scholarly journals DIVERSIFICATION OF LOCAL STRUCTURAL ECONOMIC POLICY OF CITIES: CONCEPTUAL ASPECT

Author(s):  
Maryana Melnyk ◽  
Iryna Leshchukh

Modern global challenges and threats actualize the search for ways to diversify urban development in order to increase their competitiveness and resilience to global challenges. The article proposes a conceptual approach to the diversification of local economic policy of cities (on the example of cities in the Western region of Ukraine), taking into account the loads of transformations in the structure of their economy. This approach includes the following areas: development of economic sectors with growing economic and social impact, strategic competitiveness; support for the innovative vector of development; infrastructure development and formation of a favorable business environment; digitalization of economic activity. The key principle of the policy of structural transformation of the urban economy should be to ensure sustainable community development (ie achieving economic, environmental and social balance). Other important principles are: efficiency, effectiveness and strategic orientation; social cohesion; stability (manifested in the ability of the local economy to minimize the negative effects of exogenous factors and adapt to new conditions or change the vector of its sustainable development); partnership between different stakeholders (in particular, within the framework of inter-municipal / inter-regional cooperation on the implementation of major infrastructure, social, cultural, innovative, etc. projects); innovation and efficiency. The results of the structural transformation of the urban economy must satisfy the economic, environmental and social aspects of community life. Effective implementation of local structural economic policy is possible only if: first, increasing the role of cities in their socio-economic development for effective structural change (local authorities should be the main strategists in choosing local structural policy, they should have a decisive say in choosing specific economic development programs), and secondly - compliance with the principle of coherence and synchronization of all levels of government (ie building state development priorities, preparation of regional development strategies taking into account state priorities, development of community development strategies that take into account both national priorities and strategic directions of regions/cities).

2013 ◽  
pp. 4-23 ◽  
Author(s):  
V. Mau

The paper deals with the trends in the world and Russian economies towards development of a new post-crisis system, including technological and structural transformation. Three main scenarios of Russian economic development (conservative, innovation and acceleration) are discussed basing on historical analysis of Russian economic performance since 1970-s when oil boom started. On this basis key challenges of economic policy in 2013 are discussed.


1987 ◽  
Vol 2 (1) ◽  
pp. 38-48
Author(s):  
Mike Morrissey ◽  
Frank Gaffikin

In this, the first of two articles, the authors examine the particularly grim problems of the local economy in N. Ireland. They argue that such problems have to be understood in the context of N. Ireland's distinctive politics and administration. Following an assessment of economic development performance in recent decades, they conclude with a critical review of government strategies for the future. In the second article they intend to examine other local suggestions for economic policy, and to outline a “popular” alternative strategy.


Author(s):  
Viktor Borshchevskyy

The problems of structural changes in the economy of large and medium-sized cities of the Western region of Ukraine are investigated. Special attention is paid to the spatial localization of cities, the cultural and historical traditions of functioning of their economy, the branch specialization and institutional environment of influence on the formation of business climate and economic development as the main factors of structural transformation of urban economy. To compare the peculiarities of economy transformation in the selected for the study large and medium-sized cities of the Western region of Ukraine, the dynamics of change of individual comparable indicators of their development in 2010 - 2017 were analyzed. This primarily relates to such indicators as the volume of freight transportations, the total area of new residential buildings, the retail turnover of enterprises, the capital investments, as well as the export services and its ratio to the export of goods. Based on the analysis of the relevant data, the main tendencies of structural transformation of the economy of large and medium-sized cities of the Western region of Ukraine that were selected for the study have been identified. The mentioned structural transformation are confirmed to be occurring primarily in the direction of equalization of the branch proportions of economic development of cities, irrespective of their size. At the same time, there is a tendency to move from mono-functional to poly-functional specialization of the urban economy on the basis of accelerated growth of those types of economic activity, the potential of which has not been fully realized before. The research gave the basis for the conclusion that the size of the city is not the determinative factor for the development or decline of certain types of their economic activity. Instead, spatial localization and traditions of business culture as well as the characteristic features of the evolution of the institutional environment of the city and the quality of human capital have the primary importance.


Author(s):  
Rob Imrie ◽  
Stuart Wilks-Heeg

During the 1980s local economic policy became an issue of major political concern. The polarisation of the New Right market‐led strategies advanced by the Thatcher governments and the New Left-inspired counter-response, typified by the last years of the GLC, reflected the tenor of national political and economic debates at the time. Arguably, in the 10 years since the abolition of the GLC, local economic development has been devoid (some might say spared) of any “big idea” arising from wider political debates. Recently, however, there have been signs that a new political direction may be emerging at the national level with significant implications for local economic policy. That direction is the notion of stakeholding.


2022 ◽  
pp. 229-249
Author(s):  
Otávio L. C. Romano Jr. ◽  
Bruno R. D. Lucena ◽  
Armando Lirio de Souza ◽  
Thiago Poleto

Microcredit involves offering credit in small amounts and at low interest rates to economically disadvantaged populations and those who cannot offer guarantees. The offer of microcredit for solidarity purposes is not aimed at increasing an organization's profits but rather toward local economic development and as an initiative to eradicate poverty. The first community development bank was founded in Brazil in 1998. Such banks offer financial, solidary-based, networked services of an associative nature and are aimed at reorganizing local economies through job and income generation and establishment of a solidarity economy. This chapter presents the following problem question: How has the mobile payment or electronic payment technology impacted the performance of Brazilian solidary digital banks? It also presents guidelines for replicating this model in developing countries.


Author(s):  
Christian Ketels

This chapter examines the relationship between competitiveness and structural transformation. It first provides an overview of the similarities and complementarities that link the competitiveness approach with the new literature on structural transformation, along with the differences between them, before discussing the role of competitiveness in economic development. The focus is on competitiveness as defined by the productivity-based view, along with drivers of competitiveness, the goals and motivations for economic policy aimed at improving competitiveness, and the new structural economics that offers a novel set of recommendations for how economies can speed up the process of structural transformation. The chapter identifies an integrated view that captures both the role of competitiveness fundamentals and industrial composition in driving productivity and prosperity outcomes.


Author(s):  
Evgeniy Artemov ◽  
Konstantin Bugrov

The conference brought together over 100 Russian and international scholars. They discussed issues of fundamental importance for understanding Russia's economic development in the imperial, Soviet and post-Soviet periods. These include features of Russian modernizations, the role of institutional, sociocultural and geopolitical factors in the choice of development strategies, the general and the special, continuity and gaps in the economic policy, the history of industry, the farming sector, transport, the financial system, regional development, living standards over time, etc. The discussion revealed fruitful complementary studies of economic processes at macro and micro levels, the need for a long-term perspective in understanding their vector in the context of the “biggest challenges”.


2014 ◽  
pp. 4-32 ◽  
Author(s):  
V. Mau

The paper deals with Russian social and economic development in 2013 and prospects for the next year or two. The author discusses the logic and trends of the global crisis started in 2008. This is the basis for further analysis of current Russian economic performance with special emphasis on the problem of growth rates deceleration. Special attention is paid to economic risks and priorities of economic policy.


2007 ◽  
pp. 116-132 ◽  
Author(s):  
S. Kimelman ◽  
S. Andyushin

The article basing upon estimation of the social and economic potential of Russian Federation subjects shows that the resource model of economic development is suitable for nearly half of them. The advantages of this model are described using the example of the Far Eastern Federal District subjects that could be the proof of the necessity of "resource correction" of regional economic policy in Russia.


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