Introduction to Transformative Economies

Batabyal, Amitrajeet and Khachatryan, Karlen and Kourtit, Karima and Nijkamp, Peter (2025): Introduction to Transformative Economies.

Abstract

This introductory chapter outlines the analytical foundations of transformative economies, emphasizing how economic change emerges from the interaction of human capital, cultural values, institutional quality, spatial dynamics, and policy innovation. It situates the book’s five-part structure within a broader framework that views transformation as a multidimensional and context-dependent process. By highlighting both successful pathways and cautionary failures, this chapter establishes a conceptual roadmap for understanding how societies pursue resilience, sustainability, and inclusive development in an era of profound global and regional challenges.

• Item Type: MPRA Paper
• Language: English
• Keywords: Culture, Fragility, Institutions, Resilience, Values
• Subjects: E - Macroeconomics and Monetary Economics > E2 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy > E20 - General; O - Economic Development, Innovation, Technological Change, and Growth > O3 - Innovation ; Research and Development ; Technological Change ; Intellectual Property Rights > O30 - General; P - Economic Systems > P0 - General > P00 - General

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