Title:	The nexus of a regional competitiveness and economic resilience: The evidence-based on V4+4 NUTS 2 regions
Authors:	Svoboda, Ondrej Melecky, Lukas Stanickova, Michaela
Citation:	E+M. Ekonomie a Management = Economics and Management. 2024, roč. 27, č. 1, s. 6–23.
Issue Date:	2024
Publisher:	Technická univerzita v Liberci
Document type:	článek article
URI:	http://hdl.handle.net/11025/55521
ISSN:	1212-3609 (print) 2336-5064 (online)
Keywords:	ekonomické šoky;regionální rozvoj;analýza zemí V4+4;ekonomická odolnost;index regionální konkurenceschopnosti
Keywords in different language:	economic shocks;regional development;V4+4 countries analysis;economic resilience;regional competitiveness index
Abstract in different language:	Economies have always been prone to economic downturns, industry shocks, currency crises, and the current COVID-19 epidemic crises, destabilising a region’s economic growth trajectory and pattern. By re-establishing economic ties both inside and outside regions, regional economies that have been disturbed by a shock may transition to a new growth trajectory. We examined the idea of competitiveness and resilience in a regional development context to answer why one region is more susceptible to economic shock than others and the competitive advantages and disadvantages of V4+4 countries. This article highlights some of the core characteristics of regional competitiveness and resilience and gives a survey of the notion, main empirical results, and planning tasks concerning regional competitiveness and resilience. The idea of resilience is gaining greatness because of the COVID-19 crisis, and its importance is growing in research and economic policymaking. Ideas like “2020 made us stronger” and “resilience, tenacity, and the ability to bounce back” are obviously alluring during the current crisis. The COVID-19 problem, however, has decreased the main systems’ shock resistance and caused failures to spread from one system to another. Thus, it is necessary to suggest a systems approach focused on resilience to have socio-economic systems ready for potential shocks. The paper’s main topic is resilience-focused tactics, with a focus on the current European Union strategy. The European Union must strengthen its resilience considering the COVID-19 issue and the political agenda that is transition-driven in order to move forward or recover but emerge stronger. If policies are to be effective in the long run, an attitude responding to the systemic causes and impacts of big shocks is required
Rights:	CC BY-NC 4.1
Appears in Collections:	Číslo 1 (2024) Číslo 1 (2024)

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