Stages of the Convergence in the Developed European Economies

Stages of the Convergence in the Developed European Economies

Over the last two decades, research into regional convergence has raised particular interest which is a consequence of the discussion on the role of regions in economic policy. newly emerged institutions, and the transformations Europe has experienced. The questions of economic growth and its outcome in the form of regional convergence are extensively discussed among economists all over the world as they allow the phenomena of regional disparities and the sources of their growth to be better understood. The issues discussed in this study are highly up to date and very promising in terms of research. The study is a very compact presentation, where each chapter introduces new crucial content produced either as a result of an extensive overview of literature, or as that of empirical studies conducted by the authors.