What will come first ? non-acceptable global warming or extinction of oil reserves? Both processes can bring substantial costs to the mankind, but their order has important economic implications. The answer to this question will either lower oil price in the long run or will lead to its further...

Russia is one of the most heterogeneous countries, consisting of more than 80 regions. Among other features, its regions vary by their involvement in international trade and by vulnerability to external shocks. Russian economy is becoming more open, but openness of regions varies greatly,...

The relationship between decentralization and the quality of governments is one of the core issues of decentralization studies. This paper aims to make two contributions to this research. Firstly, we conduct an empirical analysis at the local level, covering 174 regions across the European...

Maritime location of Canada has not been questioned by many generations of researchers. However, a quick look at the map or the coastline measurements do not always allow to identify the real sources of its inalienable properties. Canada ranks first in coastline in the world and is formally "the...

A review of the types of Innovation System identified in the literature points to different models. Besides the very well-known National, Regional, Local, sectorial, and technological innovation systems, combinations of the previous can be identified, proposing sub-models such as National Open...

There is a high research and political interest in regional disparities now. Regional disparities are at the heart of prominent theories of regional development as well as of the ambitious project of European integration. Moreover, regional policies at various spatial levels are formulated in...

The economic crisis has affected the EU regions very differently over the last five years, depending on the region's strengths or weaknesses, its sectoral structure and the response of national and regional governments. In some countries, downturns can lead to narrower interregional disparities,...

There are a number of research themes related to location of economic activities. Brownfield redevelopment or comparison of brownfields and greenfields belong to them. Note that the importance of these themes is given by their close relationship to sustainable development principles. Generally,...

This paper begins with a conceptual approach to the third sector, followed by a review of the relationship between investment and growth. The empirical component focuses on Portuguese NUT III Douro and Alto Trás-os-Montes regions, which are said to be less developed, and have been the...

Effective, balanced development of regions is one of the major factors of economic growth of any country, both in macroeconomic stability, and in functioning of national economy in the conditions of world crisis. Occurring on a boundary XX and ’’I centuries transformation of economy of the...