Determinants of socio-economic transformations of technological systems: theoretical and methodical aspects

2020 ◽  
pp. 102-111
Author(s):  
Svitlana Shults ◽  
Olena Lutskiv
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Structural Changes ◽  
Member States ◽  
Social Transformations ◽  
Technological Basis ◽  
Eu Member States ◽  
Technological Paradigm ◽  
Technological Paradigms ◽  
The Eu

Technological development of society is of unequal cyclic nature and is characterized by changing periods of economic growth, stagnation phases, and technological crises. The new wave of technological changes and new technological basis corresponding to the technological paradigm boost the role of innovations and displace the traditional factors of economic growth. Currently, intellectual and scientific-technical capacity are the main economic development resources. The use of innovation and new knowledge change the technological structure of the economy, increase the elements of the innovative economy, knowledge economy, and digital economy, i.e. the new technological paradigm is formed. The paper aims to research the basic determinants of technological paradigms’ forming and development, and determining their key features, as well as to analyze social transformations of the EU Member States and Ukraine. The paper focuses attention on the research of the features of social transformations. The structural transformations are analyzed based on the Bertelsmann Transformation Index that estimates the quality of democracy, market economy, and political governance. The transformation processes are assessed on the example of the EU Member States and Ukraine. The authors argue that social transformations and structural changes in the economy are related to the change of technological paradigms that boost the economic modernization and gradual progressive development of humanity in general. The nature and main determinants of 5 industrial and 2 post-industrial technological paradigms are outlined. Their general features and main areas of basic technologies implementation emerging in the realization of a certain technological paradigm are explained. The conclusions regarding the fact that innovative technologies and available scientific-technological resources define the main vector of economic development are made. The new emerging technological paradigm is of strategic importance for society development.

THE STANDARD OF LIVING OF HOUSEHOLDS IN POLAND COMPARED TO OTHER EU MEMBER STATES

2015 ◽  
Vol 5 (2) ◽  
pp. 634-638
Author(s):  
Joanna Szwacka Mokrzycka
Keyword(s):  
Economic Development ◽  
Economic Condition ◽  
Standard Of Living ◽  
Consumption Expenditure ◽  
Member States ◽  
Eu Member States ◽  
Financial Condition ◽  
Starting Point ◽  
Structure Of Consumption ◽  
The Eu

The objective of this article is to present the standard of living of households in Poland in comparison with other EU member states. The starting point for analysis was the economic condition of Poland against the background of other EU member states. The next step consisted of assessment of the standard of living of inhabitants of individual EU member states on the basis of financial condition of households and the structure of consumption expenditure. It was found that the differences within the EU in terms of economic development and the standard of living of households still remain substantial.

scholarly journals Socio-economic Disparity problems and Convergence Policy in the EU States

2016 ◽  
Vol 2 (1) ◽  
pp. 41-48
Author(s):  
Elena Dubra
Keyword(s):  
Economic Development ◽  
Well Being ◽  
Convergence Theory ◽  
Socioeconomic Indicators ◽  
Social Situations ◽  
Member States ◽  
Eu Member States ◽  
Policy Goals ◽  
Economic Strategies ◽  
The Eu

The purpose of this paper is to investigate socio-economic development condition and convergence evaluation in the EU-28 states in the context of the EU policy goals. The arm of this research is to estimate socioeconomic disparities and convergence problems in the European states by applying real valuations of well-being situations and economic development challenges in the EU member states. The research methodology is based on the European Commission legitimate documents application and socio-economic strategies, on the convergence theory and convergence scenario calculations and the socioeconomic forecasts analysis in the EU states. This research presents information about different socioeconomic indicators, indexes, and scheme of information`s flows for convergence level estimation. This study contains objectives and general outlines of period 2014-2020 in the framework of Europe as a whole, as well its impact on the EU member states economies and living conditions. Changes in the main socioeconomic concepts impact on EU convergence policy and rapidity of convergence depends on the initial discrepancy of the development level in the EU states. The efficiency of European convergence policy can also be improved by significant economic growth and by a clever choice of the country-specific social activities. This research investigates above information for social situations estimations in EU states as well as GDP growth, unemployment, population’s income level and different welfare indicators. The main results reflect the overall economic situation valuation in the EU countries and present European convergence policy’s impact on social development in the European states. The conclusions contain socio-economic situations appreciation in the context of European strategy goals and social inequality problems clarification in the EU states.

scholarly journals SMART GROWTH PROGRESS IN EUROPEAN UNION: A COHESION APPROACH

2019 ◽  
Vol 133 (2) ◽  
pp. 41-49
Author(s):  
Viktor Kozlovskij
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Tertiary Education ◽  
Smart Growth ◽  
Developed Countries ◽  
Member States ◽  
Eu Countries ◽  
Development Level ◽  
Growth Indicators ◽  
The Eu

Economic development and socioeconomic cohesion have always been an object of scientific research. In particular, this issue had become a focus of attention after EU enlargement in 2004 and Great Recession in 2007–2009. The above changes have given way to a certain slowdown in economic growth in most EU countries along with triggering a range of divergence processes between EU countries and regions. As a response to situation, the EU offered a Europe 2020 strategy, in which smart growth was mentioned as one of critical instruments to deal with increasing menaces. The objective of the study is to evaluate the progress of the main smart growth indicators (investment in research and development (R&D), employment rate and share of population obtaining tertiary education) in the EU over the period 2001–2017 within the framework of the economic cohesion concept. The paper seeks to explore the EU from different perspectives. First, the EU new member states (EU-10) and the old ones (EU-14) were compared. Second, the EU countries were divided by economic development level (calculated by GDP per capita in PPP): highly developed (H-7), medium developed (M-7) and less developed (L-7) countries. Finally, aggregate cohesion indices of all three smart growth indicators were calculated for the entire EU (EU-28). The research findings have revealed some interesting trends. First, each smart growth indicator’s progress depends on countries’ economic development level. Aggregate values for more developed countries (EU-14, H-7 and G-3) are always higher than the EU average (EU-28) and aggregate values for less developed economies are basically lower. Second, cohesion progress of smart growth indicators was influenced by economic recession in 2007–2009. It is argued that cohesion is evident in times of economic growth, but its progress ceases or divergence might occur in case of economic hazards. However, despite the expanding cohesion between the new and the old member states, a gap between certain groups of countries is even growing. This is clearly evident when the EU member states are divided into groups subject to the level of their economic development.

Cross-Generational Investment Behavior and the Impact on Personal Finance

2018 ◽  
Vol 3 (2) ◽  
pp. 16-18 ◽  
Author(s):  
Alexander Zureck ◽  
Julius Reiter ◽  
Martin Svoboda
Keyword(s):  
Economic Development ◽  
Well Being ◽  
Convergence Theory ◽  
Socioeconomic Indicators ◽  
Social Situations ◽  
Member States ◽  
Eu Member States ◽  
Policy Goals ◽  
The Impact ◽  
The Eu

The purpose of this paper is to investigate socio-economic development condition and convergence evaluation in the EU-28 states in the context of the EU policy goals. The aim of this research is to estimate socioeconomic disparities and convergence problems in the European states by applying real valuations of well-being situations and economic development challenges in the EU member states. The research methodology is based on the European Commission legitimate documents application and socio-economic strategies, on the convergence theory and convergence scenario calculations along with socioeconomic forecasts analysis in the EU states. This research presents information about different socioeconomic indicators, indexes, and scheme of information`s flows for convergence level estimation. This study contains objectives and general outlines of period 2014-2020 in the framework of Europe as a whole, as well its impact on the EU member states economies and living conditions. Changes in the main socioeconomic concepts impact on EU convergence policy and rapidity of convergence depends on the initial discrepancy of the development level in the EU states. The efficiency of European convergence policy can also be improved by significant economic growth and by a clever choice of the country-specific social activities. This research investigates above information for social situations estimations in EU states as well as GDP growth, unemployment, population’s income level and different welfare indicators. The main results reflect the overall economic situation valuation in the EU countries and present European convergence policy’s impact on social development in the European states. The conclusions contain socio-economic situations appreciation in the context of European strategy goals and social inequality problems clarification in the EU states.

scholarly journals Comparative Assessment of the Impact of Electricity Consumption in Different Economic Sectors on the Economic Development of the EU Member States

Energies ◽  
2021 ◽  
Vol 14 (24) ◽  
pp. 8335
Author(s):  
Romualdas Ginevičius ◽  
Gracjana Noga ◽  
Eigirdas Žemaitis ◽  
Barbara Piontek ◽  
Karel Šuhajda
Keyword(s):  
Economic Development ◽  
Electricity Consumption ◽  
Successful Implementation ◽  
The European Union ◽  
Member States ◽  
Eu Member States ◽  
National Economic ◽  
National Economic Development ◽  
The Impact ◽  
The Eu

Recently, the Member States of the European Union (EU) have found themselves in a controversial situation. On the one hand, national economic development is barely possible without increasing electricity consumption, whereas on the other we are facing increased use of natural resources (coal, oil, gas, wood), thermal effects, pollution and risks to human health. The European Green Deal is a response to the currently observed negative trends. The strategy aims to accelerate the economic development of the EU Member States, thus reducing electricity consumption. Objectives may include both the national economy and the electricity generation sector by applying advanced technologies and introducing innovations that increase output efficiency while reducing electricity costs. Assessing the current situation is vital for the successful implementation of the European Green Deal, i.e., by comparing the impact of electricity consumption on the economic development of the Member States. Thus, combining indicators for national economic development and the extent of electricity consumption into a single aggregate is necessary because electricity greatly affects economic development. The proposed methodology allows dividing the analysed EU Member States into three groups, in line with the degree of national economic development and the scope of electricity consumption in their economy sectors.

scholarly journals The EU cohesion policy and economic development of Poland

Equilibrium ◽  
2012 ◽  
Vol 7 (4) ◽  
pp. 31-48
Author(s):  
Tomasz Dorożyński
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Equal Opportunity ◽  
Social Economic ◽  
Added Value ◽  
Individual Member ◽  
Cohesion Policy ◽  
Member States ◽  
The Subject ◽  
The Eu

In order to remove regional economic disparities, the EU realizes the cohesion policy. The evaluation of the cohesion policy from the point of view of experiences of individual member states and the EU is not explicit. What is especially controversial here, are unsuccessful attempts to reach the main goal, which is social, economic and territorial cohesion. It does not mean the negation of outcomes of numerous researches which confirm a positive influence of the cohesion policy on the economic growth. The subject for a discussion is the right balance between the equality and effectiveness. The key issue is an answer to the question who and how to support. The question is whether the aid should be directed at the areas which guarantee the highest added value? Should it be the priority to give equal opportunity to the poorest and to support them? At present the cohesion policy is trying to combine both those goals. However, with the limited measures and rising social, economic and territorial disparities, those actions are ineffective. The pace of economic growth in Poland in the recent years – bigger than the average in the EU – has contributed to the making up for part of a development distance towards the rest of the member states. The cohesion policy had some participation in this process. The evaluation of the influence of the cohesion policy is not easy, though. One has to, however, separate its influence from other factors affecting the social-economic situation of the regions. The main aim of the article is an evaluation of the role of the EU cohesion policy in the stimulation of social-economic development of Poland, in particular its impact on the economy of the regions. The research method is an analysis of the literature of the subject. The bases of the conducted research were: statistical data, program documents, reports, national and EU law, quantitative and qualitative research and secondary sources presented in various studies.

Socio-economic Development in the EU Member States – Concept and Classification

2014 ◽  
Vol 25 (5) ◽  
Author(s):  
Malgorzata Aneta Stec ◽  
Paulina Bogusława Filip ◽  
Mariola Jolanta Grzebyk ◽  
Agata Pierscieniak
Keyword(s):  
Economic Development ◽  
Member States ◽  
Eu Member States ◽  
Socio Economic Development ◽  
The Eu

scholarly journals BULGARIAN ECONOMIC DEVELOPMENT AND EU INTEGRATION

2017 ◽  
pp. 21-46
Keyword(s):  
Economic Development ◽  
Main Question ◽  
Member States ◽  
Developed Economies ◽  
Eu Member States ◽  
Eu Integration ◽  
Convergence Process ◽  
Treaty Compliance ◽  
Macroeconomic Indicators ◽  
The Eu

The present research is devoted to the "economic catch-up" and the convergence of the macroeconomic indicators and the living standards of Bulgaria and the new EU Member States from Central and Eastern Europe with those of the developed economies of the EU. It is clarified that the economic and social development and territorial integrity of the EU are dependent on the successful convergence of the Member States and not only on that of the separate levels. With the entry into force of the Maastricht Treaty, compliance with the nominal economic indicators becomes a prerequisite for entry into the euro area. The establishment of the Economic and Monetary Union (EMU) is the most significant element of economic integration into the EU. The question arises: to what extent does the EMU contribute to the economic convergence of the Member States? The main question remained how do the economic development of Bulgaria is assisting the convergence process of Bulgaria to the EC economies.

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