In the conditions of market economy all business entities, which can be viewed as socio-economic systems (SES), must be competitive. This also applies to the regions in the country. From the regions competitiveness depends effective solving of a whole range of social problems: jobs, social welfare, crime, migration and etc., in turn country region's competitiveness depends on how it is adjusted its economic, social and ecological development. It's important because it could be that some of the development components are developing at other component's expenses. For example, economic development could be at social and ecological expenses. This would prevent the creation of the necessary living conditions not only today, but also for future generations.
No takes yet. Share an insight, caveat, or question.
Romualdas Ginevičius (2019) studied this question.
Synapse has enriched 2 closely related papers on similar clinical questions. Consider them for comparative context: