scholarly journals Intra-EU Capital Movements: Ten Years Of Poland’s Experiences As An EU Member In The Global Context

2015 ◽  
Vol 18 (3) ◽  
pp. 19-35
Author(s):  
Janina Witkowska
Keyword(s):  
Free Movement ◽  
Member States ◽  
Foreign Investors ◽  
Eu Member States ◽  
Short Period ◽  
Polish Economy ◽  
Free Movement Of Capital ◽  
New Eu Member States ◽  
The Eu

The aim of this paper is to analyse and evaluate the consequences of the establishment of free movement of capital between Poland and the other EU Member States, from the perspective of ten years of Poland’s EU membership. Special attention is paid to the role of intra-EU foreign direct investment (FDI) flows into the Polish economy. The widening of the European Union (EU) in 2004 spurred massive and serious legal and economic adjustment processes in the new EU Member States. The free movement of capital is one part of the socalled ‘four freedoms’ within the single European market, and needed to be established in the relations between the EU-15 and new EU Member States. The new EU Member States were granted a relatively short period of time to make those adjustments. However, the establishment of the free movement of capital between Poland and the rest of the EU did not cause disturbances in its economy. In fact it stabilized some spheres of its economic and social life. The intra-EU FDI inflows may be seen as having facilitated the restructuring processes in the Polish economy. The role of foreign investors in employment and foreign trade is decisive for the stabilization of Poland’s economic situation. The involvement of foreign investors in innovation processes, although growing, has not radically changed Poland’s position in this field. According to the EU innovativeness rankings, Poland belongs to the rank of modest innovators.

scholarly journals The role of renewable energies in the new EU member states

2021 ◽  
Vol 8 (1) ◽  
pp. 18-25
Author(s):  
Natanya Meyer ◽  
Robert Magda ◽  
Norbert Bozsik
Keyword(s):  
Energy Production ◽  
Fossil Fuel ◽  
Renewable Energies ◽  
Energy Sources ◽  
The European Union ◽  
Member States ◽  
Eu Member States ◽  
New Eu Member States ◽  
The Eu

This article provides an overview of the structure and utilization of the new EU member states (EU-13) energy consumption. During the analysis, it was determined which non-renewable energy carriers were replaced by renewables ones. The replacement of energy sources with each other was analyzed by means of a correlation matrix. Results indicated that coal was replaced by renewable energies in Poland, Czech Republic, Slovakia, Bulgaria and Cyprus. Furthermore, the renewables basically replaced oil in Malta and gas was replaced by renewables in Lithuania. In other countries the relation between renewables and non-renewables could not be detected. The structure of energy production in the EU countries were different due to the differences of natural endowments. The main goal of the European Union energy policy is to reduce the CO2 emission by decreasing the fossil fuel consumption and this finding new ways to replace traditional energy sources is of utmost importance.

scholarly journals Foreign Direct Investment and Sustainable Development in the New EU Member States: Environmental Aspects

2012 ◽  
Vol 14 (3) ◽  
pp. 5-23 ◽  
Author(s):  
Janina Witkowska
Keyword(s):  
Negative Impact ◽  
Environmental Aspects ◽  
Member States ◽  
Foreign Investors ◽  
The Czech Republic ◽  
Eu Member States ◽  
The Subject ◽  
Potential Impact ◽  
New Eu Member States

The aim of this paper is to examine the potential impact of foreign investors' activities on the environment of the new European Union's Member States and discuss a role of a common environmental policy and member states' policies towards foreign investors. The analysis embraces three new EU countries, namely the Czech Republic, Poland and Slovakia. The scope of the analysis are years 1997- 2007. The subject of the analysis is the sector and branch structure of FDI stock in the new EU Member States with special reference to FDI located in pollution-intensive industries which are selected according to the UNCTAD classification. Both the OECD and national data base of statistics is used to calculate the share of foreign investors' involvement in pollution-intensive activities in the new UE Member States. The research results show that as yet there has been no empirical evidence that FDI has a particularly negative impact on the natural environment in the new EU Member States.

Autonomy of Public Sector Investments in the Light of the Free Movement of Capital in the EU

2014 ◽  
Vol 12 (3) ◽  
pp. 503-518
Author(s):  
Janja Hojnik
Keyword(s):  
Market Integration ◽  
Free Movement ◽  
Member States ◽  
Freedom Of Movement ◽  
Eu Member States ◽  
Financial Market Integration ◽  
The Republic ◽  
The Impact ◽  
Free Movement Of Capital ◽  
The Eu

This article deals with the impact of the EU’s endeavours to achieve financial market integration and the free movement of capital on rules of the Member States that limit autonomy of public bodies when making investment decisions. These rules have direct importance for rules such as those applicable in Slovenia which require 1,500 public entities to invest their liquid assets exceeding EUR 100,000 solely in securities of the Republic of Slovenia and not in securities of other EU Member States. In this case, they are obliged to offer their liquid assets first to the Ministry of Finance, thereby running the risk that such liquid assets would be decommitted and allocated to other public purposes. The aim of this article is to develop arguments to the effect that, in the light of the freedom of movement of capital as construed by the Court of Justice of the EU, especially in the recent case concerning Polish open pension funds (OPFs) the investment policy of indirect budget spending units should be more open – not only from the viewpoint of ensuring the EU single market but mainly from the perspective of the profitability of public finance. The security of investments can also be achieved in ways other than closing the investment market for all public entities.

scholarly journals Inequalities in the European Union—A Partial Order Analysis of the Main Indicators

2021 ◽  
Vol 13 (11) ◽  
pp. 6278
Author(s):  
Lars Carlsen ◽  
Rainer Bruggemann
Keyword(s):  
Indicator System ◽  
Partial Ordering ◽  
Disposable Income ◽  
The European Union ◽  
Member States ◽  
Eu Member States ◽  
Per Capita ◽  
Educational Aspect ◽  
The Eu

The inequality within the 27 European member states has been studied. Six indicators proclaimed by Eurostat to be the main indicators charactere the countries: (i) the relative median at-risk-of-poverty gap, (ii) the income distribution, (iii) the income share of the bottom 40% of the population, (iv) the purchasing power adjusted GDP per capita, (v) the adjusted gross disposable income of households per capita and (vi) the asylum applications by state of procedure. The resulting multi-indicator system was analyzed applying partial ordering methodology, i.e., including all indicators simultaneously without any pretreatment. The degree of inequality was studied for the years 2010, 2015 and 2019. The EU member states were partially ordered and ranked. For all three years Luxembourg, The Netherlands, Austria, and Finland are found to be highly ranked, i.e., having rather low inequality. Bulgaria and Romania are, on the other hand, for all three years ranked low, with the highest degree of inequality. Excluding the asylum indicator, the risk-poverty-gap and the adjusted gross disposable income were found as the most important indicators. If, however, the asylum application is included, this indicator turns out as the most important for the mutual ranking of the countries. A set of additional indicators was studied disclosing the educational aspect as of major importance to achieve equality. Special partial ordering tools were applied to study the role of the single indicators, e.g., in relation to elucidate the incomparability of some countries to all other countries within the union.

scholarly journals Review of the Construction Labour Demand and Shortages in the EU

Buildings ◽  
2021 ◽  
Vol 11 (1) ◽  
pp. 17
Author(s):  
Belinda Brucker Juricic ◽  
Mario Galic ◽  
Sasa Marenjak
Keyword(s):  
Free Movement ◽  
Construction Sector ◽  
The European Union ◽  
Total Employment ◽  
Member States ◽  
Skill Levels ◽  
Eu Member States ◽  
Free Movement Of Workers ◽  
European Union Member States ◽  
The Eu

This paper reviews the recent literature on skill and labour shortages in the labour market with special emphasis on the construction sector in the European Union Member States, foreseeing the Construction 4.0 era. The free movement of people is one of the rights of all citizens of the EU which also includes the free movement of workers. Labour shortages in the EU are expected to increase in the future due to a declining population and an ageing workforce. In order to recognize and forecast labour shortages, EU Member states use a variety of instruments but they do not answer as to whether it is possible to use migrant labour to appease those shortages. There are several systems used to classify labour shortages in the EU Member states. Most of the countries classify labour shortages in relation to different sectors or occupation groups as well as by skill levels, but in some Member States, classification is made according to the type of employment. Instruments used to measure labour shortages significantly differ from country to country. Several criteria are used for creating lists of shortage occupations and most of the criteria include demand side and supply side criteria. A majority of the Member States are facing labour and skill shortages in various sectors and the construction sector is not an exception. As total employment in the construction sector decreased, so did the share of employed migrants. Labour shortages in the construction sector can be eased by the availability of a labour supply willing to accept unqualified and low-paying jobs. The construction sector seeks low-, medium-, and high-skilled individuals and is most likely the sector where most of the incoming migrants will be working, which has an impact on the development and implementation dynamic of Construction 4.0.

scholarly journals The Attitudes of the European Union and China Towards Foreign Direct Investment: Implications for Bilateral Relations

2019 ◽  
Vol 22 (3) ◽  
pp. 83-98
Author(s):  
Janina Witkowska
Keyword(s):  
Foreign Direct Investment ◽  
Foreign Investment ◽  
Direct Investment ◽  
Member States ◽  
Independent State ◽  
Eu Countries ◽  
Eu Member States ◽  
Bilateral Relations ◽  
New Eu Member States ◽  
The Eu

The aim of this paper is to discuss new trends that have occurred in the policies of the EU and China towards foreign direct investment (FDI), to examine some implications of the EU‑China Comprehensive Agreement on Investment (CAI) – which is currently being negotiated – for their bilateral relations, and to assess the role which China’s “One Belt One Road’ (OBOR) initiative might play in its relations with the new EU Member States. The EU established freedom of capital movement with third countries; however, the introduction of the common investment policy has encountered some obstacles. These are related to investor protection and ISDS issues. In turn, China is carrying out an independent state policy towards foreign investment with limited liberalization of FDI flows. The negotiated EU‑China CAI is expected to create conditions conducive to bilateral foreign investment flows, and it might bring positive effects for their economies in the future. However, the progress made thus far in the negotiations is still limited. The relations between China and the new EU Member states (CEE countries) are characterized by common interests in the field of FDI flows. The new EU countries are interested in attracting Chinese FDI and seem not to show the fears that have arisen in the old EU countries.

European Union Rights and Values in Human Health

2019 ◽  
pp. 16-51
Author(s):  
Anniek de Ruijter
Keyword(s):  
Public Health ◽  
European Union ◽  
National Policy ◽  
Fundamental Rights ◽  
The European Union ◽  
Member States ◽  
Eu Member States ◽  
Eu Fundamental Rights ◽  
The Eu

This book looks at the impact of the expanding power of the EU in terms of fundamental rights and values. The current chapter lays down the framework for this analysis. Law did not always have a central role to play in the context of medicine and health. The role of law grew after the Second Word War and the Nuremberg Doctors Trials (1947), in which preventing the repetition of atrocities that were committed in the name of medicine became a guidepost for future law regarding patients’ rights and bioethics. In the period after the War, across the EU Member States, health law developed as a legal discipline in which a balance was struck in medicine and public health between law, bioethics, and fundamental rights. The role of EU fundamental rights protections in the context of public health and health care developed in relation with the growth of multilevel governance and litigation (national, international, Council of Europe, and European Union). For the analysis here, this chapter develops an EU rights and values framework that goes beyond the strictly legal and allows for a ‘normative language’ that takes into consideration fundamental rights as an expression of important shared values in the context of the European Union. The perspective of EU fundamental rights and values can demonstrate possible tensions caused by EU health policy: implications in terms of fundamental rights can show how highly sensitive national policy issues may be affected by the Member States’ participation in EU policymaking activities.

Calls of Duty: Romanian Politicians’ Deontological Discursive Strategies for Securing Free Movement in the European Union

2017 ◽  
Vol 25 (3) ◽  
pp. 43-66
Author(s):  
Saila Heinikoski
Keyword(s):  
European Union ◽  
Free Movement ◽  
The European Union ◽  
Member States ◽  
Prime Ministers ◽  
Discursive Strategies ◽  
Eu Member States ◽  
Different Types ◽  
The Right ◽  
The Eu

This article discusses how the right to free movement within the European Union is presented as a matter of obligation, a duty of the other EU member states, in the discourse of Romanian Presidents and Prime Ministers (2005–2015). An examination of speeches and other statements from these politicians illuminates Romanian political reactions during the period when Romania became an EU member state, and reflects perceptions of Europeanness and European agreements. These issues take on an additional contemporary significance in the context of the Brexit negotiations, and they also add to the broader debate on whether EU norms and obligations are seen as being both just and equally applied. By analysing different types of argumentative topoi, I examine the deontological (obligation-based) argumentation employed in the free movement context. Furthermore, I examine to what extent these arguments are invoked in support of the right to free movement and who this right applies to. I argue that for Romanian politicians, deontological free movement arguments are connected to other states’ compliance with European treaties and to demands for equal application of European rules without discrimination, or the delegation of responsibility to others. This manifested itself most frequently in the calls for the EU and its member states to do their duty by treating Romanians equally to other EU citizens.

Labour Immigration Policy in the European Union: How to Overcome the Tension between Further Europeanisation and the Protection of National Interests?

2020 ◽  
Vol 22 (2) ◽  
pp. 198-223
Author(s):  
Jean-Baptiste Farcy
Keyword(s):  
Immigration Policy ◽  
Added Value ◽  
The European Union ◽  
National Interests ◽  
Member States ◽  
Eu Member States ◽  
Labour Immigration ◽  
Eu Directives ◽  
The Eu

Abstract This article critically assesses EU harmonisation in the field of labour immigration. It argues that EU directives are limited both in scope and intensity which explains their relatively low effectiveness and added value. Given the current political and institutional context, the article claims that a truly common labour immigration policy is unrealistic. Labour immigration remains a predominantly national prerogative and EU rules have done little to overcome normative competition between EU Member States. Looking forward, the EU should adopt complementary measures to Member States’ policies. The role of the EU in this sensitive policy area should be better defined and justified, in particular in relation to the principle of subsidiarity.

scholarly journals Financial Liberalization and Current Account Developments in New EU Member States

2020 ◽  
Vol 23 (1) ◽  
pp. 141-154
Author(s):  
Zdenka Obuljen Zoričić ◽  
Boris Cota ◽  
Nataša Erjavec
Keyword(s):  
Exchange Rate ◽  
Current Account ◽  
Positive Sign ◽  
Current Account Balance ◽  
Financial Openness ◽  
Member States ◽  
Eu Member States ◽  
New Eu Member States ◽  
The Eu ◽  
The Current Account

AbstractDue to negotiations on accession to the EU, the new EU member states from Central and Eastern Europe went through the financial opening. In the pre-crisis period followed by high liquidity in global markets, most of the EU new member states experienced rapid credit growth, which conditioned the appreciation of the exchange rate. External imbalances and vulnerabilities built up. Countries experienced deterioration in their current accounts. This paper investigates the link between financial openness, real effective exchange rate, financial crisis and current account balance within the Panel Auto-Regressive Distributed Lag (ARDL) framework for 11 new European Union members during the period from 1999 to 2016. The results obtained by the use of pooled mean group estimator (PMG) show that in the long run, financial openness has a significant negative impact on the current account balance. In the short run, crisis significantly influences the current account balance having a positive sign.

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