scholarly journals Cohesive Growth in Europe: A Tale of Two Peripheries

2021 ◽  
Vol 56 (2) ◽  
pp. 120-126
Author(s):  
Michael Dauderstädt
Keyword(s):  
Economic Policy ◽  
Central And Eastern Europe ◽  
Foreign Capital ◽  
Domestic Demand ◽  
Southern Europe ◽  
Research Education ◽  
Eu Member States ◽  
Income Disparities ◽  
Catch Up ◽  
The Eu

AbstractOver the last two decades, income disparities between EU member states tended to decline, particularly before the financial crisis. While Central and Eastern Europe caught up with the EU average, Southern Europe fell behind after 2009. Catch-up growth in both peripheries relied on nominal convergence (real appreciation) and foreign capital. Further growth can and should be fostered by an economic policy that does not neglect domestic demand, stabilises capital markets and invests in research, education, health and intangibles.

scholarly journals THE SCOPE OF FUNCTIONS AND STRENGHT OF INSTITUTIONS IN ECONOMIC POLICY OF THE EU MEMBER STATES FROM CENTRAL AND EASTERN EUROPE. CONCEPTION OF ANALYSIS

Ekonomika ◽  
2011 ◽  
Vol 90 (1) ◽  
pp. 7-21
Author(s):  
Ireneusz Jaźwiński
Keyword(s):  
Economic Policy ◽  
Eastern Europe ◽  
Socioeconomic Development ◽  
Central And Eastern Europe ◽  
Economic Policies ◽  
Member States ◽  
Eu Member States ◽  
Economic Development And Growth ◽  
International Comparative ◽  
The Eu

The manner of conducting economic policy determines various phenomena and socio-economic processes, including economic development and growth, to a considerable degree. A significant role in economic and social sciences is attributed to international comparative studies. The aim of the study was introduction of the conception for analysis of the scope of functions and strength of institutions on an exampleof the national policies of the EU member states from Central and Eastern Europe.The paper introduces the selected dimensions of economic policy in the EU member states from Central and Eastern Europe. On the basis of the use of existing indices, the measures of these dimensions are proposed. Also, elements of the typology of economic policies of these countries considering the selected policy dimensions are presented.The analyses show that there are differences among national economic policies of particular states of Central and Eastern Europe. From the standpoint of economic policy and its dimensions, the situation is most favourable in countries with the most powerful institutions: the Czech Republic and Estonia. It is crucial to strive after improvement of the quality of institutions in individual states, which should result in a faster socioeconomic development and an increased efficiency of the public authorities.

scholarly journals NATIONAL RECOVERY AND RESILIENCE PLAN EUROPEAN FUNDS MULTIPLIER ROLE AND POSSIBILITIES OF MINISTRY OF NATIONAL DEFENCE INVOLVEMENT IN THE PROCESS

2021 ◽  
Vol 17 (1) ◽  
pp. 320-325
Author(s):  
Dumitru NICA ◽  
Carmen-Gabriela NIȚU ( CHITAFES)
Keyword(s):  
Economic Policy ◽  
Education Research ◽  
Financial Support ◽  
International Level ◽  
Eu Member States ◽  
Public Investments ◽  
Direct Support ◽  
Defence Sector ◽  
National Defence ◽  
The Eu

This paper aims at expressing the manner in which the Ministry of National Defence (MoND) can benefit from direct support, efficient and significant financial support for the implementation of sustainable reforms and public investments, as provided in the National Recovery and Resilience Plan (NRRP).The situation triggered by COVID-19 brings about new awareness in Romania and among all the EU member states, through the economic-financial crisis, jobs crisis, health, education, research, innovation and digitalization crisis, which has an impact on the drop of revenues both at European and international level. We must agree that such pandemics should find us prepared and that the investments should be planned well beforehand, similarly to the creation of an army. The defence of a state requires costs, and the financial support allocated to the defence sector is visible in the results of the foreign and economic policy of Romania. From this perspective, the MoND has prepared a series of proposals included in a number of reforms and investments documents. Such reforms and investments are absolutely necessary to Romania and represent essential contributions to the NRRP.

EU-China investment deal is running out of time

2021 ◽  
Keyword(s):  
Human Rights ◽  
Eastern Europe ◽  
Central And Eastern Europe ◽  
European Council ◽  
Southern Europe ◽  
Right Wing ◽  
Content Type ◽  
Labour Standards ◽  
Economic Ties ◽  
The Eu

Significance According to Beijing, Merkel and Macron showed their willingness to ratify quickly the EU-China Comprehensive Agreement on Investment (CAI). However, opposition to the CAI is growing in Europe, with parliamentarians particularly concerned about Chinese sanctions and China’s record on human rights and labour standards. Impacts The recent European Council rejection of Macron and Merkel’s proposal on Russia suggests the two leaders’ influence in the EU is waning. The likely emergence of a right-wing government in Italy in 2022 or 2023 would see Rome hardening its position on China. Deterioration in EU-China economic ties would disproportionately hurt economies in southern Europe and Central and Eastern Europe.

Welfare reforms and socio-economic trends in the 10 new EU member states of Central and Eastern Europe

2011 ◽  
Vol 44 (3) ◽  
pp. 211-219 ◽  
Author(s):  
Jolanta Aidukaite
Keyword(s):  
Welfare State ◽  
Eastern Europe ◽  
Central And Eastern Europe ◽  
Social Protection ◽  
Welfare Regime ◽  
Member States ◽  
Eu Member States ◽  
New Eu Member States ◽  
Better Than ◽  
The Eu

The paper reviews recent socio-economic changes in the 10 new EU member states of Central and Eastern Europe and the earlier and latest debates on the emergence of the post-communist welfare state regime. It asks two questions: are the new EU member states more similar to each other in their social problems encountered than to the rest of the EU world? Do they exhibit enough common socio-economic and institutional features to group them into the distinct/unified post-communist welfare regime that deviates from any well-known welfare state typology? The findings of this paper indicate that despite some slight variation within, the new EU countries exhibit lower indicators compared to the EU-15 as it comes to the minimum wage and social protection expenditure. The degree of material deprivation and the shadow economy is on average also higher if compared to the EU-15 or the EU-27. However, then it comes to at-risk-of-poverty rate after social transfers or Gini index, some Eastern European outliers especially the Check Republic, but also Slovenia, Slovakia and Hungary perform the same or even better than the old capitalist democracies. Latvia, Lithuania, Estonia, Romania, Bulgaria, Poland, however, show many similarities in their social indicators and performances and this group of countries never perform better than the EU-15 or the EU-27 averages. Nevertheless, the literature reviews on welfare state development in the CEE region reveal a number of important institutional features in support of identifying the distinct/unified post-communist welfare regime. Most resilient of it are: an insurance-based programs that played a major part in the social protection system; high take-up of social security; relatively low social security benefits; increasing signs of liberalization of social policy; and the experience of the Soviet/Communist type of welfare state, which implies still deeply embedded signs of solidarity and universalism.

scholarly journals Possibility and limitations of export as a factor of balance of payments of Serbia

2006 ◽  
Vol 58 (4) ◽  
pp. 492-512 ◽  
Author(s):  
Radovan Kovacevic
Keyword(s):  
Economic Policy ◽  
Foreign Capital ◽  
Export Promotion ◽  
Modern Technology ◽  
Import Demand ◽  
Balance Of Payments ◽  
Medium Size ◽  
Domestic Production ◽  
The Eu

The precondition for growth of Serbian export to the EU market is restructuring of domestic production in accordance with the import demand of this market. However, increasing of export is not possible without bigger inflow of foreign capital in form of new equipment and modern technology. In implementing measures of economic policy, bigger attention has to be paid to financing production for export, to crediting and insuring export, as well as to export promotion. Role of small and medium size enterprises has to be stronger in domestic production. Connecting between them and distributive chains of parts and intermediate goods within TNC can contribute to growth of sustainable export of Serbia to EU as well as to process of connecting with this integration.

scholarly journals Application of DEA for Evaluating the Efficiency of Economic Policy as Exemplified by EU Agriculture

2017 ◽  
Vol 35 (1) ◽  
pp. 163-176 ◽  
Author(s):  
Lucyna Błażejczyk-Majka
Keyword(s):  
Economic Policy ◽  
Agricultural Production ◽  
Production Efficiency ◽  
Statistical Data ◽  
Macro Level ◽  
Economic Instruments ◽  
Eu Member States ◽  
Starting Point ◽  
Applied Approach ◽  
The Eu

Abstract The article presents how DEA is used to develop agricultural production efficiency rankings in the EU member states, which can be used as the starting point for evaluating the performance of currently used instruments of economic policy. In the article, statistical data from the FADN were used. Agricultural production was compared for three types of output and four types of input involved. The performed study demonstrated that in 18 out of 28 states, agricultural production had been run efficiently on a macro level. The applied approach also allowed for identifying the causes of inefficiency in the remaining ten states, providing indications for recommended changes in in the way economic instruments are used.

scholarly journals Strefa euro a nowe kraje członkowskie Unii Europejskiej - dywergencja czy konwergencja gospodarcza?

2004 ◽  
pp. 25-42
Author(s):  
Aldona Zawojska
Keyword(s):  
Eu Enlargement ◽  
Economic And Monetary Union ◽  
Economic Policies ◽  
Convergence Criteria ◽  
East European ◽  
Eu Member States ◽  
Eu Membership ◽  
Catch Up ◽  
The Eu

Economic and Monetary Union is unique in that it combines centralised conduct of monetary policy by the European Central Bank (ECB) with national sovereignty over fiscal and other economic policies. Its main goals are providing greater macroeconomic stability and improving economic efficiency in the euro area. After implementation of the EU enlargement on l May 2004, the ten new EU member states now face the challenge of joining the Eurozone. Central and East European Countries (CEEC) differ significantly with regards to their economic performance. Of the eight countries in Central and Eastern Europe joined the EU, only Estonia and Lithuania currently meet all the Maastricht convergence criteria. EU membership gives the opportunity to catch up, but the actual economic outcomes depend on the quality of domestic policies.

Serendipity or a Missed Chance? On the Interaction Between Vaccine Distribution and the EU Recovery Funds

2021 ◽  
Vol 0 (0) ◽  
Author(s):  
Corrado Macchiarelli ◽  
Renato Giacon
Keyword(s):  
Eastern Europe ◽  
Central And Eastern Europe ◽  
Eu Member States ◽  
European Project ◽  
The Stability ◽  
Effective Use ◽  
Vaccine Distribution ◽  
Implementation Stage ◽  
Important Test ◽  
The Eu

Abstract In this article, we discuss the interaction between the Covid-19 vaccine rollout in EU member states and the effective use of grants and soft loans from the EU pandemic recovery fund. With some of the national spending plans for the Recovery Fund still awaiting initial submission (Bulgaria), others pending the Commission’s endorsement (Poland, Hungary) or formal Council’s approval (Romania, Estonia), and various other national plans in their implementation stage, the next challenge for policymakers will be to ensure that the initial and subsequent tranches of EU funds are released as economies reopen. We claim that special attention ought to be paid to Central and Eastern Europe, where some countries are lagging in their vaccine rollout and/or the preparation for their use of the EU recovery funds. This is likely to be an important test for EU institutions in determining the stability and coherence of the European project as a whole.

Cultivating Consensus and Creating Conflict

2006 ◽  
Vol 39 (8) ◽  
pp. 1019-1042 ◽  
Author(s):  
Rachel A. Epstein
Keyword(s):  
European Union ◽  
Economic Policy ◽  
Central Bank ◽  
Economic Reform ◽  
Economic Integration ◽  
International Institutions ◽  
Central And Eastern Europe ◽  
Political Support ◽  
Bretton Woods ◽  
The Eu

In Central and Eastern Europe, economic reform consistent with Bretton Woods and European Union (EU) demands has replicated not only the rules and institutions that prevail in Western societies but also their patterns of consensus and conflict. Although central bank policy has been largely depoliticized in the 2004 accession states through the institutionalization of central bank independence, agricultural interests were mobilized—in some instances against the EU—in the course of accession negotiations. This article argues that as they engage in the explicit transfer of economic policy to post-communist states, international institutions simultaneously transmit beliefs about who has legitimate claims on the state. The methods through which international institutions help construct new markets in transition states have consequences for the development of domestic cleavages and for the cultivation of political support for economic integration.

Inside the trade union family: The ‘two worlds’ within the European Trade Union Confederation

2018 ◽  
Vol 24 (2) ◽  
pp. 179-192 ◽  
Author(s):  
Sławomir Adamczyk
Keyword(s):  
Eastern Europe ◽  
Trade Union ◽  
Central And Eastern Europe ◽  
National Standards ◽  
The West ◽  
Eu Member States ◽  
European Trade ◽  
Level I ◽  
The Eu ◽  
Social Europe

The enlargement of the EU in 2004 and 2007 to the post-communist states of Central and Eastern Europe brought an encounter between two distinct ‘trade union worlds’ in terms of attitudes towards European integration. Unions from the old EU Member States want to defend their existing national standards, while those from Central and Eastern Europe have nothing to defend and look for solutions at EU level. I ask whether it is possible for the European Trade Union Confederation to realize a trade union vision of ‘Social Europe’ based solely on the perspectives of the West.

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