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Local Economic Development. Some Theoretical Premises

Author

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  • Mihail DIMITRIU

    (Victor Slăvescu Center for Financial and Monetary Research, Romanian Academy)

  • Otilia MANTA

    (Athenaeum University of Bucharest)

Abstract

The role of regions in national economies has changed significantly over the last period as a result of globalization and structural adjustments, understanding this process being crucial to understanding regional economic analyzes and regional development planning. The regional impact of recent economic and social changes has placed the development of national economies in a complex, uncertain and competitive world, which has led to fundamental changes in the structure of their economies, the development being profoundly differentiated, producing acute differences between winners and losers, rural areas suffer from a marked decline, with the specialization of the economy requiring protection to make products and services.

Suggested Citation

  • Mihail DIMITRIU & Otilia MANTA, 2017. "Local Economic Development. Some Theoretical Premises," Internal Auditing and Risk Management, Athenaeum University of Bucharest, vol. 47(3), pages 60-70, Supplemen.
  • Handle: RePEc:ath:journl:v:47:y:2017:i:3:p:60-70
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    Keywords

    national economies; development;

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