Analysis on the European Union and the Concept of Welfare in the Context of the Economic Crisis the Cases of Spain, Portugal, Greece, and Italy

Author(s):  
Luis Rodrigo Rodrigo Asturias Schaub

The economic crisis of 2007 is still a matter of preoccupation for the countries around the World. The effect of the economic crisis is still in the agendas of many regions, including Europe. The present paper analyzes the effect of the economic crisis on one of the most important values of the European Union: wellbeing. The analysis leads us to the response of two main questions that elaborated the document: What is the current situation in Europe? What is the effect of the current situation in the wellbeing of Greece, Portugal, Spain, and Italy? The countries were chosen because of the similar situation they have concerning debt, inflation, unemployment and the search for immediate solutions. The empirical analysis based an inductive process and correlation and graphical analysis exemplify the situation of wellbeing in Europe.

2013 ◽  
Vol 2 (4) ◽  
pp. 7-12 ◽  
Author(s):  
Dimitrios Goulas ◽  
Georgia Kontogeorga

Greece, in the frame of appliance of e-Government, the last years has made significant steps which have changed the way its public services work and especially the local self government, which is represented by municipalities. Many countries, not only in the European Union but also throughout the world, are adopting decentralization reforms in order to empower local communities. In Greece specially, the economic crisis that started from 2009, gave one extra motivation to use decentralization to make local self government more efficient. Decentralization is the process of transferring authority, responsibility and accountability from central to local governments. To accomplish this, Greek government applied the Law 3852 «Kallikratis plan», instituted in 2010, reforming the local self administration and its duties. The purpose of this paper is to present the consequences of this change to the e-government steps that were done before «Kallikratis plan».


2001 ◽  
Vol 50 (3) ◽  
Author(s):  
Bettina Becker ◽  
Martin Theuringer

AbstractContingent Protection, and in particular Antidumping (AD), has grown to become an important trade restricting device in the European Union (EU). This paper analyses whether internal and external macroeconomic pressure may contribute to explain the variations in the intensity of AD policy in the EU. The empirical analysis shows that the filing activity is inversely related to the domestic macroeconomic situation. This result suggests that AD is more a tool of protectionism rather than an instrument to countervail alleged unfair import competition.


Author(s):  
Philip Whitehead

Since the Agricultural Revolution 12,000 years ago, human beings have demonstrated an extraordinary capacity to carve up the world between us and them, have and have nots. This cleaving of humanity reflects fertile soil for the production and reproduction of the pejorative, demonised, and relegated other which is the subject of this book. From ancient empires, stepping into the classical age of Greece and Rome, to more recent political tyrannies, the refugee crisis, and the problem with the European Union, this chapter explores and illustrates the long reach of pejorative othering. It doing so it frames the subject to provide critical and urgent insights into a pressing problem.


2020 ◽  
Vol 703 (4) ◽  
pp. 1-10
Author(s):  
Ioannis Kotoulas

Greece entered NATO in order to guarantee its existence against the revisionism of the Balkan communist states during the Cold War. The rise of Greek-Turkish rivalry during the 1950s and 1960s and its climax, the 1974 Turkish invasion of Cyprus, caused Greece’s withdrawal from NATO structure from 1974 to 1980. After the end of the Cold War Greece attempted to form a multilateral approach in its foreign policy and secure its interests in both the Balkan area and the Eastern Mediterranean. The new unstable environment of the early 21st century and Greece’s economic crisis complicated Greece’s position in NATO. Still the macro-historic parameters of Greece’s identity as a sea power confirm its ties to the Atlantic world and predict a possible realignment of Greece in an increasingly unstable European framework that could well see the demise of the European Union.


2020 ◽  
pp. 107-119
Author(s):  
Frank Schimmelfennig ◽  
Thomas Winzen

Focusing on the 2004 and 2007 Eastern enlargement of the European Union, this chapter traces the ‘normalization’ of differentiated integration after new countries become member states. The chapter explains pre-accession tensions between demands of member states to limit the membership benefits of the applicant countries, and demands of the applicants to help them deal with the burdens of joining a competitive European market. It also explores the post-accession process in which new member states are in a better position to avoid discriminatory differentiation but still have to cope with the repercussions of accession differentiation. The empirical analysis shows that almost all accession differentiation—both preferential and discriminatory—disappears within ten to fifteen years of membership.


2021 ◽  
Vol 19 (01) ◽  
pp. 70-90
Author(s):  
Jatin Trivedi ◽  
Cristi Spulbar ◽  
Ramona Birau ◽  
Amir Mehdiabadi

Purpose – This article examines volatility spillovers, cross-market correlation, and comovements between selected developed and former communist emerging stock markets in the European Union. Modelling the behavioural dynamics of European stock markets represents a vital topic in a fascinating context, but also a current challenge of great interest. Research Methodology – We propose to estimate and model volatility using GARCH family models for selected European markets. We aim to explore volatility movement, presence of leverage effect/ asymmetry in selected financial markets. Findings – The econometric approach includes GARCH (1, 1) models for the sample period from 1, January 2000 to 12, July 2018. The empirical results revealed that exists a significant presence of volatility clustering in all selected financial markets except Poland and Croatia. The empirical analysis also indicates that both recent and past news generate a considerable impact on present volatility. Research limitations – Our empirical study has certain limitations regarding the relatively small number of only eight stock markets. Practical implications – It can provide a useful perspective for researchers, academics, investors, investment managers, decision-makers, and scientists. Originality/Value – The empirical analysis is focused on 8 European stock markets, which are classified as developed (Spain, UK, Germany, and France) and emerging (Poland, Hungary, Croatia, and Romania).


2019 ◽  
pp. 3-6
Author(s):  
D. A. Bogdanova

The article provides an overview of the activities of the European Union Forum on kids' safety in Internet — Safer Internet Forum (SIF) 2019, which was held in Brussels, Belgium, in November 2019. The current Internet risks addressed by the World Wide Web users, especially children, are described.


2020 ◽  
Vol 28 (1) ◽  
pp. 66-84
Author(s):  
Sanford U. Mba

Recently, the Nigerian Senate passed the Bankruptcy and Insolvency (Repeal and Re-enactment) Bill. This is no doubt a welcome development following the continued demand by insolvency practitioners, academics and other stakeholders for such legislation. The call has not only been for the enactment of just about any legislation, but (consistent with the economic challenges faced by businesses in the country), one that is favourably disposed to the successful restructuring of financially distressed businesses, allowing them to weather the storm of (impending) insolvency, emerge from it and continue to operate within the economy. This article seeks to situate this draft legislative instrument within the present wave of preventive restructuring ably espoused in the European Union Recommendation on New Approaches to Business Rescue and to Give Entrepreneurs a Second Chance (2014), which itself draws largely from Chapter 11 of the US Bankruptcy Code. The article draws a parallel between the economic crisis that gave rise to the preventive restructuring approach of the Recommendation and the present economic situation in Nigeria; it then examines the chances of such restructuring under the Nigerian draft bankruptcy and insolvency legislation. It argues in the final analysis that the draft legislation does not provide for a prophylactic recourse regime for financially distressed businesses. Consequently, a case is made for such an approach.


Author(s):  
R. Khasbulatov

The author examines Russia’s economic position in the world in the XXI century, China’s economic and political infl uence on other countries, and analyzes the economy of the European Union, classifi es the experience of Western Europe as the most successful, while taking into account miscalculations and mistakes.


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