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Introduction to Transformative Economies

Author

Listed:
  • Batabyal, Amitrajeet
  • Khachatryan, Karlen
  • Kourtit, Karima
  • Nijkamp, Peter

Abstract

This introductory chapter outlines the analytical foundations of transformative economies, emphasizing how economic change emerges from the interaction of human capital, cultural values, institutional quality, spatial dynamics, and policy innovation. It situates the book’s five-part structure within a broader framework that views transformation as a multidimensional and context-dependent process. By highlighting both successful pathways and cautionary failures, this chapter establishes a conceptual roadmap for understanding how societies pursue resilience, sustainability, and inclusive development in an era of profound global and regional challenges.

Suggested Citation

  • Batabyal, Amitrajeet & Khachatryan, Karlen & Kourtit, Karima & Nijkamp, Peter, 2025. "Introduction to Transformative Economies," MPRA Paper 127948, University Library of Munich, Germany, revised 03 Feb 2026.
  • Handle: RePEc:pra:mprapa:127948
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    File URL: https://mpra.ub.uni-muenchen.de/127948/1/MPRA_paper_127948.pdf
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    More about this item

    Keywords

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    JEL classification:

    • E20 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • P00 - Political Economy and Comparative Economic Systems - - General - - - General

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