Abstract
Competitiveness is becoming more and more a regional issue-oriented to meet the needs of the economy and citizens, so economic development is essential for the survival of all cities. Economic growth, made because of an economic development plan, brings new capital to city governments by expanding the tax base to further develop as well as improve the quality of life in general. This paper aims to examine the advantages that the city of Prishtina may have in correlation with the capitals of other Southeast European countries to identify the possibilities of what different strategies and concepts have been developed and used to make a valuable crossroads and short-term and long-term effects from a cultural, economic, social and political point of view.
Highlights
Competitiveness is becoming more and more a regional issue oriented to meet the needs of the economy and citizens, so economic development is essential for the survival of all cities
Sustainable economic development is done through the Development Strategy which comes in response to rapid change, keeping under control the conditions in which stakeholders will have a constructive approach to assessing the situation, taking specific actions to enable the city so that the changes are not dramatic
All Regional Development Strategies are oriented towards long-term trends that directly maintain the competitiveness of the city identified as: (1) urbanization and demography, (2) increasing inequality, (3) sustainability, (4)) technological change, (5) industrial clusters and global value chains; and (6) governance
Summary
Competitiveness is becoming more and more a regional issue oriented to meet the needs of the economy and citizens, so economic development is essential for the survival of all cities. This study aims to evaluate the advantages that the city of Prishtina may have in correlation with the capitals of other Southeast European countries to identify the possibilities of what different strategies and concepts have been developed and used to make a valuable crossroads and short-term and long-term effects from a cultural, economic, social and political point of view. Another objective emphasized by the capital are conceived within the ambition to be a 'catalyst' for change in other areas, such as: tourism development; increase of domestic investments; supporting the growth of new industries; physical, regeneration; social engagement and increased pride in cities. A third trend has been growing recognition of the economic potential of and opportunities for cities (Parkinson al., 2004)
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