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The Romania – Ukraine – Moldova Growth Triangle as a Spatial Dimension of Structural Transformations in Cross-Border Areas

Author

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  • Olha BABINSKA

    (Chernivtsi Trade and Economics Institute of the University of Kyiv, National Trade and Economics University, Chernivtsi, Ukraine)

Abstract

It should be noted that the situation in modern Europe has dramatically changed, and Ukraine requires a completely new development paradigm as an appropriate response to the global systemic problems and contradictions. The global systemic contradictions of modern regional development present a mix of challenges, threats and opportunities at different levels; thus, it is necessary to develop new forms of regional cooperation and economic integration to provide socio-economic innovation growth as a basis for sustainable development of the country. The key external factors of the creation and operation of the Romania – Ukraine – Moldova Growth Triangle (RUM-GT) are analyzed. The conceptual development model of RUM-GT as the most efficient instrument to strengthen the cooperation between the countries is suggested.

Suggested Citation

  • Olha BABINSKA, 2017. "The Romania – Ukraine – Moldova Growth Triangle as a Spatial Dimension of Structural Transformations in Cross-Border Areas," Agricultural Economics and Rural Development, Institute of Agricultural Economics, vol. 14(2), pages 195-207.
    • Handle: RePEc:iag:reviea:v:14:y:2017:i:2:p:195-207
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    More about this item

    Keywords

    regional development; cross-border cooperation; growth triangle; economic growth; economic integration.;
    All these keywords.

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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