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Regional Development Disparities in Europe

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  • Liliana Craciun

    (Academy of Economic Studies, Bucharest, Romania)

Abstract

Regional economic integration provides both, developing countries and the least developed, the ability to enjoy the benefits of a larger „European “market, whether it is their home or their adoptive home. This issue gains a larger dimension in the context of economic crisis and euro zone. The argument for this statement is that regional development disparities may negatively affect economic cohesion from European space. There were identified two obstacles of the efficient use of European resources. The first one is the geographic barrier: the inability to make labor division due to barrier restrictions. The second one is the lack of an entrepreneurial culture. The entrepreneurial culture provides the flexibility of economy - in particular, the structural flexibility to cope with changes in the division of labor. These disparities can be gradual changed, and they are primarily result from autonomous technological innovations made in response to depletion of resources or affected environment. Analyzing regional development disparities there were applied well known research methods: analytical and statistical method. The analysis consists on selecting and describing a set of indicators “measures” for regional competitiveness, able to show the situation of the region in metric terms, but also from economic point of view.

Suggested Citation

  • Liliana Craciun, 2013. "Regional Development Disparities in Europe," Acta Universitatis Danubius. OEconomica, Danubius University of Galati, issue 9(4), pages 451-461, August.
    • Handle: RePEc:dug:actaec:y:2013:i:4:p:451-461
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    File URL: http://journals.univ-danubius.ro/index.php/oeconomica/article/view/1816
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    References listed on IDEAS

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