LOCAL LEADERS AND THEIR RESPONSIBILITY IN SHAPING THE NEW ECONOMY OF FORMER INDUSTRIAL REGIONS

Sabina Irimie () and Mihai – Ionut Danciu

Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, 2016, vol. 10, issue 1, 351-365

Abstract: This paper aims to highlight the importance of local leaders in the functional restructuring of former industrial areas, as the latter are struggling to reset their economic processes. The emergence of the third industrial revolution produces a series of vital changes and the most affected regions are the ones that were once dependent to the production and processing activities specific for the industrial age. This shift is undesired for stakeholders that were once dependent to the state economy, and they are now looking to reset their activities in order to adjust themselves to the market economy. There is a new regional metabolism that is setting, and the greatest responsibility in this process stands on the shoulders of people’s representatives: local administrations (LPA). This metabolism consists of flows of materials and information in the process from production to consumption that has to be reconsidered in the new situation of the global economy and it has to be analyzed using both economic and spatial tools. This is where this paper brings a relevant contribution to research, by combining methods used in management, public administration and territorial planning. The result is an overview of the processes in industrial zones, highlighting the role of local leaders in each situation.

Keywords: leadership; metabolism; administration; process (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:rom:mancon:v:10:y:2016:i:1:p:351-365

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