Source:
R. J. Stimson, Stough, R. R., Roberts, B. H.: "Regional Economic
Development: Analysis and Planning Strategy", Springer-Verlag,
Berlin, 2002
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Regional economic
development is a commence of economic processes and use of regionally
acceptable resources which results with sustainable development
and desired economic results for the region, in accordance with
values and expectations of enterprenuers, citizens and visitors.
This approach aims to balance both qualitative and quantitative
goals od economic development.
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