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Global Challenges vs. the Need for Regional Performance Models under the Present Pandemic Crisis

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  • Romeo-Victor Ionescu

    (Administrative Sciences and Regional Studies, Faculty of Juridical, Social and Political Sciences, Dunarea de Jos University, 111th, Domneasca Street, 800201 Galati, Romania)

  • Monica Laura Zlati

    (Accounting, Faculty of Economics, Administration and Business, Stefan cel Mare University, Universitatii Street, no. 13, 720229 Suceava, Romania)

  • Valentin Marian Antohi

    (Business Administration, Faculty of Economics and Business Administration, Dunarea de Jos University, Nicolae Balcescu Street, no. 59-61, 800001 Galati, Romania
    Finance, Accounting and Economic Theory, Faculty of Economic Sciences and Business Administration, Transylvania University, Colina Universitatii Street, no. 1, 500036 Brasov, Romania)

Abstract

The present study uses the analysis of the EU’s regional performance structure based on clusters to test the versatility of the regional administrative capacity in relation to three disruptive global phenomena: the economic crisis, the coronavirus epidemic and the phenomenon of refugee migration to Europe. We defined a regional performance model based on maintaining sustainability indicators in the 240 EU regions. The objectives of the study are aimed primarily at a structured assessment of regional administrative capacity in the initial version, based on statistical indicators, and in the current version, after the outbreak of the pandemic, based on quantifying the impact of the disturbing factors. Secondly, the objectives of the study are to evaluate the reaction of the administrative units according to their ability to respond to the economic problems in the region, in the sense of improving the performance of the regional economies. The methods used in this paper will be empirical (the study of the specialized literature), analytical and will contain econometric modelling and statistical processing of the data. The results of the study will allow the identification of the necessary traits to train a leader in regional performance, traits that will be useful to European decision makers in adjusting the EU regional policy. Moreover, the need to redefine the EU in terms of performance will be substantiated once again. The study is current and is based on the latest Eurostat information, pertinent tables and diagrams.

Suggested Citation

  • Romeo-Victor Ionescu & Monica Laura Zlati & Valentin Marian Antohi, 2021. "Global Challenges vs. the Need for Regional Performance Models under the Present Pandemic Crisis," IJERPH, MDPI, vol. 18(19), pages 1-30, September.
    • Handle: RePEc:gam:jijerp:v:18:y:2021:i:19:p:10254-:d:646189
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    References listed on IDEAS

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