Banking Efficiency and Stock Performance in the EU Markets: The Impact of the World Financial Crisis

Author(s):  
Saleem Janoudi
Author(s):  
Daniela Palaščáková ◽  
Nataliia Stepaniuk

Poverty is a phenomenon which is present in all parts of the world. The main objective of the paper is to assess poverty in Slovakia compared with selected EU countries through cluster analysis. To the best of the country combined into clusters so as to achieve maximum similarity in terms of the monitoring indicators of poverty in the group, and the largest difference between the groups. Joining countries into clusters to be followed in a period of three years - 2006, 2009 and 2012 in order to determine the impact of the economic and financial crisis on poverty and social exclusion in the EU


2015 ◽  
Vol 6 (01-02) ◽  
Author(s):  
Anis Ur Rehman ◽  
Yasir Arafat Elahi ◽  
Sushma .

India has recently emerged as a major political and economic power in the world. The financial crisis that engulfed the world in 2008 needed developing countries like India to lead the rescue and recovery, instead of G7 westerns countries who dealt with such crisis in the past. Recently, discussions and negotiations are going amongst G20 countries regarding a new global financial architecture (G-20 Summit, 2008). The outcome will affect the relevant industries in India and hence it is a public interest issue for the actuarial profession in the country. Increased and more intrusive and costly regulations and red tapes are likely to be a part of the new deal (Economic Survey 2009-10). The objective of this paper is to study the perception of higher level authorities in Insurance sector regarding the role of regulator in minimizing the impact of global financial crisis. The primary data has been collected from 200 authorities in insurance industry. The data has been analyzed with statistical tools like MS-Excel. On the basis of the findings, various measures and policy recommendations for insurers have been suggested to minimize the impact of crisis.


2017 ◽  
Vol 25 (1) ◽  
pp. 10-12 ◽  
Author(s):  
Kristine Sørensen ◽  
Helmut Brand

Abstract A decade ago the European health literacy field was in its infancy. A comparable study among EU Member States was made to explore if health literacy was as much as a concern in Europe as elsewhere in the world. This article analyses the impact of the European Health Literacy project (2009–2012). Based on the outcomes new avenues for health literacy in Europe are proposed. In spite of progress there is still a strong call for actions to make health literacy a priority in the EU.


2021 ◽  
Vol 900 (1) ◽  
pp. 012024
Author(s):  
S Matušková ◽  
M Taušová ◽  
L Domaracká ◽  
P Tauš

Abstract The constant growth of the population increases the demands on raw material resources, which is reflected in increasing pressure on the environment. The impact of mankind on the environment is nowadays an increasingly acute problem, which is being addressed by the governments of individual countries, not only the EU, through legislative interventions. The most addressed areas are the issue of production and subsequent waste management. Waste production in the world has been growing for a long time, which causes considerable problems for individual countries. Each country is currently looking for the optimal way of waste management to reuse it as secondary raw material. In this paper, we analysed twenty-eight EU countries in terms of production and waste management and found significant differences between countries. We looked for factors that lead to different results between countries in the production and management of waste, based on the population, the size of the country to the indicators of living standards, and legislation applicable to those countries.


2020 ◽  
Vol 1 (1) ◽  
Author(s):  
Mengya Cao

In recent years, the financial crisis has affected the economies of all countries in the world. At that time, it seriously restricted the development of the world economy. From a modern perspective, the difficult period of the world economic crisis caused by the financial crisis has passed, but the negative impact of the economic crisis can not be eliminated in a short time. Dispersed, the crisis has brought both opportunities and challenges to the country as well as heavy economic losses. Under the background of economic globalization, only by making a scientific and effective analysis of the world economic situation and keeping up with the trend of the world economy, can we effectively promote the domestic economic development and industrial structure, and enable our economy to develop healthily and substantially.


Author(s):  
Anna М. Solarz

The 2015 immigration crisis revealed the weak cultural condition Europe finds itself in, given the adoption by a majority of states of a model for development that deliberately severs ties with common civilisational roots. However, while Poles do not really nurture prejudices against either Islam or immigrants, a decided majority of them voiced their unwillingness to accept new (mainly Muslim) arrivals, in the context of a solution to the above crisis the EU was intending to impose. A change of policy was thus forced upon the Union by Poland and other CEECs, given the latter’s strong guiding conviction that pursuit of a multicultural ideology leads to a weakening – rather than any improvement – in the condition of culture in Europe, and hence to a sapping of the continent’s power in the international relations sphere. As the crisis has made clear, the EU will probably have to start taking more account of preferences in this part of Europe. This means opportunities for the political science of religion to research the likelihood of a return to the Christian component of European identity, as well as the role this might play in improving the cultural condition of this part of the world.


2021 ◽  
Vol 2021 (1) ◽  
pp. 111-121
Author(s):  
M. Troian ◽  
V. Shkola ◽  
M. Domashenko ◽  
T. Makarenko

With the spread of the COVID-19 pandemic, the tourism industry faced a crisis that could be the worst in history. In recent years, the tourism industry has been one of the fastest-growing industries, sometimes faster than the world economy as a whole. 2019 has brought unprecedented changes to the world order, affecting all socio-ecological and economic ties. What are the consequences of and will have global tourism in connection with the spread of the COVID-19 pandemic, which countries and regions of the world will suffer the greatest losses, what threatens and what are the benefits of the tourism crisis that will bring a "new order" to the tourism industry, what innovative management anti-crisis measures should be applied by world governments and non-governmental organizations to overcome the unprecedented tourism crisis - all these issues remain acute and have identified the research topic. The paper examines the methodological developments and recommendations for overcoming the tourism crisis in Europe caused by the pandemic virus COVID-19, namely, the article identifies the basics and consequences of the pandemic impact on market capital on the example of tourism in Europe and the world, shows that the global tourism industry is one of the main factors in the formation of market capital, studied market capital as a component of intellectual capital on the example of tourism in the EU, outlined the prospects for global tourism, developed a system of measures to overcome the global crisis through tourism SWOT-analysis. Namely: enhanced multilateral cooperation and strong support are important for the resumption of tourism; the speed of adaptation of governments at all levels and the private sector involved in the tourism sector and the ability to respond quickly and adapt to the crisis; providing targeted and affordable government support as quickly and efficiently as possible for vulnerable tourism enterprises, workers and tourists; ensuring policy clarity and taking measures to limit uncertainty; invention and development of more sustainable and sustainable (socio-ecological-economic) models of tourism; development of tourism education and legislation.


2015 ◽  
Vol 59 (11) ◽  
pp. 31-37
Author(s):  
N. Arbatova

The Euro-Atlantic relations after the end of the Cold war have been strongly influenced by the impact of three interrelated crises: the existential crisis of NATO, the world economic and financial crisis, and the crisis in the Russia-West relations. The end of bipolarity has changed the threat environment and revealed how different alliance members formulate their threat perception and foreign policy interests. Europe stopped to be the US foreign policy priority. The US pivot to Asia has raised European concerns about American commitments to collective defense. The removal of the threat of a global conflict resulted in the EU initiatives aimed at promoting integration in the field of common security and defense policy (CSDP). Even though the US has officially welcomed a stronger European pillar in NATO, it has become concerned about new approaches that could divide transatlantic partnership and take resources away from military cooperation. At the same time the unilateralist preferences of the Bush administration generated deep political divisions between the United States and the European Union. The world economic and financial crisis contributed to a dangerous gulf between American and European defense spending. The US has complained about the tendency of the alliance’s European members to skimp on defense spending and take advantage of America’s security shield to free ride. In the absence of a clear external threat NATO tried to draft new missions, which were found in NATO’s expansion to the post-Communist space and Alliance’s out of area operations. But these new missions could not answer the main question about NATO’s post-bipolar identity. Moreover, the Kosovo operation of NATO in 1999 fueled Russia’s concerns about NATO’s intentions in the post-Soviet space. The creeping crisis in the Russia-West relations resulted in the Caucasus and Ukrainian conflicts that provided kind of glue to transatlantic relations but did not return them to the old pattern. There can be several representing possible futures lying ahead. But under any scenario EU will be faced with a necessity to shoulder more of the burden of their own security.


Author(s):  
N. Arbatova

The focal point of the article is the future of the European Union that has been challenged by the deepest systemic crisis in its history. The world economic and financial crisis became merely a catalyst for those problems that had existed earlier and had not been addressed properly by the EU leadership. The author argues that the EU crisis can be overcome only by new common efforts of its member-states and new integrationist projects.


Author(s):  
Paul Craig

This chapter traces the development of what is now the EU. It first describes the origins of ideas of European unity. It then discusses the various treaties that paved the way towards broader European integration. These include the European Coal and Steel Community Treaty of 1951,the Single European Act 1986, the Treaty on European Union (TEU) of 1992, and the Lisbon Treaty of 2009. Next, the chapter turns to the impact of the global financial crisis on the EU and considers several theories of integration.


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