Five years ago the first theoretical works on industry clusters in regional development appeared in the Czech academic papers and conference proceedings. The research in this field, which was initiated at the Faculty of Economics at VSB-Technical University of Ostrava, was followed by other...

The new paradigm of regional policy is based more on competitiveness, innovation and internal potential of regions than on balancing regional disparities by public aid only. Innovation policies are being established and implemented at national and regional levels covering relatively a broad...

Regional development and regional policy are not only economic categories discussed by politician, European Union but also by individual territories, regions and counties. Marketing places, as a specific form of marketing, is one of instruments (in hand of regions), that could be used in...

The economic and financial crisis has brought firms, territories and countries before a set of restrictions to a greater or lesser extent, function as the conditioners of economic activity for several agents, also affecting their activities associated with the development of its innovation...

The aim of this paper is twofold. First, we analyze the Inter-territorial Compensation Fund (ICF) as a regional policy instrument contemplated in the 1978 Spanish Constitution. Attention is focused on the period 1990-2013. Both the drivers of the ICF and its impact on regional public investment...

During the past two decades, the “Washington Consensus” has been the dominant recipe for unleashing economic growth in developing countries. In view of the strong criticism mounted against it, it seems to have lost prominence recently. The success of the East Asian newly industrialized...

This Selected Issues paper analyzes fiscal devolution in Belgium. It examines long-term fiscal strategies for meeting the fiscal burden of population aging. The paper presents estimates of the fiscal costs of population aging in Belgium, and discusses their sensitivity to underlying assumptions....

The principle aims of regional policy can be encapsulated in terms of ‘spatial equity’ and ‘economic efficiency’. Establishing the relation between these two aims is of fundamental importance. Conventionally, however, it is assumed that there is a conflict or a ‘trade-off’ between...

This paper addresses the identification and the analysis of the remote rural areas (RRA) that should be at the center of future regional development policies for periphery areas in averagely highly developed territories, such as the Emilia-Romagna region. However, since none of the areas of the...

Article about the situation and the problems existing in the field of innovative development of Russian industry in the 1992-1998. The author analyzes the state innovation policy in Russia, highlights the major problems of implementation of industrial innovation, and offers solutions.