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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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    References listed on IDEAS

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    1. Paolo Rizzi & Paola Graziano & Antonio Dallara, 2018. "A capacity approach to territorial resilience: the case of European regions," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 60(2), pages 285-328, March.
    2. Batabyal, Amitrajeet & Kourtit, Karima, 2021. "An Analysis of Resilience in Complex Socioeconomic Systems," MPRA Paper 105197, University Library of Munich, Germany, revised 08 Jan 2021.
    3. Batabyal, Amitrajeet A., 1998. "The concept of resilience: retrospect and prospect," Environment and Development Economics, Cambridge University Press, vol. 3(2), pages 221-262, May.
    4. Anatoliy Tkach & Viktoriia Kolomiiets & Maryna Radieva, 2019. "Institutional Platforms Of The Transformation Of The Economy," Baltic Journal of Economic Studies, Publishing house "Baltija Publishing", vol. 5(2).
    5. Dinda, Soumyananda, 2004. "Environmental Kuznets Curve Hypothesis: A Survey," Ecological Economics, Elsevier, vol. 49(4), pages 431-455, August.
    6. Dimitrios Zikos, 2020. "Revisiting the Role of Institutions in Transformative Contexts: Institutional Change and Conflicts," Sustainability, MDPI, vol. 12(21), pages 1-20, October.
    Full references (including those not matched with items on IDEAS)

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    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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