The Four Capitals Model in the Evaluation of the Regional development Strategy – the Example of the Lubuskie Voivodeship

Abstract
The article shows how the Four Capitals Model was applied to evaluate the region development strategy document and its implementation in terms of sustainable development. Firstly, it defines these types of capitals that could be used to analyse the sustainability of regional development. Then the authors describe the results of the exercise carried out together with representatives of the regional authorities, intended to assess the impact of the strategy implementation in the context of the four capitals. The results were confronted with the opinions of local governments and SME owners. This helped to identify the weaknesses of the strategy and potential trade-offs between different types of capital. Finally, the recommendations related to the updating of the strategy were formulated.