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The Impact Of Regionalism On Regional Development Under The Conditions Of A Globalized Economy

Author

Listed:
  • Eva Cihelková

    (University of Economics, Prague)

  • Yelena Frolova

    (Ural Federal University named after the first President of Russia B. N. Yeltsin)

Abstract

The aim of this article is to explain the difference between regionalism and regional development concepts that are often used interchangeably, to investigate the fundamental aspects of two phenomena: regionalism in the sense of “new regionalism†and in the sense of “regional development†at the background of the globalized economy; to check a hypothesis that these two phenomena may be linked together and to study the impact of regionalism on regional integration. The article deepens the concept of “regional development.†At the same time, peculiarities of the current stage of the world economy development under the conditions of globalization are considered. The paper is theoretical (verbal) rather than statistical analysis of the nature, diversity and fundamental aspects of regionalism and regional development in general. The article deals with the impact of regionalism on the location of production, and the growth of competition and market expansion systematizes the main effects of regionalism on market expansion and the location of production.

Suggested Citation

  • Eva Cihelková & Yelena Frolova, 2014. "The Impact Of Regionalism On Regional Development Under The Conditions Of A Globalized Economy," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(4), pages 46-57.
    • Handle: RePEc:ura:ecregj:v:1:y:2014:i:4:p:46-57
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    References listed on IDEAS

    as
    1. André Sapir & Richard Baldwin & Daniel Cohen & Anthony Venables, 1999. "Market integration, regionalism and the global economy," ULB Institutional Repository 2013/8074, ULB -- Universite Libre de Bruxelles.
    2. Ash Amin, 1999. "An Institutionalist Perspective on Regional Economic Development," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 23(2), pages 365-378, June.
    3. Vinokurov, Evgeny & Libman, Alexander, 2012. "Eurasian Integration: Challenges of Transcontinental Regionalism," MPRA Paper 61639, University Library of Munich, Germany.
    4. E. Vinokurov & A. Libman., 2010. "Trends of Regional Integration on the Post-Soviet Space: Results of Quantitative Analysis," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 7.
    5. Paul Krugman, 2009. "The Increasing Returns Revolution in Trade and Geography," American Economic Review, American Economic Association, vol. 99(3), pages 561-571, June.
    6. Eva Cihelková, 2004. "Nový regionalismus: teorie a projevy ve světové ekonomice [New regionalism: theory and trends in the world economy]," Politická ekonomie, Prague University of Economics and Business, vol. 2004(6).
    7. Ron Martin & Peter Sunley, 1996. "Paul Krugman's Geographical Economics and Its Implications for Regional Development Theory: A Critical Assessment," Economic Geography, Taylor & Francis Journals, vol. 72(3), pages 259-292, July.
    8. Baldwin,Richard & Cohen,Daniel & Sapir,Andre & Venables,Anthony (ed.), 1999. "Market Integration, Regionalism and the Global Economy," Cambridge Books, Cambridge University Press, number 9780521645898, November.
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    Cited by:

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