EN
This article has been written in an attempt to diagnose a rather peculiar crisis that had manifested itself during the recent global financial crisis. It deals with the crisis of leadership or, in other words, the implications of leadership at the time of crisis, including regional leadership. It is being done in the context of major theoretical concepts of regional development. The authors identify key dimensions of the problem as well as directions for further studies oriented towards the elimination of outcomes and underlying causes of the growing economic crisis.