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Role and importance of state policies and strategies for the regional development of economy

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  • Georgi Nikolov

Abstract

This article presents theoretical issues associated with setting priorities of public policies and regional development strategies and their role in enhancing regional competitiveness and increasing the welfare of their population. The major components in the preparation of certain government policies and strategies are outlined. Consistently tasks and circumstances of their formation and the methodology for their preparation to meet the requirements of attracting investments and providing a favorable business environment are presented. The author has analyzed the role and has derived the principles of the National Spatial Development Concept as one of the factors for the progress of the Bulgarian economy.

Suggested Citation

  • Georgi Nikolov, 2016. "Role and importance of state policies and strategies for the regional development of economy," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 5, pages 119-135.
    • Handle: RePEc:bas:econth:y:2016:i:5:p:119-135
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    More about this item

    JEL classification:

    • J38 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Public Policy
    • R5 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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