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Development Agencies on the Way to Regional Development: Romania-Turkey Comparison

Author

Listed:
  • Nadir EROGLU

    () (Marmara University, Faculty of Economics, Department of Economics,)

  • Ilhan EROGLU

    () (Gaziosmanpasa University, Faculty of Economics and Administrative Sciences, Department of Economics,)

  • Mustafa OZTURK

    () (Fatih University, Faculty of Economics and Administrative Sciences, Department of International Trade)

  • Halil Ibrahim AYDIN

    () (Sirnak University, Faculty of Economics and Administrative Sciences, Department of Economics)

Abstract

The levels of development disparities vary from region to region so many countries suffer from this problem established regional development agencies for minimizing these differences. Regional development agencies are established with the aim of invigorating regional economies and they aim to unearth regional internal dynamics and convert these dynamics into economic and socio-cultural values in both national and international arena. Thus, agencies can attract investments and contribute to the minimization of unemployment. Furthermore, they can invigorate regional economies and contribute correspondingly to the country’s economic growth. The purpose of this study is to examine the potential roles of regional development agencies in minimizing regional development disparities and their contributions on regional economies. Comparison of Turkish and Romanian development agencies is the sample case for this study.

Suggested Citation

  • Nadir EROGLU & Ilhan EROGLU & Mustafa OZTURK & Halil Ibrahim AYDIN, 2014. "Development Agencies on the Way to Regional Development: Romania-Turkey Comparison," International Conference on Economic Sciences and Business Administration, Spiru Haret University, vol. 1(1), pages 214-221, December.
  • Handle: RePEc:icb:wpaper:v:1:y:2014:i:1:214-221
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    More about this item

    Keywords

    Economic Development; Development Agencies; Development Disparities;

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth

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