Multi-level convergence challenges of regional economic development

This study is devoted to the analysis of convergence in the economic development of regions, and these aspects are considered in the article in conjunction with the general trend of departure from economic globalization and transition to a new regionalism. The general trend of the new regionalism in...

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Main Author: V. V. Stroev
Format: Article
Language:English
Published: Publishing House of the State University of Management 2023-11-01
Series:Вестник университета
Subjects:
Online Access:https://vestnik.guu.ru/jour/article/view/4718
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author V. V. Stroev
author_facet V. V. Stroev
author_sort V. V. Stroev
collection DOAJ
description This study is devoted to the analysis of convergence in the economic development of regions, and these aspects are considered in the article in conjunction with the general trend of departure from economic globalization and transition to a new regionalism. The general trend of the new regionalism in the modern world, the manifestation of intraregional imbalances not only at the level of the integration association of countries, but at the intra-country level are considered. It is established that a significant motive in favor of regionalization is the strengthening of relations and strategic partnership between “friendly” countries, which changes the previously established models of international economic cooperation, and focuses on regional priorities of socio-economic development. The analysis of regional convergence has shown that such convergence has a historical trend towards a slowdown, which is generally manifested at the international and domestic levels, which is partly due to heterogeneous models of regional growth. In the future, countries and regions will need new mechanisms to adapt to crises and turbulence of the global economy.
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spelling doaj.art-8a7bf3d4c4ea48f2863e403343fc32bc2025-02-04T08:28:17ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152023-11-010951110.26425/1816-4277-2023-9-5-112881Multi-level convergence challenges of regional economic developmentV. V. Stroev0State University of ManagementThis study is devoted to the analysis of convergence in the economic development of regions, and these aspects are considered in the article in conjunction with the general trend of departure from economic globalization and transition to a new regionalism. The general trend of the new regionalism in the modern world, the manifestation of intraregional imbalances not only at the level of the integration association of countries, but at the intra-country level are considered. It is established that a significant motive in favor of regionalization is the strengthening of relations and strategic partnership between “friendly” countries, which changes the previously established models of international economic cooperation, and focuses on regional priorities of socio-economic development. The analysis of regional convergence has shown that such convergence has a historical trend towards a slowdown, which is generally manifested at the international and domestic levels, which is partly due to heterogeneous models of regional growth. In the future, countries and regions will need new mechanisms to adapt to crises and turbulence of the global economy.https://vestnik.guu.ru/jour/article/view/4718convergenceregional economic developmentglobalizationregionalisminternational traderegionalizationglobal crises
spellingShingle V. V. Stroev
Multi-level convergence challenges of regional economic development
Вестник университета
convergence
regional economic development
globalization
regionalism
international trade
regionalization
global crises
title Multi-level convergence challenges of regional economic development
title_full Multi-level convergence challenges of regional economic development
title_fullStr Multi-level convergence challenges of regional economic development
title_full_unstemmed Multi-level convergence challenges of regional economic development
title_short Multi-level convergence challenges of regional economic development
title_sort multi level convergence challenges of regional economic development
topic convergence
regional economic development
globalization
regionalism
international trade
regionalization
global crises
url https://vestnik.guu.ru/jour/article/view/4718
work_keys_str_mv AT vvstroev multilevelconvergencechallengesofregionaleconomicdevelopment