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Bucharest-Ilfov Region Of Romania As A Rising Star In The Regional Competition. Some Insights In The Context Of Globalisation

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  • Daniela-Luminita CONSTANTIN

Abstract

At present we witness an increasing regional competition at global scale, pointing out the regions' permanent efforts to adjust to the new trends and to benefit from potential competitive advantages. In such a complex environment the situation of the winners and losers is very dynamic, an important distinction being made between absolute and relative winners (and losers) (Nijkamp, 1997). This paper discusses the case of the Bucharest-Ilfov region of Romania, which is regarded as one of the 'rising stars', a relative winner in the European regional competition. Bucharest ranks third in the top of CEE cities - best locations for businesses after Warsaw and Prague according to the European Cities Monitor (Cushman and Wakefield, 2011). It has close links with the Ilfov county surrounding area, an interesting functional specialisation - in line with global integration - being noticed at the level of the whole Bucharest-Ilfov (NUTS2) region. The paper explores the main features of the region's economy and its responses to the global trends, revealing the factors that support/impede the benefits of globalisation. It also formulates derived policy options in the context of the 2014-2020 financial exercise of the EU, considering the priorities of the cohesion policy for this period.

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  • Daniela-Luminita CONSTANTIN, 2013. "Bucharest-Ilfov Region Of Romania As A Rising Star In The Regional Competition. Some Insights In The Context Of Globalisation," ERSA conference papers ersa13p1349, European Regional Science Association.
    • Handle: RePEc:wiw:wiwrsa:ersa13p1349
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    References listed on IDEAS

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    1. Harvey Goldstein & Catherine Renault, 2004. "Contributions of Universities to Regional Economic Development: A Quasi-experimental Approach," Regional Studies, Taylor & Francis Journals, vol. 38(7), pages 733-746.
    2. Lengyel, Imre, 2000. "A regionális versenyképességről [Regional competitiveness]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(12), pages 962-987.
    3. Wright, Mike & Clarysse, Bart & Lockett, Andy & Knockaert, Mirjam, 2008. "Mid-range universities' linkages with industry: Knowledge types and the role of intermediaries," Research Policy, Elsevier, vol. 37(8), pages 1205-1223, September.
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    Cited by:

    1. Raluca Grosu, 2015. "Dynamics of Immigrant Entrepreneurship in Romania," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(2), pages 172-182.

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    More about this item

    Keywords

    regional competition; globalisation; functional specialisation;
    All these keywords.

    JEL classification:

    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)

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