Article - Problems of Modern Economics

Eremina N. V.
Assistant Professor, Chair of European Studies, Department of International Relations, St.Petersburg State University PhD (History)

Regional economy of the United Kingdom, case of Wales, Scotland, and Northern Ireland: from the constitutional reform to crisis (Russia, St.Petersburg)

The article analyzed the major aspects of socio-economic development in Wales, Scotland, and Northern Ireland from the point of view of the regional politics implemented in the United Kingdom and the devolution model it includes. The author argues that the new model of interaction between the center and the regions has laid foundations for the stable regional and all-stage economic development and created potential of counteracting the financial crisis

Key words: devolution, decentralization, budget, regional politics, monetary politics, tax politics, investment politics, political culture

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