Регионален икономически растеж : теория и практика
Regional Economic Growth : Theory and Practice

Author(s): Kamen Petrov, Nikolay Tsonkov, Cvetelina Berberova-Valcheva
Subject(s): Politics, Social Sciences, Economy, Geography, Regional studies, National Economy, Regional Geography, Sociology, Economic policy, Economic development, Socio-Economic Research
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: regional development; regional economic growth; regions; public governance; Bulgaria; modelling
Summary/Abstract: Modeling regional economic development on the territory of a country and individual regions and peripheral spaces is undoubtedly a complex process. It is carried out using one or more key indicators or is a consequence of political, economic, administrative, and cultural processes taking place in the country. In this direction, the regional toolkit is called upon to illustrate processes and phenomena in the management of territorial development by business and public management. Most research in this area has involved the analysis of individual factors that influence the dynamics of problems over a time horizon. In this regard, the study examines some of the aspects that can lead to imbalances in the development of territorial units or to a change in the pattern of administrative-territorial division that has significant importance for state governance. Along with this, a new approach is needed to derive a new framework for the structure of the regional economy. This implies that the focus of regional economic growth has its distinctive features of geographical location, spatial localization, and regional development management. Thus, regional economic growth does not even exhaust the territorial aspect of a site" such as "location, size, shape, topography, hydrography, climate, population, economy, roads and communications, and so on, but also relies on each territorial unit to be characterized in a larger passport effect. This process of regional economic flexibility of the territory gives us the new spatial form of the settlement structure, which also determines the way of life of the settlement and its role in the national economy. The complex nature of the regions and the presence of many separate systems make their linear mathematical programming impossible. For this reason, two regions that are completely identical in terms of quantitative characteristics, with similar production performance, age structure, and employment, may have opposite development trends. Careful selection of indicators for analysis will lead to correct forecasting of future development of individual regions. This brings regional development management to the fore. At the heart of regional development is the proper planning of activities that lead to regional economic growth. Monitoring this process involves the selection of adequate indicators. This monograph aims to examine the different aspects of regional economic growth, which is fundamental for the territorial development of regions. The book provides several examples of regional development in Bulgaria and the changes needed to achieve high regional economic growth. The present study in the field of regional economic growth is a combination of knowledge presentation and accumulated practice in Bulgaria and worldwide.

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