Transformations  in
Business & Economics

Economic Development in the Baltic and other Central and Eastern European Countries: Regional Specialisation, Liberalisation, and the Idea of “Oases”
Borisas Melnikas

ABSTRACT. The problems and priorities of increasing the efficiency and competitiveness of national economies are described and analized. Some points of view are basic for formulation of the most important principles of the efficiency and competitiveness of national or regional economy under conditions of globalisation. The new idea of “oases” as the basic for regional and sectoral economic development is described. Importance of regional economic specialization is showed. The most important priorities: formulation of principles of increasing the efficiency and competitiveness of national economies; formulation of priorities economic development strategies, especially for transition countries; development of the idea of “oases” as a system of special conditions for social economic growth; concrete solutions for the innovation activities in Lithuania, Baltic and Central and East European countries.

KEYWORDS: national economy, globalization, market internationalisation, regional specialization intensifying social and economic development, liberalisation.