Development Agencies on the Way to Regional Development: Romania-Turkey Comparison

Nadir Eroglu (), Ilhan Eroğlu (), Mustafa Ozturk () and Halil Ibrahim Aydin ()
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Nadir Eroglu: Marmara University, Faculty of Economics, Department of Economics,
Mustafa Ozturk: Fatih University, Faculty of Economics and Administrative Sciences, Department of International Trade
Halil Ibrahim Aydin: Sirnak University, Faculty of Economics and Administrative Sciences, Department of Economics

International Conference on Economic Sciences and Business Administration, 2014, vol. 1, issue 1, 214-221

Abstract: The levels of development disparities vary from region to region so many countries suffer from this problem established regional development agencies for minimizing these differences. Regional development agencies are established with the aim of invigorating regional economies and they aim to unearth regional internal dynamics and convert these dynamics into economic and socio-cultural values in both national and international arena. Thus, agencies can attract investments and contribute to the minimization of unemployment. Furthermore, they can invigorate regional economies and contribute correspondingly to the country’s economic growth. The purpose of this study is to examine the potential roles of regional development agencies in minimizing regional development disparities and their contributions on regional economies. Comparison of Turkish and Romanian development agencies is the sample case for this study.

Keywords: Economic Development; Development Agencies; Development Disparities (search for similar items in EconPapers)
JEL-codes: O10 O43 (search for similar items in EconPapers)
Date: 2014
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