The Nexus of a Regional Competitiveness and Economic Resilience: the Evidence-based on V4+4 NUTS 2 Regions and COVID-19 Era

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F24%3A10250959" target="_blank" >RIV/61989100:27510/24:10250959 - isvavai.cz</a>

Výsledek na webu

<a href="https://doi.org/10.15240/tul/001/2024-1-001" target="_blank" >https://doi.org/10.15240/tul/001/2024-1-001</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.15240/tul/001/2024-1-001" target="_blank" >10.15240/tul/001/2024-1-001</a>

Jazyk výsledku

angličtina

Název v původním jazyce

The Nexus of a Regional Competitiveness and Economic Resilience: the Evidence-based on V4+4 NUTS 2 Regions and COVID-19 Era

Popis výsledku v původním jazyce

Economies have always been prone to economic downturns, industry shocks, currency crises, and the current COVID-19 epidemic crises, destabilising the path and pattern of regional economic growth. Regional economies perturbed by a shock may move onto a new growth path by re-establishing economic linkages internally and with other regions. The question of why one region is more vulnerable to economic shock than others and its competitive advantages and disadvantages impelled us to analyse the competitiveness and resilience notion in a regional development context of V4+4 countries. This article highlights some of the underlying aspects of regional competitiveness and resilience and gives an overview of the notion, main empirical results, and planning tasks concerning regional competitiveness and resilience. The concept of resilience is gaining prominence because of the COVID-19 crisis, and its importance is growing in both research and economic policymaking. In the current crisis, ideas - resilience, grit, and the ability to bounce back - are understandably seductive in the face of adversity, &quot;2020 made us stronger&quot;. However, the COVID-19 crisis has reduced the resilience of key systems to shocks and allowed failures to cascade from one system to others. Therefore, a systems approach based on resilience must be proposed to prepare socio-economic systems for future shocks. The paper focuses on resilience-oriented strategies with an emphasis on the current European Union approach. Considering the COVID-19 crisis and the political agenda that is transition-driven, the European Union needs to increase its resilience and move forward or recover but emerge stronger by stepping up these transformations. If policies are to be effective in the long run, an approach that responds to the systemic causes and impacts of big shocks is required.

Název v anglickém jazyce

The Nexus of a Regional Competitiveness and Economic Resilience: the Evidence-based on V4+4 NUTS 2 Regions and COVID-19 Era

Popis výsledku anglicky

Economies have always been prone to economic downturns, industry shocks, currency crises, and the current COVID-19 epidemic crises, destabilising the path and pattern of regional economic growth. Regional economies perturbed by a shock may move onto a new growth path by re-establishing economic linkages internally and with other regions. The question of why one region is more vulnerable to economic shock than others and its competitive advantages and disadvantages impelled us to analyse the competitiveness and resilience notion in a regional development context of V4+4 countries. This article highlights some of the underlying aspects of regional competitiveness and resilience and gives an overview of the notion, main empirical results, and planning tasks concerning regional competitiveness and resilience. The concept of resilience is gaining prominence because of the COVID-19 crisis, and its importance is growing in both research and economic policymaking. In the current crisis, ideas - resilience, grit, and the ability to bounce back - are understandably seductive in the face of adversity, &quot;2020 made us stronger&quot;. However, the COVID-19 crisis has reduced the resilience of key systems to shocks and allowed failures to cascade from one system to others. Therefore, a systems approach based on resilience must be proposed to prepare socio-economic systems for future shocks. The paper focuses on resilience-oriented strategies with an emphasis on the current European Union approach. Considering the COVID-19 crisis and the political agenda that is transition-driven, the European Union needs to increase its resilience and move forward or recover but emerge stronger by stepping up these transformations. If policies are to be effective in the long run, an approach that responds to the systemic causes and impacts of big shocks is required.

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

—

OECD FORD obor

50202 - Applied Economics, Econometrics

Projekt

—

Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2024

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

E+M Ekonomie a Management

ISSN

1212-3609

e-ISSN

2336-5064

Svazek periodika

2024

Číslo periodika v rámci svazku

1

Stát vydavatele periodika

CZ - Česká republika

Počet stran výsledku

17

Strana od-do

6-23

Kód UT WoS článku

001207109300005

EID výsledku v databázi Scopus

2-s2.0-85187109443