THE ROLE OF THE CONCEPT OF GROWTH POLES FOR REGIONAL DEVELOPMENT

This study analyses determinants of the concept of "points of growth" at regional level. The definition of the concept of growth points is considered in terms of economic development of the region, which integrates into the global world. As a basic model of local development is proposed to...

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Bibliographic Details
Main Authors: KOMAROVSKIY Viktor, BONDARUK Viktor
Format: Article
Language:English
Published: Technopress 2013-12-01
Series:Journal of Public Administration, Finance and Law
Subjects:
FDI
Online Access:http://www.jopafl.com/uploads/issue4/THE_ROLE_OF_THE_CONCEPT_OF_GROWTH_POLES_FOR_REGIONAL_DEVELOPMENT.pdf
Description
Summary:This study analyses determinants of the concept of "points of growth" at regional level. The definition of the concept of growth points is considered in terms of economic development of the region, which integrates into the global world. As a basic model of local development is proposed to use the theory for Growth Poles of François Perroux, that later was supplemented by Albert Hirschman. To estimate the possible practical applications of the theory for Growth Poles in the development of local economic development programs and regional planning in the article it is considered the adaptive model of "growth points" with feedback. Using the proposed model allows us to develop an algorithm for the local public administration to identify the most prospective areas for attracting FDI.
ISSN:2285-2204
2285-3499