THE POVERTY IN SLOVAKIA IN COMPARISON TO OTHER SELECTED EU COUNTRIES

2016 ◽  
Vol 4 (2) ◽  
pp. 0-0
Author(s):  
Daniela Palaščáková ◽  
Nataliia Stepaniuk
Keyword(s):  
Cluster Analysis ◽  
Financial Crisis ◽  
Social Exclusion ◽  
Eu Countries ◽  
The World ◽  
Maximum Similarity ◽  
The Impact ◽  
The Eu ◽  
Economic And Financial Crisis

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

Euro-Atlantic Relations in the XXI Century: Problems and Scenarios

2015 ◽  
Vol 59 (11) ◽  
pp. 31-37
Author(s):  
N. Arbatova
Keyword(s):  
Foreign Policy ◽  
Financial Crisis ◽  
The United States ◽  
Defense Spending ◽  
Main Question ◽  
The Us ◽  
The World ◽  
World Economic ◽  
The Impact ◽  
Economic And Financial Crisis

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.

Crisis and European Union: Political Aspects

2012 ◽  
pp. 33-42
Author(s):  
N. Arbatova
Keyword(s):  
European Union ◽  
Financial Crisis ◽  
Focal Point ◽  
The European Union ◽  
The World ◽  
The Future ◽  
Systemic Crisis ◽  
World Economic ◽  
The Eu ◽  
Economic And Financial Crisis

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.

scholarly journals Digitalization of the EU Economies and People at Risk of Poverty or Social Exclusion

2020 ◽  
Vol 13 (7) ◽  
pp. 142 ◽  
Author(s):  
Aleksy Kwilinski ◽  
Oleksandr Vyshnevskyi ◽  
Henryk Dzwigol
Keyword(s):  
At Risk ◽  
Social Exclusion ◽  
Lower Percentage ◽  
Poverty Level ◽  
Member States ◽  
Population At Risk ◽  
Eu Countries ◽  
Eu Member States ◽  
The Impact ◽  
The Eu

Despite the fact that a comprehensive analysis of digitalization processes in the EU member states has been carried out, the impact of a country’s digitalization level on the risks of poverty and social exclusion requires further investigation. The purpose of the paper is to verify a hypothesis that a higher level of national digitalization provides positive trends in reducing the risks of poverty and social exclusion for the population. The Digital Economy and Society Index (DESI) was used to evaluate the digitalization levels of the EU countries. The indicator “People at risk of poverty or social exclusion” (AROPE) was applied to estimate the poverty level. As the main research methods, the authors used a comparative and correlation analysis with respect to the above-mentioned indicators, as well as the Monte Carlo method in order to evaluate the probability of a change in the indicator “population at risk of poverty or social exclusion” in 2021. The EU countries with higher digitalization levels have a lower percentage of the population at risk of poverty and social exclusion. However, a higher digitalization level of the EU member states does not provide an accelerated risk reduction of poverty and social exclusion. Statistical calculations with respect to the entire population of these countries mainly indicate reverse processes. At the same time, a further reduction of poverty and social exclusion level is less probable in the countries with a higher level of digitalization. For relatively poor segments of the population (the 1st and 2nd quintiles by income) in the EU member states, the level of digitalization does not play a significant role. For relatively wealthy segments of the population (the 3rd and 4th quintiles by income) the authors noticed a pattern: the higher the level of digitalization is, the lower the risk of poverty and social exclusion becomes. A pairwise comparison of countries with initially similar AROPE values showed that in most cases (3 out of 5), the countries with higher levels of digitalization showed a more significant reduction in poverty and social exclusion. However, the probability of further positive changes in this area is higher for the countries with a lower level of digitalization.

scholarly journals The impact of globalization on the business position of European Union

2020 ◽  
Vol 74 ◽  
pp. 05022
Author(s):  
Zuzana Rosnerova ◽  
Dagmar Hraskova
Keyword(s):  
European Union ◽  
World Trade Organization ◽  
World Trade ◽  
Financial Flows ◽  
Eu Countries ◽  
Power Drive ◽  
The World ◽  
Export Shares ◽  
The Impact ◽  
The Eu

We are meeting with the term globalization for many years. The globalization process sets in motion goods, services, financial flows, information, through globalization come to the mobility of people, the workforce and globalization is also a power drive to move the whole world. This paper deals with the contribution of globalization to the EU market. The aim is to find out to what extent EU countries are involved in world trade. It also points to the position of the World Trade Organization, which is the only organization connecting the countries of the world, with the aim strengthening of world trade and ensuring its liberalization. We assume that the EU as the largest integration group in the world will play an important role in world trade and that EU countries will be among the top 10 world players. The document contains an analysis of the EU’s position in world trade. The methodology used is based on comparing the export shares of the top 10 world trade countries and assessing how the countries of the EU positioned on the scale in 2018. The discussion deals with assessing the findings and estimating the situation in the future.

scholarly journals POVERTY AS A HETEROGENEITY FACTOR IN EU COUNTRIES

2019 ◽  
pp. 403
Author(s):  
Vesna Janković-Milić ◽  
Vinko Lepojević ◽  
Jelena Stanković
Keyword(s):  
European Union ◽  
Cluster Analysis ◽  
Economic Policy ◽  
Social Exclusion ◽  
The European Union ◽  
Eu Countries ◽  
Policy Measures ◽  
The Subject ◽  
The Difference ◽  
The Eu

Measuring poverty is of utmost importance for any economy in order to look at the extent and causes of the vulnerability of the population, but also to formulate social and economic policy measures and measure their effects. The multidimensionality of poverty makes it difficult to quantify and measure it. The subject of research is the components of the AROPE (At risk of poverty and social exclusion) indicator in the countries of the European Union (EU). Using the cluster analysis, the EU countries were grouped into homogeneous units, after which the significance of the difference in the average values of the analyzed indicators was tested. Based on the obtained results, the hypothesis of pronounced heterogeneity of EU countries from the aspect of poverty was confirmed.

scholarly journals Dependencies between Variables from the Area of the Monetary and Fiscal Policy in the European Union Countries

2021 ◽  
Vol 24 (1) ◽  
pp. 7-25
Author(s):  
Joanna Stawska
Keyword(s):  
Fiscal Policy ◽  
Financial Crisis ◽  
Research Methods ◽  
Policy Coordination ◽  
Economic Conditions ◽  
Statistical Research ◽  
Eu Countries ◽  
Monetary And Fiscal Policy ◽  
The Impact ◽  
The Eu

Research background: The core of coordinating a monetary and fiscal policy (policy mix) is based on combining both policies to achieve goals related to price stability, as well as economic growth and employment. In turn, the decisions of economic authorities in the monetary-fiscal game have a significant impact on economic variables in the economy. In the economic literature, the importance of monetary and fiscal policy coordination is emphasized as it has a positive effect on the stability of the economy. Purpose of the article: The aim of the article is to identify the dependencies between variables in the scope of fiscal policy and monetary policy under existing economic conditions and then assess their impact on the economy in the EU countries. Methods: To achieve this objective, the following research methods were used: a review of the scientific literature, a presentation of statistical data, and statistical research methods. Findings & Value added: The rationale for adopting such issues is to examine the impact of the financial crisis on the decisions of central banks and governments in the EU. The financial crisis has affected a change in the approach to conducting monetary and fiscal policy. The changing economic conditions forced economic authorities to take many decisions that affected the interaction between the central bank and the governments in the EU Member States. In many EU countries in the discussed period, there were significant interdependencies between variables in both monetary and fiscal policy.

scholarly journals THE IMPACT OF FUNDING STRUCTURE ON EU BANKING SECTOR STABILITY

2020 ◽  
pp. 143-154
Author(s):  
Lech Kujawski ◽  
Monika Liszewska ◽  
Marta Penczar
Keyword(s):  
Financial Crisis ◽  
Business Model ◽  
Banking Sector ◽  
Global Financial Crisis ◽  
Eu Countries ◽  
Macroeconomic Indicators ◽  
Banking Business ◽  
The Global Financial Crisis ◽  
The Impact ◽  
The Eu

In our paper, we analyse the impact of funding structure on banking sector stability in EU countries. Our findings show that after the global financial crisis (GFC) there are four main funding models in the EU banking sectors. We document that funding structure is an important factor influencing the banking sector stability. We report that there are also some other banking business model characteristics as well as macroeconomic indicators which have impact on banking sector risk.

scholarly journals The Effect of the Financial Crisis on the Taxation of Consumption, Labour, and Capital in the European Union

2013 ◽  
Vol 16 (3) ◽  
pp. 29-47
Author(s):  
Anna Krajewska
Keyword(s):  
European Union ◽  
Financial Crisis ◽  
Tax Burden ◽  
The European Union ◽  
Effective Tax Rate ◽  
Current Crisis ◽  
Tax Rate ◽  
Eu Countries ◽  
The Impact ◽  
The Eu

The impact of the current financial crisis on changes in the taxation of consumption, labour, and capital in the European Union. The responses reflected in the tax policies pursued in the EU countries to the current crisis will be analysed in three ways: 1. Distribution of total tax burden by economic function, i.e. assessment of the share of taxes on consumption, labour, and capital in relation to GDP and total tax revenues. Therefore, the analysis will cover backward-looking ta Xburden indicators; 2. Analysis of trends in the implicit tax rate (ITR) on consumption, labour and capital. The ITR is an indicator which expresses the relation of tax burdens levied on different activities to total revenue from this activity. The ITR takes into account the legislation and the resulting tax burden(s) which may affect the behaviour of various entities and their decisions. This approach is described as forward-looking effective tax rate; 3. Trends in the EU countries are compared with the changes taking place in Poland. This includes an explanation of the specificity of the fiscal policy pursued in Poland. 4. For the purpose of this paper we used statistics prepared according to the methodology adopted by the European Commission, published in “Taxation trends in the European Union”, Eurostat 2012.  

scholarly journals Integration of the Financial Market EU after the Financial Crisis

2018 ◽  
Vol 27 (5) ◽  
pp. 67-78
Author(s):  
Anna Krawczyk-Sawicka
Keyword(s):  
Financial Crisis ◽  
Financial Markets ◽  
Financial Market ◽  
Financial System ◽  
Eu Countries ◽  
Eu Integration ◽  
The World ◽  
The Creation ◽  
The Moment ◽  
The Eu

The EU integration and the creation of the so-called European single financial market requires creation of institutional solutions corresponding to the integrated structure. At the moment, we are dealing with globalisation of financial markets, and thus with a growth in their integration. However, full integration of the financial system, or the lack thereof, will be only achieved when European states overcome the still lasting financial crisis and its effects in the form of recession in most EU countries. The purpose of this article is to present the situation concerning the integration of financial markets, as illustrated with the example of countries belonging to the EU, with emphasis on the situation on the Polish financial market after the deepest and the most severe financial crisis for the world economies, namely after 2008–2009 as compared with the period preceding the financial crisis.

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