Unlocking Endogenous Resources: Key to Sustainable Regional Development Success
Economic activity is concentrated in cities and developed regions, attracting labor and capital for better economic conditions. Regional development is complex and needs a tailored approach. Each region has unique characteristics and needs to use its own resources to be competitive. Successful development depends on utilizing internal strengths and adapting to specific conditions. Modern development focuses on integrating economic, social, and ecological goals for sustainable progress. Regional policy aims to reduce underdevelopment in poorer regions.