THE ILLUSION OF CATCHING UP THE SOCIO-ECONOMIC REGIONAL GAPS

• Main Author: Eugen GHIORGHITA
• Format: Article
• Language: English
• Published: Editura Univeristatii "Stefan cel Mare" din Suceava 2015-06-01
• Series: USV Annals of Economics and Public Administration
• Subjects: economic development and growth; backwardness; development gap; catch-up effect; specific regional policies; macroeconomic indicators.
• Online Access: http://annals.seap.usv.ro/index.php/annals/article/view/799/693
• ISSN: 2285-3332; 2344-3847

There is a sort of scientific bias in the way economics literature approaches the issues of general or regional economic growth and socio-economic backwardness. The term 'catching up of socio-economic gaps' appears to be rather a contradictio in adjecto, a sort of oxymoron, than a possible evolution of the world’s countries. The very idea of ‘catching-up’ or ‘recovery’ as a consequence of ‘lagging behind’ seems to be more specific to sports competitions or post-surgery periods. Transfering the idea of ‘backwardness’ to human communities (be it tribes, villages or political-administrative entities of higher dimensions) is at least questionable. The contradiction is generated by the very establishment of the benchmarks for identifying ‘backwardness’. During the last 50 years, and after 1990 especially, the appeal to such indicators as GDP/capita, HDI, Gini coefficient, convergence criteria etc. became a common place. Nowadays it appears to anyone a matter-of-course, that any geopolitical entity can be "weighed" or "measured" by reference to a set of uniform criteria. Unfortunately, the global and regional efforts made after WW II towards an accelerated socio-economic growth of both developing and less developed countries succeded only for few countries to reduce the historically shaped gaps as against developed countries. On the contrary, for the bulk of the ‘lagged behind’ regions gaps seem to have risen. This is why many questions arose about the inefficiency of the steps made towards 'catching up of socio- economic gaps', such as: “Why after about 70 years of international welfare levelling efforts, gaps between development and living standards of the world regions are still so large?” “Why do economies have to grow at any price?” “Is the forced (artificial), accelerated development beneficial? And it if so, to whom?” “Are specific historical socio-economic structures negligible under the pressure of globalization?” This study tries to identify the fundamental bias of the regional accelerated development efforts.