The article deals with abundant relations between chosen informal institutions and regional development in our country. It is argued that frequently used macro-view that perceives the country as one unit disregards the inner spatial economic disparities that may weaken the economic stability of...

ABSTRACT Today, the Southeastern and Eastern (SE&E) parts of Turkey are facing many problems. The clear difference in economic development between the Western and Eastern parts of Turkey has dropped the Eastern part into deep crises. Many have debated these crises and postulated different...

The fundamental objective of the EU regional policy is to reduce differences in development between regions in Europe. EU is directing structural funds to the regions which need help, and in that way EU helps to raise the level of employment and living standards. Financing is based on 4 main...

The paper considers the principle tasks, priorities, trends, and sources of modernizing the Russian socio-economic system and its real sector. We show the peculiarities of modernization of the spatial structure of the economy; dynamics and efficiency of some economic activities; and the fact...

Inter-regional disparities in China have been an important concern for central-government policy-makers for most of the past 60years. One of the main policy instruments for redressing the imbalance between the prosperous coastal region and the poorer inland region has been the allocation of...

The global welfare implications of home market effects in trade models with imperfect competition are little understood. This paper proposes a simple model in which such implications can be easily analyzed. It shows an overall tendency of imperfectly competitive sectors to inefficiently cluster...

This paper deals with allocation of financial resources from selected operational programmes among Czech regions and assess whether a regional innovation paradox occurs in the Czech Republic. Regional innovation paradox expresses a state when some regions with lower innovation performance and...

China’s transformation into a dynamic private-sector-led economy and its integration into the world economy have been among the most dramatic global economic developments of recent decades. This paper provides an overview of some of the key aspects of recent developments in China’s...

This document presents a detailed analysis of the regional development issue in Quebec. First, it includes an analysis of the available regional economic data, which confirms the relative decline of "peripheral"" regions versus ""central"" regions. A critical survey of regional policies enforced...

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....