Regional economic instability and the dynamics of economic growth

This article has a theoretical character. It provides an overview of the most important publications and research outcomes regarding the relation between regional economic (in)stability and the dynamics of economic growth. As this field of research is relatively new, no systemized research methodology has been established yet. Hypotheses are tested with help of different tools. Often, the accessibility of statistical data on the proper level of aggregation limits empirical verification of theoretical assumptions. This paper aims to contribute to the formulation of further research concepts and empirical verification of hypotheses regarding regional (in)stability in Central and Eastern European countries