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Exploring The Coherence And The Meaning Of Territorial Competition: Do National States Behave In The Same Way As Firms In Case Of Default?. The Cases Of Greece And Dubai

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  • KAPITSINIS, Nikolaos
  • METAXAS, Theodore
  • DUQUENNE, Marie Noelle

Abstract

In the modern globalized economy there are some concepts which are very important for the current socio-economic system. One of them is competition. A specific field that competition has spread is geography; i.e. competition among territorial units (cities, regions or states). There are scholars who defend it and scholars who criticize it. This paper focuses on the overview of these opinions and on the weak issues of territorial competition which show its incoherence. Within this context, and through a broader study over the behaviour of a firm and a territory, the cases of Greece and Dubai present remarkable interest regarding their behaviour under bad economic performance and its comparison with the behaviour of a firm, particularly in case of default.

Suggested Citation

  • KAPITSINIS, Nikolaos & METAXAS, Theodore & DUQUENNE, Marie Noelle, 2013. "Exploring The Coherence And The Meaning Of Territorial Competition: Do National States Behave In The Same Way As Firms In Case Of Default?. The Cases Of Greece And Dubai," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 13(2), pages 57-72.
    • Handle: RePEc:eaa:aeinde:v:13:y:2013:i:2_5
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    Keywords

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    JEL classification:

    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
    • H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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