TY - GEN

T1 - Economic development of ultra-small peripheral regions of west Europe (case of Aland and Faeroe islands)

AU - Kuznetsova, N.

AU - Efimova, E

PY - 2014

Y1 - 2014

N2 - «Ultra small region», being the independent subject of the West European countries, is their territorial, political and economic part, possessing constitutional independence. The initial factors of such regions special status are national-cultural ethos type and geopolitical position. In the process of these territories development new resources, tax, transport-communication, logistics advantages appear. The primary goal of the article is the identification of ultra-small territories, revealing features of economic development and the modern business status in economic history context of small economies classification. The object of investigation is focused on West European and Nordic countries small economies as well as ultra-small autonomous territories of Alands and Faeroes island’s affiliated to Finland and Denmark respectively. The hypothesis of the article is that ultra-small autonomous territories under consideration are developing as the «competitive sub-peripheries» areas due to the special industr

AB - «Ultra small region», being the independent subject of the West European countries, is their territorial, political and economic part, possessing constitutional independence. The initial factors of such regions special status are national-cultural ethos type and geopolitical position. In the process of these territories development new resources, tax, transport-communication, logistics advantages appear. The primary goal of the article is the identification of ultra-small territories, revealing features of economic development and the modern business status in economic history context of small economies classification. The object of investigation is focused on West European and Nordic countries small economies as well as ultra-small autonomous territories of Alands and Faeroes island’s affiliated to Finland and Denmark respectively. The hypothesis of the article is that ultra-small autonomous territories under consideration are developing as the «competitive sub-peripheries» areas due to the special industr

KW - Key words: economic growth

KW - large-scaled and small-scaled economies

KW - ultra-small regions

KW - spatial development

KW - competitive (sub)periphery Alands and Faeroes autonomous territories

KW - industrial organization

KW - economic policy.

M3 - Conference contribution

BT - Proceedings 54 Congress Regional development and Globalization: best practices. 26-29 August 2014. St.Petersburg

ER -