The Romania – Ukraine – Moldova Growth Triangle as a Spatial Dimension of Structural Transformations in Cross-Border Areas

Olha Babinska ()
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Olha Babinska: Chernivtsi Trade and Economics Institute of the University of Kyiv, National Trade and Economics University, Chernivtsi, Ukraine

Agricultural Economics and Rural Development, 2017, vol. 14, issue 2, 195-207

Abstract: It should be noted that the situation in modern Europe has dramatically changed, and Ukraine requires a completely new development paradigm as an appropriate response to the global systemic problems and contradictions. The global systemic contradictions of modern regional development present a mix of challenges, threats and opportunities at different levels; thus, it is necessary to develop new forms of regional cooperation and economic integration to provide socio-economic innovation growth as a basis for sustainable development of the country. The key external factors of the creation and operation of the Romania – Ukraine – Moldova Growth Triangle (RUM-GT) are analyzed. The conceptual development model of RUM-GT as the most efficient instrument to strengthen the cooperation between the countries is suggested.

Keywords: regional development; cross-border cooperation; growth triangle; economic growth; economic integration. (search for similar items in EconPapers)
JEL-codes: F15 R58 (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:iag:reviea:v:14:y:2017:i:2:p:195-207

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