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Competitiveness in Regional Development

Elena Mădălina Oprițescu ()
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Elena Mădălina Oprițescu: University of Craiova, Romania

Annals of the University of Petrosani, Economics, 2012, vol. 12, issue 4, 169-176

Abstract: The development and diversification of the economic activities, the stimulation of investments both in the public sector, but mainly in the private one, the reduction of unemployment, the improvement of living standards are just some of the concepts aimed at by the regional development. The main method which can lead to a balanced development of the regions is financing them differentially so that the underdeveloped regions would obtain proportionally more funds that the developed ones. At a region level, the main objective is represented by the more accelerated growth of the less developed regions, in an effort to diminish the inter-regional and intra-regional development disparities. A key role is played by the sustainable economic growth concept, while also analyzing the competitiveness at a regional level, as well as the main development factors.

Keywords: competitiveness; regional development; sustainable economic growth; efficiency; equity (search for similar items in EconPapers)
JEL-codes: G01 R11 (search for similar items in EconPapers)
Date: 2012
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