Regional Development Discrepancies in the Eastern European Union Analysed through the Prism of Growth Determinants

IF 1 Q3 ECONOMICS Global Economy Journal Pub Date : 2018-08-31 DOI:10.1515/gej-2018-0078

Augustin Ignatov

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引用次数: 2

Abstract

Abstract The twenty-first century is characterised by major shifts in the global economic paradigms. Europe constantly diminishes its importance in the world slowly drifting towards the secondary roles in determining the progress of human civilisation. The European Union as the main integrational structure on the continent is set to offer Europe a global perspective and consolidate the member countries’ common influence in international relations. Several enlargement waves were undertaken comprising countries of different economic development level. The main mechanism of the European Union in enhancing the economic cohesion among the member states is the Regional policy. The largest portion of financing is allocated towards enhancing the economic potential of least developed EU regions. Considering this fact, the present research is set to analyse the inter-regional development discrepancies in the Eastern European countries i. e. Poland, Hungary, Czech Republic, Slovakia, Romania and Bulgaria in the context of raising global competition and to identify the key economic growth determinants of the nations. The results underline that there is a strong necessity to empower the prerogatives of the EU to increase its ability to decide the issues related to discrepancies reduction, infrastructure investments and improvement of the regional business opportunities.

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从增长决定因素的棱镜分析东欧地区发展差异

21世纪的特点是全球经济范式的重大转变。欧洲在世界上的重要性不断降低，在决定人类文明进步方面逐渐走向次要角色。欧洲联盟作为欧洲大陆的主要一体化结构，将为欧洲提供全球视野，巩固成员国在国际关系中的共同影响。经济发展水平不同的国家进行了几次扩大。欧盟加强成员国经济凝聚力的主要机制是区域政策。资金的最大部分用于提高欧盟最不发达区域的经济潜力。考虑到这一事实，本研究旨在分析东欧国家的区域间发展差异。波兰，匈牙利，捷克共和国，斯洛伐克，罗马尼亚和保加利亚在提高全球竞争的背景下，并确定国家的主要经济增长决定因素。研究结果强调，有必要赋予欧盟特权，以提高其在减少差异、基础设施投资和改善区域商业机会等问题上的决策能力。

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来源期刊

Global Economy Journal ECONOMICS-

CiteScore

1.60

自引率

14.30%

发文量

期刊介绍： The GEJ seeks to publish original and innovative research, as well as novel analysis, relating to the global economy. While its main emphasis is economic, the GEJ is a multi-disciplinary journal. The GEJ''s contents mirror the diverse interests and approaches of scholars involved with the international dimensions of business, economics, finance, history, law, marketing, management, political science, and related areas. The GEJ also welcomes scholarly contributions from officials with government agencies, international agencies, and non-governmental organizations. One over-arching theme that unites IT&FA members and gives focus to this journal is the complex globalization process, involving flows of goods and services, money, people, and information.