Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
980014 | Procedia Economics and Finance | 2015 | 9 Pages |
Abstract
The resilience of regions/locations as a possible response to the uncertainty and various rapid and volatile changes in the social and economic environment began to capture the attention of both researchers and policy makers. Based on the concept of regional resilience and selected indicators, the paper analyzes the development of the Romanian regions and their counties over a longer temporal interval, characterized by both growth and crisis and recession. The results indicate different development and adjustment patterns among the regions and among the counties within a region, but also some common trends of economic fragility, continuous restructuring and attempts at adapting to the ever changing socio-economic environment.
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