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- Title
DIRECTIONS OF DEVELOPMENT OF SOUTHERN LATGALE ON THE BASIS OF THE COMPARISON BETWEEN LATVIA AND IRELAND (PART II).
- Authors
Č, Sanda; Jermolajeva, Elita
- Abstract
Over twenty years of independence, the economic and social differences have been increasing in all the regions of Latvia, with the exception of Riga and Pieriga regions, lagging further behind the EU average. Latgale region has the lowest indicators of GDP, personal income tax revenue, non-financial investment, etc. in Latvia. Southern Latgale (former territories of Daugavpils, Kraslava and Preili districts) is a part of Latgale region and a special sub-region - it is far from the most developed statistical regions of Latvia with some socio-economic differences, but at the same time Southern Latgale has a favourable geographical location and potential for the development. The authors use various methods of comparison, including the comparison of Ireland and Latvia and their analysis is based on the alternatives of the territorial development potential increase options, elaborated by S.Cingule-Vinogradova: general socio-economic situational analysis - commonalities, differences and opportunities for the municipalities of Southern Latgale to develop some particular alternative, taking into account good practice examples of Ireland. The authors make the conclusion that the main preconditions for sustainable development of Southern Latgale's economics are the following: optimization of governmental institutions; implementation of business favourable fiscal policy; accessibility and quality of education; promotion of cooperation; quality of infrastructure; export development; corporate social responsibility; employment and labour quality; community motivation, etc. It is possible to achieve cohesion of socio-economic indicators of Southern Latgale and other territories of the country by ensuring and promoting the conditions for its development.
- Subjects
LATGALE (Latvia); IRELAND; LATVIA; LATVIAN economy; SOCIOECONOMIC factors
- Publication
Regional Review / Reģionālais Ziņojums, 2012, Issue 8, p5
- ISSN
1691-6115
- Publication type
Article