Regional development

The vision of regional development in accordance with the USSR-2 is represented by dynamic and creative regions with their own identity and efficiently managed and capable of perceiving and exploiting global development opportunities. The development of regions is based on economic efficiency, social justice and environmental responsibility.

The general objectives of promoting coherent regional development are the increase of economic, environmental and social capital (human, social and cultural capital) in developing regions, in terms of economic competitiveness, quality of life and sustainable use of natural resources, elimination of structural problems of problem areas and reduction of their development backlog, and realizing and strengthening the development potential of regions through international territorial cooperation.

The principles of regional policy are taken into account when pursuing regional development goals.

Regional policy is defined as a structural policy implemented as a coordination of development initiatives and includes:

endogenous regional policy, as a set of development activities aimed at the pursuit of territorial development goals, which are implemented as the integration of development initiatives according to the “bottom-up” principle. It is realized by implementing measures aimed at pursuing regional development goals, networking, connecting local initiatives, building trust between development partners, etc.
horizontal regional policy as a territorial (“place based”) coordination of sectoral development policies that have a significant impact on regional development. Through the territorial coordination of sectoral policies at the level of development regions, the aim is to achieve their synergies and thus greater efficiency as well as complementarity with development decisions at lower territorial levels.