scholarly journals Development of Incomes and Expenditures in Slovak Households

2017 ◽  
Vol 14 (2) ◽  
pp. 37-44
Author(s):  
Zuzana Lazíková
Keyword(s):  
Economic Crisis ◽  
Household Income ◽  
Slovak Republic ◽  
The Other ◽  
Living Standard ◽  
Common Currency ◽  
Savings Rate ◽  
The Common ◽  
Household Incomes ◽  
The Eu

Abstract The household income is one of the basic indicators of the human living standard in the countries or their regions. The indicator of income is very closely connected to the indicator of expenditures, which completes the view of the living standard of households. During the last two decades, there were some important events that have influenced the development of household incomes and expenditures in Slovakia, such as accession of the Slovak Republic into the EU, adoption of the common currency euro or economic crisis as well. In the last years, the net incomes as well as the net expenditures of the Slovak households have increased. According to the results, this trend will continue; however, the net expenditures will increase faster than the net incomes of households. Therefore, we can expect that the savings rate will decrease. On the other hand, the differences of net household income and expenditures among the regions of Slovakia were not eliminated. There is still a high difference of the net household income mainly between the Bratislava region and the Prešov region.

scholarly journals Structure of Household Expenditures in Slovakia and Relations Between its Categories

2018 ◽  
Vol 15 (2) ◽  
pp. 43-50
Author(s):  
Zuzana Lazíková
Keyword(s):  
Household Income ◽  
Slovak Republic ◽  
Living Standards ◽  
Living Standard ◽  
Household Expenditure ◽  
Household Expenditures ◽  
Consumption Expenditures ◽  
Maastricht Criteria ◽  
The Eu

Abstract Household income is one of the basic indicators of the living standard of population in countries or regions. The income indicator is inextricably linked to the household expenditure indicator, whose structure also indicates the living standards of households. The development of income and expenditures of Slovak households has been affected by many events over the last decades (fulfilment of the Maastricht criteria, accession of the Slovak Republic to the EU, adoption of the euro currency, economic crisis). The category of gross cash expenditures, net cash expenditures or consumption expenditures may be used to assess household expenditures. Based on the classification by individual consumption by purpose (COICOP), the expenditures are divided into 12 basic categories. The development of individual categories of expenditures, however, should be analysed separately as there is no long-term balanced relationship between them.

NEUROECONOMICS, NEUROPHYSIOLOGY AND THE COMMON CURRENCY HYPOTHESIS

2008 ◽  
Vol 24 (3) ◽  
pp. 419-429 ◽  
Author(s):  
Anthony Landreth ◽  
John Bickle
Keyword(s):  
Rational Choice ◽  
Dopamine Release ◽  
Research Programme ◽  
Neural Mechanism ◽  
The Other ◽  
Common Currency ◽  
The Common ◽  
The Brain ◽  
Electrophysiological Methods

We briefly describe ways in which neuroeconomics has made contributions to its contributing disciplines, especially neuroscience, and a specific way in which it could make future contributions to both. The contributions of a scientific research programme can be categorized in terms of (1) description and classification of phenomena, (2) the discovery of causal relationships among those phenomena, and (3) the development of tools to facilitate (1) and (2). We consider ways in which neuroeconomics has advanced neuroscience and economics along each line. Then, focusing on electrophysiological methods, we consider a puzzle within neuroeconomics whose solution we believe could facilitate contributions to both neuroscience and economics, in line with category (2). This puzzle concerns how the brain assigns reward values to otherwise incomparable stimuli. According to the common currency hypothesis, dopamine release is a component of a neural mechanism that solves comparability problems. We review two versions of the common currency hypothesis, one proposed by Read Montague and colleagues, the other by William Newsome and colleagues, and fit these hypotheses into considerations of rational choice.

scholarly journals Income situation of agricultural households of EU countries

2021 ◽  
Author(s):  
Irena Antošová ◽  
Naďa Hazuchová ◽  
Jana Stávková
Keyword(s):  
Cluster Analysis ◽  
Agricultural Policy ◽  
Common Agricultural Policy ◽  
Household Income ◽  
Living Conditions ◽  
Living Standard ◽  
Eu Countries ◽  
Agricultural Household ◽  
Agricultural Households ◽  
The Common

One of objectives of the Common Agricultural Policy is to ensure an appropriate living standard for agricultural households. The paper uses EU-Statistics on Income and Living Conditions (EU-SILC) data to assess the income situation and living conditions of agricultural households. The agricultural household income does not reach the average household income in any of the EU countries. Multidimensional cluster analysis is applied to classify EU countries according to the income situation of agricultural households. The cluster analysis revealed five segments and the fact that living conditions at a satisfactory level can be achieved irrespective of the economic status of the agricultural household, although it depends on an appropriate setting of agricultural policy. The index of living conditions is constructed and used for the comparison. Based on the analysis results, the variables included in the assessment of the living standard of agricultural households should be taken into account when fulfilling the objectives of the Common Agricultural Policy, especially the part that relates to improving the living conditions of agricultural households. The current EU-SILC database is appropriate for the evaluation of the household income situation. However, it does not reflect the specifics of agricultural households, so additional measurement is needed.

European Coal and Steel Community

1955 ◽  
Vol 9 (4) ◽  
pp. 595-596
Keyword(s):  
Medical Research ◽  
The Other ◽  
Living Standard ◽  
Association Agreement ◽  
Housing Projects ◽  
The Third ◽  
The United Kingdom ◽  
The Common ◽  
Foreign Ministers ◽  
Opening Address

Common AssemblyThe third ordinary session of the Common Assembly of the European Coal and Steel Community (ECSC) reconvened from June 21 to 24, 1955. In his opening address Mr. Rene Mayer, newly elected president of the High Authority of the ECSC, expressed general agreement with the policy resolutions passed by the Common Assembly at its May meeting, and specifically mentioned resolutions on cartels, on implementation of the association agreement with the United Kingdom, and on action to improve the living standard of the workers in the ECSC countries, in regard to which he announced that the High Authority would shortly conclude two loans to finance new workers' housing projects–one of $4,000,000 in Belgium and the other of just over $4,000,000 in Germany. In addition, $300,000 were to be allocated for medical research. In commenting on the Messina conference of foreign ministers, Mr. Mayer said that the High Authority welcomed the decision to explore means of extending the single market. At the same time, he warned the Assembly to expect resistance to changes as the Community developed.

scholarly journals In varietate Concordia: two perspectives on the European values

Conatus ◽  
2019 ◽  
Vol 3 (1) ◽  
pp. 75
Author(s):  
Liliya Leonidovna Sazonova
Keyword(s):  
The Other ◽  
The European Union ◽  
The West ◽  
East European ◽  
Common Culture ◽  
Culture History ◽  
European Values ◽  
The Common ◽  
East West ◽  
The Eu

In the first chapter of the paper we elaborate on the attitude towards the Other in the European Union by discussing two adversative yet simultaneous processes taking place in the EU. The first tendency is a legacy from the centuries-lasting model of European unification against certain important Others. The second one refers to the aspiration of the supra-national European project to encourage in an unprecedented manner the co-existence with the otherness. We argue that this ambivalence results from the fact that the transformation of the attitude towards the otherness takes place with different tempo in the different social spheres.   In the second chapter we develop further the reflection on the EU attitude towards the Other by focusing on the East European Other. We discuss the normative and de facto application of the European values both in the West and in the East part of the continent.In the last chapter we articulate two separate discourses framing the European values. The first one refers to the essentialist approach looking for a metaphysical reasoning of their universality by developing the common culture, history and spirit rhetoric. The second reading of the European values presents them in a more postmodern and debatable way and offers a mechanism for reconciling the heterogenic East-West European society.

scholarly journals Welfare state: Convergence: Downward versus upward

2010 ◽  
pp. 21-42
Author(s):  
Kosta Josifidis ◽  
Novica Supic
Keyword(s):  
Social Justice ◽  
The Other ◽  
Social Model ◽  
Social Spending ◽  
Welfare Regimes ◽  
European Social Model ◽  
The Social ◽  
The Common ◽  
Beta Convergence ◽  
The Eu

The aim of this paper is to contribute, in the theoretical and empirical sense, to better understanding the challenges of the EU welfare regimes and how particular regimes react on them. Despite significant differences among the EU welfare regimes, it is real to expect that they will converge because of the common challenges confronting them. In this paper, using the model of sigma and beta convergence, we are trying to predict the possible direction of convergence in the sense that Europe will go toward to more or less generosity or in other words it will converge downward or upward. The downward convergence means the strengthen competition among existing welfare regimes, in order to maintain and/or attract capital, that could reduce the social spending generosity. On the other hand, the upward convergence above involves the strengthening of coordination among existing welfare regimes according to the values of solidarity and social justice, which characterise not only the most developed EU countries but also the supranational European social model. .

scholarly journals The contribution of organized food retail to the Greek socio-economic development during the years of economic crisis

2021 ◽  
Vol 10 (4, special issue) ◽  
pp. 326-335
Author(s):  
Nikolaos Zisoudis ◽  
Eleni Zafeiriou ◽  
Alexandros Garefalakis ◽  
Konstantinos Spinthiropoulos ◽  
Stavros Garefalakis
Keyword(s):  
Economic Crisis ◽  
Significant Contribution ◽  
National Income ◽  
Living Standard ◽  
Domestic Economy ◽  
Negative Consequences ◽  
Chain Stores ◽  
Retail Chain ◽  
The Eu

The economic crisis in the EU had severe impacts not only on the performance of the domestic economy but also on the living standard for the citizens. The extended spread of this crisis resulted in limitation in the disposable income and significant negative changes have taken place with negative consequences for the corporate economic performance and competitiveness (de Jorge Moreno, Castillo, & de Zuani Masere, 2010). Within the dominance of certain conditions of economic crisis, there are a few firms that act as lighting exceptions. The present work makes an effort, to unveil the role of selected supermarket retail chain stores in the performance of certain macroeconomic parameters and therefore to illustrate the mechanism through which the restoration of the economy in Greece becomes feasible. More specifically, based on data derived by Eurostat and Greek National Statistics with the assistance of the findings of present analysis that validate a significant contribution of the firms studied to macroeconomic parameters such as national income or employment it may provide policymakers with knowledge tools to promote corporate efforts of this type and in sequence to lead the macroeconomic system in a trajectory of economic growth.

scholarly journals Joined Cases C-643/15 and C-647/15 Slovak Republic and Hungary v Council of the European Union

2020 ◽  
Vol 8 (2) ◽  
pp. 141-154
Author(s):  
Anna Doliwa-Klepacka
Keyword(s):  
Slovak Republic ◽  
The European Union ◽  
Member States ◽  
Court Of Justice ◽  
Council Decision ◽  
Legal Nature ◽  
Management Measure ◽  
The Common ◽  
First Time ◽  
The Eu

In the commented judgment the Court of Justice has, for the first time, made an analysis of the legal nature of Article 78(3) TFEU including in particular the understanding of the concepts contained in that provision and the conditions for its application. This provision allows the Council to adopt the non-legislative acts in case of a sudden influx of migrants from third countries into the territory of the Member States. The Court also characterized the temporary relocation mechanism as a part of the common asylum system of the EU and a crisis management measure and examined the provisions of Council Decision 2015/1601, obligating the Member States to relocate 120000 persons staying in Italy and Greece – in the light of the notions used in Article 78(3) TFEU.

scholarly journals Is There a Trend of Euroization of EU Countries Still Using Their National Currencies? Trade and Invoicing

2020 ◽  
Vol 23 (4) ◽  
pp. 182-196
Author(s):  
Jan Mačí
Keyword(s):  
Exchange Rate ◽  
Exchange Rate Regime ◽  
National Currency ◽  
Common Currency ◽  
Eu Countries ◽  
National Currencies ◽  
Import And Export ◽  
The Common ◽  
Invoicing Currency ◽  
The Eu

Seven of the eight EU countries not yet using the euro as their legal tender undertook to adopt the common currency in the future. However, the actual moment of adoption may influence, e.g. the attitude of the population (households). Other needs for the use of the euro have a business sector that is managed considering current market conditions and opportunities. The prerequisite of this article is that within the non-EMU EU economies, due to the close ties to EMU members and the prospect of a future, albeit often uncertain, approach to the euro area, the gradual euroization of businesses takes place. Among other things, euroization should be reflected in foreign trade, namely in the currency of invoicing. Using the Eurostat data from 2010–2018 on import and export and the currency of non-EMU countries invoicing to third countries expressed in EUR, USD, national and other currencies, the links between invoicing currency, size of economies and exchange rate regime were sought. The aim was also to describe the actual trend of invoicing international trade to third countries outside the EU. According to the results of the analysis, it was found that the block of non-EMU countries rather euroizes and the importance of the national currency is rather declining. The level of growth of the share of the euro and the decline of the national currency has a different intensity for imports and different for exports. At the same time, it was found that in the case of imports in EUR and NC and exports in EUR, a possible relationship between the invoicing currency and the exchange rate regime can be identified. Last but not least, it was found that in the case of invoicing in EUR and NC (national currency), there is a relationship between the size of GDP and the invoicing currency.

Czech election result will depend on undecided voters

2021 ◽  
Keyword(s):  
Prime Minister ◽  
European Policy ◽  
Foreseeable Future ◽  
Common Currency ◽  
Content Type ◽  
Election Result ◽  
The Common ◽  
High Level ◽  
The Eu

Significance A series of scandals surrounding Prime Minister Andrej Babis, including the newly released Pandora Papers, threaten to undermine ANO’s popularity. A challenge may come from the centre-right SPOLU coalition, campaigning on a strong anti-Babis programme. The key question is which way undecided voters will finally lean. Impacts The Communists, who are currently teetering on the 5% electoral threshold, could eventually disappear from high-level politics. If ANO retains power, the government's European policy will focus on defending Babis’s interests before the EU. Either of the two opposition blocs would pursue a more constructive European policy if they won. Introduction of the euro is unlikely in the foreseeable future, as supporters of the common currency are significantly in the minority.

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