"Political Economy of the Regions"

"Political economy of the regions" studies how political and economic factors influence regional development and differences. It examines how government policies, institutions, and power dynamics interact with local economic activities, resources, and needs to shape regional growth, inequality, and prosperity. This field helps us understand why some areas thrive while others lag, considering both political decisions and economic environments. It provides insights into balancing national interests with regional priorities to promote fair and sustainable development across different parts of a country or world.