Abstract
Currently, at the end of the programming period 2014–2020 and in the view of the new programming exercise, 2021–2027, knowing where South-Muntenia is positioned on the path to sustainable regional development and how the main determinants can be integrated in regional development policies in order to continuously support the development of the Romanian regions becomes even more important. In this context, the paper aims to evaluate the progress made by the South-Muntenia region towards sustainable regional development for the period 2010–2017 highlighting the main implications for regional development strategies and revealing local initiatives promoting broader sustainable regional development. Thus, more in depth, the paper aims to identify the main determinants of sustainable regional development at the level of South-Muntenia counties using multiple principal component analysis (MPCA), to build an advancement sustainable development index based on panel data for the period 2010–2017 and to reveal the main sustainable development poles at the county level for the year 2017 using hierarchical clustering technique. The empirical results revealed the importance of business environment, public services infrastructure, education, and social protection as main determinants of South-Muntenia sustainable regional development. The advancement composite index pointed out that South-Muntenia recorded a slow but continuous advancement in terms of sustainable regional development, almost doubling its performance in these seven years. At the county level, if Prahova, Argeș, and Dâmbovița exhibited a so-called stagnation, Ialomița and Teleorman were still behind, registering an advancement over the period but remained only halfway on the path to sustainable development, while Calarasi and Giurgiu tried to recover the huge gap, registering very low rates of sustainable development index. On the path to regional economic development, the relevance of two main sustainable regional development drivers can be highlighted—a better allocation for active measures with the reduction of unemployment as a target together with a better infrastructure of public services. National, regional, and local administrations play an important role in promoting sustainability in the economic, social, and environmental activities, in a coherent manner. Regardless of the level at which development policies are designed, local, county, or regional, they must take into account and monitor the sustainable development determinants if the ultimate goal is the overall regional development of South-Muntenia.
Highlights
Economic and social issues represent a priority in public debate over the world, the concept of sustainability being a political and scientific tool that can integrate other aspects of the country.Over time, European regional policy has played an important role in rebuilding regional economies, leading to the strengthening of EU economies
We will identify the main determinants of sustainable regional development at the level of South-Muntenia region counties using multiple principal component analysis (MPCA) and build an advancement sustainable development index based on panel data for the period 2010–2017
The central objective of this paper is to evaluate the progress made by the South-Muntenia region towards regional sustainable development for the period of 2010–2017, highlighting the main implications for regional development strategies and revealing local initiatives, promoting broader sustainable regional development
Summary
Economic and social issues represent a priority in public debate over the world, the concept of sustainability being a political and scientific tool that can integrate other aspects of the country. We will identify the main determinants of sustainable regional development at the level of South-Muntenia region counties using multiple principal component analysis (MPCA) and build an advancement sustainable development index based on panel data for the period 2010–2017. Territorial distribution of the water is another important potential indicator concerning sustainable regional development; the water footprint of national consumption in the 28 EU Member States register a very low degree of concentration, it tends towards uniformity [33] and the water footprint of agricultural products depends on the specificity of the country, and grouping of countries and types of consumption of agricultural products are unequal distributed [34]
Sign-in/Register to view highlights & summary 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 callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
