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The Carpathian Euroregion from the perspective of economic cooperation in peripheral regions

Smętkowski, Maciej and Rok, Jakub (2016): The Carpathian Euroregion from the perspective of economic cooperation in peripheral regions.

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Abstract

Euroregions provide an institutional framework that fosters cross-border cooperation. Their main objective is to manage and support economic, environmental, social, cultural and institutional cooperation in border areas. Economic cooperation should be considered as a crucial factor that may help strengthen the cohesion of the border regions, allowing them to overcome underdevelopment related to their peripheral location within the respective countries. The aim of the paper is to evaluate the significance of cross-border economic interactions in the Carpathian Euroregion. The analysis covers foreign trade relations as well as foreign direct investments in the border regions of Hungary, Poland, Romania, Slovakia and Ukraine. The first, empirical part of the paper, reviews these flows from the country-level perspective, providing an insight on the potential importance of economic cross-border cooperation. The second part presents a selection of empirical findings related to the intensity and direction of economic cooperation on the basis of the Polish case study. The last part assesses the impact of the Euroregion’s activities aimed to strengthen economic cooperation between the partners located in different countries. Finally, the recommendations regarding future activities in this field, including reconfiguration of cooperation networks, are formulated.

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