This paper investigates the main characteristics of regional clusters in EU 27 and Croatia. The special interest is focused on the economic performance of regional clusters in the Croatian economy. The main research question is: what characterises regional clusters in EU 27 and Croatia, and what...

Regional disparity is one of the important characteristics of Turkish economy. The paper focuses on the explanatory power of market potential on the regional differences in Turkey. Regional divergences in wages and employment are used as the proxies for regional differences. Empirical results...

Every European Union enlargement has deepened economical divergence between member states and their regions. However, the economic aspect of this issue is only a part of a broad scope of reasons of its internal diversity, including also social, cultural or cognitive dimensions. The history of so...

The paper adresses an approach on indicators from the public database FADN (Farm Accountancy Data Network), at farm level selected from Romania. The study focused on analyzing the data series in 2012 (the latest year reported in the FADN) and the second part of the study was supported by the...

When welfare is analysed in Sweden the analysis is usually made at the national level; when the analysis is not done on the national level, the local level is in focus to illuminate differences between municipalities. Studies on poverty are no exception. The regional level contains a lot of...

The interaction of inequality and growth and the direction of causality in this relationship have been an extensively discussed topic with several questions but without clear answers both in the theoretical and empirical literature. The current paper contributes mainly into the new economic...

One of the key issues in economics is the explanation of unemployment. Doing so "modern mainstream macroeconomics" frequently refers to institutional structures in the individual countries (e.g. Layard, Nickell & Jackman 1991, 2006; Carlin & Soskice 2006). However, unemployment within states varies...

The influence of general economic and fiscal policy is in recent years more significant than ever. Tight budgets sets limits on public spending in general and on regional development in particular, both with regard to programs specifically targeted on regional issue, but often also indirect due...

The expansive nature of the dominant socio-economic model lead to the current globalized economy based on open borders, the laws of the open market and the integration of local economic systems. This has as central component the establishment of supranational institutional forms (such as...