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Gheorghe-Cosmin Manea () and Andreea Cozea ()
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Gheorghe-Cosmin Manea: Bucharest University of Economic Studies
Andreea Cozea: National Research and Development Institute for Industrial Ecology

Romanian Economic Business Review, 2021, vol. 16, issue 3, 38-45

Abstract: Some regions in the European Union, especially those in the south, today face the impact of an economic crisis, which is global and systemic in its size, but has different effects on a regional and local scale, which reinforces inherited spatial inequalities. In this paper is applied the emerging concept of territorial resilience that tries to explain why some areas are capable of renewal and revitalization, while others remain blocked and begin a process of decline. Beyond the structural keys of the capitalist crisis, the text raises the value of accumulated theory and practice in promoting local development and creating innovative environments to better understand the unequal vulnerability of territories to the current recession. This involvement implies on the part of the states the development of economic development policies and the proposal of strategies in terms of increasing resilience.

Keywords: Economic crises; vulnerability; resilience; regional development; economic policies. (search for similar items in EconPapers)
Date: 2021
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Handle: RePEc:rau:journl:v:16:y:2021:i:3:p:38-45