Forecasted outcomes of Latvian regional policy’s implementation in municipalities
2015
Bulderberga, Z., Latvia Univ. of Agriculture, Jelgava (Latvia). Faculty of Economics and Social Development
The main instrument of regional policy in order to reach balanced development is formation of polycentric territorial structure so strengthening the role of regional towns in the development of surrounding territories and concentrating the support of investment in 30 development centres. Regional policy states that the concentration of capital and resources will form the necessary critical mass for socio-economic development not only in urban areas, but also surrounding rural areas, therefore mutual urban-rural interaction is very important. In the result of three scenarios, the most balanced spatial development in 2020 is estimated to be in the case of status quo scenario, which foresees the investment in development centres maintaining the existing development tendencies. However, it can be estimated that the most predictable development scenario is the third-competition scenario and balanced spatial development will not be achieved.
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