Dynamics of Regional Development in Regional and Municipal Economy

This article deals with the dynamics of territory development in the regional and municipal economy. The development of the territory is and has always been limited or restricted by the available sources of capital, the dynamics of its use, and the localization of its distribution in the chosen terr...

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Bibliographic Details
Main Authors: Vaclav Beran, Marek Teichmann, Frantisek Kuda, Renata Zdarilova
Format: Article
Language:English
Published: MDPI AG 2020-11-01
Series:Sustainability
Subjects:
Online Access:https://www.mdpi.com/2071-1050/12/21/9234
Description
Summary:This article deals with the dynamics of territory development in the regional and municipal economy. The development of the territory is and has always been limited or restricted by the available sources of capital, the dynamics of its use, and the localization of its distribution in the chosen territory. Today’s limits are, under Czech conditions, laid down by the Building Act; namely, the land-use plan, the strategic plans for development, and the political mechanisms of the elected leaders. The verbalization of the democratization of the economy is swayed by the concepts of meritocratic holding and the attempts to create values, but also by already existing values. We interpret the term values as infrastructure developed in the past, but also as resources given by the natural, geographic, and other environments.
ISSN:2071-1050