Hirschman. To estimate the possible practical applications of the theory for Growth Poles in the development of local economic development programs and regional planning in the article it is considered the adaptive model of "growth points" with feedback. Using the proposed model allows us to develop an algorithm for the local public administration to identify the most prospective areas for attracting FDI.

Keywords: FDI; "Growth Poles"; regional development (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:aic:jopafl:y:2013:v:4:p:31-42

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