Development of peripheral regions in the context of the bioeconomy paradigm

Abstract

The existence of peripheral regions is a significant challenge for regional development management. These regions have a specific economic and social profile, and their complex development is accompanied by the consideration of a number of factors that have a strong local significance and, in most cases, a dampening effect. The aim of the present study is to follow the trends in the development of a typical peripheral region in Bulgaria, focusing on identifying the potential of the regional economy for transformation to bioeconomic and circular orientation. The object of the study is the region Strandzha-Sakar, and the subject of the study is the potential for bio-economic and circular orientation based on specific traditional assessments, measuring both economic and demographic trends and local economic traditions.