The regional development policy in Brazil materializes mainly in the regional development funds for the north-east (FNE), the north (FNO), and the centre-west (FCO), in which more than EUR36 billion was invested between 2004 and 2010. This paper examines the economic effect of these regional...

This article sets out the conceptual framework and results of Regional Quality of Living indicators that were developed in order to benchmark European NUTS2 regions. Nine non-business-related indicators are constructed to support the goal of policy makers to improve the attractiveness of regions...

The Baltic Sea region is one of the most socially, economically and technologically developed regions in the world. The region has a high GDP level, limited social inequality in a global context, leading positions in Doing Business and Global Competitiveness indeces. Meanwhile, the region is...

The smart specialization concept was implemented in the EU in 2014, stating that regions have to specify specialization areas for development of innovations. Economic specialization reveals a comparative advantage in that field. However, there are different arguments linking specialization to...

The evaluation of economic development level is commonly measured by the growth rate of GDP. However, this single-dimensional measurement may cause potential issue to investigate sustainable economic development and growth model. An alternative framework is introduced to economic development...

This section tries to explain the global progress, local variability and lack of systematic relationship between economic growth and progress in other dimensions of human development, emphasizing the importance of ideas and technologies. Money matters, but the facts clearly show that it is...