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Local Economic Development. Some Theoretical Premises

Author

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  • DIMITRIU, Mihail

    (Centre for Financial and Monetary Research “Victor Slavescu”, N.I.E.R., Romanian Academy, Bucharest, Romania)

Abstract

In conclusion, there is a great interest in regional theories, which analyze and support the importance of institutions and different bodies in promoting development at the territorial level. Together with the institutions, regional policies also have an important role, which, through the established objectives and the tools used, can affect both localization and regional development. The choice by the local authorities of the models on which to base their medium and long-term development strategies must be a permanent concern in achieving performance. A viable solution for generating community development and conducting a comprehensive community-wide process could be given by the implementation of several models in the same community, models that are being planned at the implementation stage become complementary and complement the process Community-level development at the level of each community.

Suggested Citation

  • DIMITRIU, Mihail, 2018. "Local Economic Development. Some Theoretical Premises," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 6(1), pages 176-182, October.
    • Handle: RePEc:vls:rojfme:v:6:y:2018:i:1:p:176-182
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    More about this item

    Keywords

    real economy; local economic development; network;
    All these keywords.

    JEL classification:

    • D80 - Microeconomics - - Information, Knowledge, and Uncertainty - - - General
    • 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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