REGIONAL DISPARITIES IN ECONOMIC DEVELOPMENT: LESSONS LEARNED FROM THE UNITED STATES OF AMERICA
Schultz D.
Abstract
Economic development is not geo-politically uniform. There is a geographic component that leaves some regions within the world or some parts of a country, including the Russian Federation, more economically developed that others. This article examines uneven economic development in the USA as a case study. Specifi cally, this article defi nes what is meant by uneven development, as well as documents the pattern of uneven development in the United States. The article also looks at the causes and consequences of uneven development and discusses some possible remedies. Overall the conclusion is that the USA experiences a signifi cant geographic component to its economic development and it is not clear that the policies it has undertaken, if at all, have been successful to abating, slowing down, or reversing uneven development.