Perspective on the Economic Evolution of the European Union States Under the Impact of the Pandemic and Financial-Economic Crisis

2021 ◽  
Vol 20 (2) ◽  
Author(s):  
Constantin Anghelache ◽  
Mădălina-Gabriela Anghel ◽  
Stefan Virgil Iacob ◽  
Dragos-Alexandru Hasegan
Keyword(s):  
European Union ◽  
Economic Crisis ◽  
Financial Economic ◽  
Economic Evolution ◽  
The European Union ◽  
The Impact

scholarly journals Examining the Impact of Air Passenger Transport on International Long-Distance Regular Bus Transport in the Slovak Republic

2018 ◽  
Vol 236 ◽  
pp. 02007 ◽  
Author(s):  
Jozef Gnap ◽  
Tomáš Settey ◽  
Dominika Beňová
Keyword(s):  
European Union ◽  
Economic Crisis ◽  
Slovak Republic ◽  
Low Cost ◽  
Air Transport ◽  
The European Union ◽  
Passenger Transport ◽  
Long Distance ◽  
The Impact ◽  
Bus Transport

The paper deals with the study of the impact of regular air passenger transport on international long-distance regular bus transport in the Slovak Republic. The comparative period is 2017 (2018) with 2008. The issue is also related to the issue of the use of Slovakian airports for regular air transport after the Slovak Republic entered the European Union in 2004. According to the results of the 2008 survey, both modes of transport have significantly affected the economic crisis. The development of low-cost airlines also affected the decrease in the number of issued transport licenses in 2018 compared to 2008 in international regular bus transport.

scholarly journals Assessing the impact of structural indicators for the European Union banking system on economic evolution: an empirical investigation in EU

2016 ◽  
Vol 11 (2) ◽  
pp. 61-69 ◽  
Author(s):  
Syed Ahsan Jamil ◽  
Faris Nasif Al Shubiri
Keyword(s):  
European Union ◽  
Banking System ◽  
Convergence Criterion ◽  
Economic Evolution ◽  
The European Union ◽  
Bond Yields ◽  
Market Prices ◽  
Inflation Rates ◽  
Structural Indicators ◽  
The Impact

This study aims to investigate the impact of structural indicators for the European Union banking system on economic evolution. The methodological framework is the analysis of three variables of economic evolution. The econometric equation is built by regression test using annual data for the period 2008 to 2014. The indicators of the European banking system consist of fifteen independent variables and their impact on three economic variables consisting of GDP at current market prices, EMU convergence criterion bond yields (Maastricht criterion) and HICP annual average inflation rates are investigated on the growth in EU (dependent variable). The regression results show that there is statistical significant impact at different level 1%, 5% and 10% of all independent variables on EMU convergence criterion bond yields (Maastricht criterion), and in thirteen variables on GDP at current market prices except total assets of domestic banking groups and branches of credit institutions from rest of the world variables. Finally, only three variables total assets of domestic banking groups, branches of credit institutions from rest of the world and assets of pension funds have significant impact on HICP annual average inflation rates. The researchers recommend the need to build the financial stability in the banking system of the European Union with the continuity of modifying commercial legislation based on environmental changes and raise transparency to increase and diversify investments in the financial markets to reduce risk, and, thus, this will lead to increase in the level of social responsibility toward socialist economic

Crisis económica y Administración Pública

2014 ◽  
pp. 1091-1129
Author(s):  
Miriam CUETO PÉREZ
Keyword(s):  
European Union ◽  
Public Sector ◽  
Economic Crisis ◽  
The State ◽  
Legal Order ◽  
The European Union ◽  
The Public ◽  
The Impact

LABURPENA: Ekonomiaren krisiak ordenamendu juridikoan duen eragina jorratzen da lan honetan, urte hauetan zehar sortu eta ordenamendu juridikoari gehitu zaizkion ezaugarriak aztertuz. Administrazio publiko guztietan aurrekontu-egonkortasuna ezartzeko agindu du Europar Batasunak. Horrek Konstituzioa erreformarazi du eta ondorio eta erreforma ugari ekarri ditu sektore publikoan, batik bat antolamendu-ahalmenari eraginez. Erreforma horiek Estatuko lurralde bakoitzari zenbateraino eragiten dion ere baloratzen da. RESUMEN: Este trabajo tiene como objeto abordar la incidencia de la crisis económica en el ordenamiento jurídico analizando los rasgos que han ido surgiendo e incorporándose al ordenamiento jurídico a lo largo de estos años. La reforma de la Constitución como consecuencia de la exigencia de la Unión Europea de incorporar el principio de estabilidad presupuestaria vinculando a todas las Administraciones públicas ha traído importantes consecuencias y numerosas reformas en el sector público, afectando en especial a la potestad de organización. El alcance de esas reformas en los distintos niveles territoriales del Estado es igualmente objeto de valoración. ABSTRACT: This works aims at dealing with the impact of economic crisis in the legal order by analyzing the features that for the last years have arisen and been incorporated onto the legal order. The reform of the Constitution as a consequence of the European Union request of incorporating the principle of budgetary stability binding all public administrations has carried out important consequences and many reforms in the public sector, having a particular effect on the power of organization. The scope of those reforms in the several territorial levels of the State is likewise to be valued.

scholarly journals Economic Crisis and Corruption in the European Union

2016 ◽  
Vol 7 (1) ◽  
Author(s):  
Mihaiela Ristei Gugiu ◽  
P. Cristian Gugiu
Keyword(s):  
European Union ◽  
Economic Crisis ◽  
Structural Equation ◽  
Equation Modeling ◽  
The European Union ◽  
Multilevel Sem ◽  
European Economies ◽  
The Impact ◽  
The Relationship ◽  
Significant Attention

Although significant attention has been paid to the impact of the recent economic crisis on European economies, less attention has been devoted to the association between the economic crisis and corruption. Utilizing structural equation modeling (SEM), the present study investigated the structural relationship between the economic crisis and perceptions of corruption in the European Union. Standard and multilevel SEM was used to estimate the relationship between the economic crisis and perceptions of corruption utilizing data from the 2011 Eurobarometer. The results confirmed the hypothesized model. Specifically, the study found a moderately strong direct positive relationship between the economic crisis and perceptions of corruption. The results indicated that a one-size-fits-all policy aimed at combating corruption, or perceptions thereof, is likely to yield inconsistent results.

scholarly journals COVID-19 Crisis - A Test for European Union’s Solidarity

2020 ◽  
Vol 15 (3) ◽  
pp. 105-113
Author(s):  
Popa Cristina Elena
Keyword(s):  
European Union ◽  
Financial Crisis ◽  
Economic Crisis ◽  
Debt Crisis ◽  
The European Union ◽  
Migration Crisis ◽  
Socioeconomic Consequences ◽  
The Impact ◽  
Over Time ◽  
The Eu

Abstract The crises the European Union has gone through over time have called into question the Union’s legitimacy and efficiency. The 2008-2009 financial crisis, the European debt crisis, the migration crisis and Brexit, have all tested the solidarity between member states. The COVID-19 pandemic is without a doubt the most drastic crisis in the EU’s history, with very severe socioeconomic consequences. The EU leaders were strongly criticized for not reacting quickly and efficiently enough to mitigate the impact of the virus, reduce suffering, and ward off the economic crisis. In this context, the questions that arise are: Is the Union a modern-day Titanic? Will it sink or it will sustain its legitimacy and come out stronger and more united from this unprecedented challenge?

scholarly journals The hybridization of national collective bargaining systems: The impact of the economic crisis on the transformation of collective bargaining in the European Union

2018 ◽  
Vol 40 (3) ◽  
pp. 469-489 ◽  
Author(s):  
Bernd Brandl ◽  
Barbara Bechter
Keyword(s):  
European Union ◽  
Collective Bargaining ◽  
Economic Crisis ◽  
Path Dependency ◽  
The European Union ◽  
The Impact ◽  
National Systems ◽  
Different Sources ◽  
Pushing And Pulling

In this article it is argued that the economic crisis has made national collective bargaining systems increasingly multi-layered, perforated and dynamically unstable, i.e. hybrid. The authors explain these transformations in terms of the concomitance of two different sources of change which do not necessarily follow the same logics. The first source stems from national systems’ endogenous logic of path dependency and the second from pressure to reform in accordance with exogenously applied strategies and logics. It is argued that these sources act like a whipsaw, pushing and pulling national collective bargaining systems between the two logics, leading to hybrid collective bargaining systems.

scholarly journals The Impact of the 2008 Economic Crisis on Substance Use Patterns in the Countries of the European Union

2016 ◽  
Vol 13 (1) ◽  
pp. 122 ◽  
Author(s):  
Geert Dom ◽  
Jerzy Samochowiec ◽  
Sara Evans-Lacko ◽  
Kristian Wahlbeck ◽  
Guido Van Hal ◽  
...  
Keyword(s):  
European Union ◽  
Substance Use ◽  
Economic Crisis ◽  
The European Union ◽  
Use Patterns ◽  
The Impact

Irish Environmental Policy after the Economic Crisis

2018 ◽  
pp. 87-110
Author(s):  
Brendan Flynn
Keyword(s):  
European Union ◽  
Environmental Policy ◽  
Qualitative Analysis ◽  
Economic Crisis ◽  
Policy Innovation ◽  
Policy Outcomes ◽  
Coalition Government ◽  
The European Union ◽  
The Subject ◽  
The Impact

This chapter employs qualitative analysis to apply the Index of Policy Activity (IPA) to environmental policy in Ireland between 1995 and 2016. It develops the IPA by deploying the new indicator of ‘provenance’, which enables the lack of environmental policy innovation in Ireland to be demonstrated, finding the state to be a ‘policy-taker’ from the European Union. The chapter shows that, while Ireland was hugely affected by the economic crisis of 2007–8 and became the subject of a complex bailout from the Troika, the impact upon environmental policy has been limited. Ireland was a relative laggard prior to the crisis, and possessed a Green coalition government, so there have been few demands or scope for reversals and deregulation. Ironically, the chapter finds that crisis has been good for environmental policy outcomes and that a return to growth may pose the biggest challenge for the future of the Irish environment.

The Financial Crisis in the European Union: An Impact Assessment and Response Critique

2011 ◽  
Vol 2 (4) ◽  
pp. 481-490 ◽  
Author(s):  
Jennifer Welch
Keyword(s):  
European Union ◽  
Economic Crisis ◽  
Financial Risk ◽  
Significant Risk ◽  
Financial Sector ◽  
Initial Response ◽  
The European Union ◽  
Risk Regulation ◽  
The Impact ◽  
The Eu

This article assesses the impact of the global economic crisis on the European Union and analyzes the recently enacted and future legislative response to repair the EU financial sector. It closely discusses and critiques the main initial response legislation, the European Economic Recovery Plan, finding that the central regulation contained short-term measures, yet managed to remain within the EU's long-term goals. The article also closely examines the significant risk regulation considerations highlighted by the economic crisis, notably those considerations contained in the De Larosiere Report and the Basel III Framework, and discusses the importance of implementing financial risk regulations to stabilize and revitalize the EU financial sector. Ultimately, the article concludes that the EU's recently enacted legislative measures are consistent with, but also must continue in tandem with, the longterm policies of the EU, while including new and crucial financial risk regulatory measures.

Sign in / Sign up

Export Citation Format

Share Document