Abstract

Abstract In 2010, the European Commission launched Europe 2020 Strategy in response to the economic crisis and boost the EU’s economy. Later the same year, the EC proposes the European Union Strategy for Danube Region. The Danube Region being so diverse, it is important to understand it not only from the legal or administrative boundaries, but also to grasp the historical and cultural diversity. Consequently, in order not to neglect these primordial factors, this article addresses the Danube Region as a political and economic imaginary through the lenses of Cultural Political Economy, that focuses on the complexity of the reality. Following this line of argument, the aim is to understand the economic reshape of the Danube Region and the consequences of the European Union Strategy for Danube Region.

Highlights

  • Being part of a complex and changing environment, determines any region to have adaptive capabilities and rely on dynamin investment in order to survive

  • To having different development trajectories, it is adding up to these differences their dissimilarities in culture and economy, which affects the innovation system. This aspect is important, because as Rončević and Makarovič (2011a) show, the socio-cultural field represents an essential element of the environment, because it limits the options of strategic actors Following this line of argument, the re-industrialization of the Danube Region is important, because it has an impact on the economic development of the countries of the Danube (Besednjak Valić 2019, 44)

  • In order not to neglect these primordial factors, this article addresses the Danube Region as an economic and political imaginary through the lenses of Cultural Political Economy, that focuses on the complexity of the reality

Read more

Summary

Introduction

Being part of a complex and changing environment, determines any region to have adaptive capabilities and rely on dynamin investment in order to survive. 3. Danube Region Strategy Jessop mentions that in the case of successful economic imaginaries there are present constitutive forces in the social, political, institutional and material world, as for example the “knowledge society” (cited in Makarovič, Šušterič and Rončević 2013, 618). Danube Region Strategy Jessop mentions that in the case of successful economic imaginaries there are present constitutive forces in the social, political, institutional and material world, as for example the “knowledge society” (cited in Makarovič, Šušterič and Rončević 2013, 618) It has become such a powerful political and economic imaginary that it exerts influence in shaping policy paradigms, strategies, and policies in and across many different fields of social practice. Industry 4.0 or Digital Transformation, as part of reshaping the economic imaginary with the help of various discoursed that embrace the new complex realities concentrated on social, economic and political relations and identities. In order to achieve this level of development and considering the challenges in the Danube Region, EUSDR proposed a number of Guidelines for the Digital Transformation

EUSDR Action Plan
Findings
Conclusions
Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call