Contributions to the Issue of Regional Economic Growth and Equilibrium
Keywords:
regional policy, regional growth, regional equilibrium, regional sustainabilityAbstract
The geopolitical change of direction taking place after 1989 induced a number of positive and negative social and economic changes
in Hungary (as in the other post-socialist countries). Among the latter changes perhaps the most depressing one is that in the past
two decades economic policy has not been able to achieve a sustainable and balanced economic growth, either in the short or in the
long term, or to manage the problems arising from its lack. The external and internal imbalance (at macro and mezzo levels) arising
in this way is continuously generating serious tensions.
This paper attempts to find an answer to the question of what role regional policy can play in creating local and regional economic
equilibrium and in starting a relative convergence.
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