INTERRELATIONSHIP S BETWEEN HEALTH, ENVIRONMENT QUALITY AND ECONOMIC ACTIVITY: WHAT CONSEQUENCES FOR ECONOMIC CONVERGENCE?

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Alassane Drabo

2010-03-01

Full Text Available This paper examines the link between health indicators, environmental variables and economic development, and th e consequences of this relationship on economic convergence for a large sample of rich and poor countries. While in economic literature income and environment are seen to have an inverted-U shaped relationship (Environment Kuznets Curve hypothesis, it is also well established that an improvement in environmental quality is positively related to health. Our study focuses on the implications of this relationship for economic convergence. In the early stage of economic development, the gain from income growth could be cancelled or mitigated by environmental degradation through populations' health (and other channels and create a vicious circle in economic activity unlike in developed countries. This in turn could slow down economic convergence. To empirically assess these issues, we proceeded to an econometric analysis through three equations: a growth equation, a health equation and an environment equation. We found that health is a channel through which environment impacts economic growth. When we take into account the effect of environment quality on economic growth, the speed of convergence tends to increase slightly. This shows that environmental quality could be considered as a constraint for economic convergence.

Presentation of Topic 1: Economic Convergence and Poverty ...

International Development Research Centre (IDRC) Digital Library (Canada)

4 nov. 2010 ... Please find below in PDF format all submitted presentations during the first session on Tuesday 8 December : Economic Convergence and Poverty ReductionNote de cadrage (Scope of study):1 - Economic Convergence and Poverty Reduction – M. Diery SECK, Director of CREPOLScientific ...

Trends in the internationalization of European higher education in a convergence perspective

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Dima Alina Mihaela

2016-07-01

Full Text Available The paper proposes several indicators for the degree of convergence in the internationalization of European higher education, based on previous research on the topic and on the availability of data in the large repositories, such as Eurostat. Starting from longitudinal data series built using the values of the selected indicators in 2015; we have grouped European higher education systems in clusters, based on their similarity, that is, potential for medium term convergence. These findings may serve as a guiding methodology for further, more detailed investigations on convergence and divergence of higher education systems in Europe. The main limitations arise from the availability of data, more specifically from the lack of in-depth data collection at the European level.

Slowly, we are Growing together – European Economic Policy and Statistics

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Aurel Schubert

2014-06-01

Full Text Available In the last 20 years statistical data has become vastly more important for economic policy in Europe. Where as economic statistics once played a role in relatively marginal areas of European policy, the establishment of the macroeconomic convergence criteria for joining Economic and Monetary Union in the Maastricht Treaty in 1992–1993 sparked a quantum leap. Questions of comparability and harmonisation suddenly be- came increasingly relevant. The Stability and Growth Pact then made the calculation of the budget deficit and government debt even more important, including the measurement of GDP as denominator for the respective ratios. With the outbreak of the second Greek crisis in 2009–10 and the flaws that emerged in the quality of Greek economic statistics, statistical questions were suddenly at the centre of international media and political interest. At the same time the financial and economic crisis brought to the fore severe economic imbalances, both between European countries and within European countries. In order to prevent similar imbalances in the future, the EU has developed and adopted the "macroeconomic imbalance procedure", in which currently eleven macroeconomic indicators are used for on-going surveillance of countries ("alert mechanism". Thus more economic statistics have gained an important political function, particularly since sanctions can even be imposed on the basis of them. In parallel with this, the new European Supervisory Authorities use "dashboards" i.e. a range of statistics that are regularly watched and are intended to function as early warning indicators. The paper takes a look at this move towards more "evidence-based policy making" and its implications for European statistics and statisticians and discus ses the related challenges, paying particular attention to the role of the European Central Bank and its specific data needs.

Income convergence in the process of the Western Balkan states’ accession to the European Union

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Nenad Stanisic

2016-04-01

Full Text Available One of the main expectations in European transition economies is that the processes of building the market economy and European integrations lead to a significant increase in the living standard, as well as to catching up with the level of the income per capita achieved in developed European economies. A quarter century after the beginning of transition, many of the former socialist countries joined the EU and significantly increased their GDP per capita. On the other hand, transition in the countries of the so-called Western Balkans has disappointed in this sense. The paper tests the existence and speed of income convergence in the Western Balkan states and developed EU countries, in comparison with the so-called „New Member States”. The results indicate that, despite the achieved income convergence in the pre-crisis years, the outbreak of the global economic crisis has revealed many structural and reform problems that the countries of the region have been facing for a long time. Catching up with developed EU members’ average GDP per capita stopped in the Western Balkan states after the beginning of the crisis, with a simultaneous increase in the income gap between the Western Balkan states and the new EU member states.

European Economics, Update. Another Ten Theses on the Economic Integration

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Liviu C. ANDREI

2010-10-01

Full Text Available These theses, in their enunciation and debate sound like:I. There are both “incipient” and “advanced” integration processes; II. Integration changes its outline; III. There is also the „second European economics”; IV. The Communitarz Agricultural Programme (CAP, as a “mettre à l’abîme” of the whole integration process; V. The national economies convergency reads the condition of the Union itself; VI. The EU budget might be a political stake; VII. The European Monetary System (EMS is a... paradox; VIII. The public economy might be a “thorn in the unique market’s eye”; IX, Is the economic integration predestined to an unachieved strategy example?! X. Beyond all skepticism, it would be better out of the (need of integration.All of these above try to describe the picture of a half century process, in Europe. Plus, this tries to explain why Europe is different from the rest of the world, not necessarily more or less developed or well to do, as for a usual pattern.

Employment Performance and Convergence in the European Countries and Regions

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Cristiano Perugini

2004-12-01

Full Text Available This paper analyzes the national and regional (NUTS-2 employment performance and convergence for various aggregations of 27 European countries (EU-25, plus Romania and Bulgaria, mainly using the three employment rates (total, female, older worker adopted by the European Employment Strategy (EES. At the national level, this analysis confirmed the existence of considerable differences in employment performance between and within the various country aggregations. Empirical analysis highlighted the remarkable net job creations in the EU-15 (and EMU-12 for the period 1997-2003, accompanied by a (national convergence for all three employment indicators. As regards total employment rates, significant converging trends also emerge at the regional level for both EU-15 and EMU-12 aggregations. In the eight Central European Countries, new EU members (8 CEC-NM, a  diverging trend in the total employment rate began in 1999, whereas converging dynamics were limited to the employment rate of older workers in the period 1998-2001. Regional analyses showed significant  diverging dynamics in the total employment rates (1999-2003 for the eight CEC-NM regions. At the national level of analyses, the relationship between “progress in transition” and employment performance was also briefly examined. Results show that a simple, stable correlation does not exist. However, a weak U-shaped relationship existing in 1998 shifted downward and evolved toward a positive link in 2003. The main results of cluster analysis of the 53 regions of the ten CECs confirmed a high level of regional labour market diversification, and the fact that sector structure affects employment performance significantly

Interest rate convergence in the EMS prior to European Monetary Union

DEFF Research Database (Denmark)

Frömmel, Michael; Kruse, Robinson

In this paper we analyze the convergence of interest rates in the European Monetary System (EMS) in a framework of changing persistence. This allows us to estimate the exact date of full convergence from the data. A change in persistence means that a time series switches from stationarity to non......-stationarity, or vice versa. It is often argued that due to the specific historical situation in the EMS the interest rate differential was non-stationary before the full convergence of interest rates was achieved and stationary afterwards. Our empirical results suggest that the convergence date has been very different...

CHALLENGES OF THE RECENT FINANCIAL CRISIS UPON THE EUROPEAN UNION ECONOMIC GOVERNANCE

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MIHUȚ IOANA-SORINA

2015-07-01

Full Text Available The process of economic governance constitute a property or a characteristic for a multitude of areas including markets, communities, societies, state, being considered a triggering factor at regional, national or supranational level. The European Union economic governance incorporates some key features, namely in this case the decisions are made as a result of an interconnected action between a complex network that implies different levels of governing. The purpose of this article is to investigate the obstacles that the process of EU economic governance had to overcome during the recent financial crisis and the measures that the responsible authorities adopted in order to improve the general efficiency of this system. The main conclusion of this article is that the recent financial crisis highlight the limits that the European Union economic governance had in implementing economic policies that assure a smooth path towards sustainable growth and convergence in the context of a continuous process of integration between the member states. The new model of economic governance concentrates upon a mechanism of monitoring and early reporting of any macroeconomic imbalances as well as an intensified monitoring activity within the budgetary field.

The Convergence of European Business Cycles 1980--2004

Science.gov (United States)

Ormerod, P.

2005-09-01

The degree of convergence of the business cycles of the economies of the European Union is a key policy issue. In particular, a substantial degree of convergence is needed if the European Central Bank is to be capable of setting a monetary policy which is appropriate to the stage of the cycle of the Euro zone economies. I consider the annual rates of real GDP growth on a quarterly basis in the main economies of the EU (France, Germany, Italy, UK, Spain, Belgium and the Netherlands) over the period 1980Q1--2004Q4. An important empirical question is the degree to which the correlations between these growth rates contain true information rather than noise. The technique of random matrix theory is able to answer this question, and has been applied successfully in the physics journals to financial markets data. I find that the correlations between the growth rates of most of the core EU economies contain substantial amounts of true information, and exhibit considerable stability over time. Even in the late 1970s and early 1980s, these economies moved together closely over the course of the business cycle. There was a slight loosening at the time of German re-unification, but the economies have moved back into close synchronisation. The same result holds when Spain is added to the group of core EU countries. However, the problems of the German economy which arose from the early 1990s onwards has led to Germany becoming increasingly less synchronised with the rest of the core EU. Further, the results obtained with a data set of the converged EU core plus the UK show no real convergence between the UK and this group of economies.

The Future of the European Union is Closely Related to a Stronger Economic Cooperation between Member States

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Andreea Drăgoi

2013-01-01

Full Text Available Since the onset of the crisis in the euro area, the EU has implemented a series of measures to respond to the major economic challenges and support the efforts to boost growth and create jobs in the Member States. In October 2012, EU leaders have decided that in order to overcome the challenges brought by the sovereign debt crisis is necessary to establish a closer economic cooperation between European countries. Our paper aims to analyze the main measures taken at European level to converge toward this goal, aiming to highlight the extent to which they are "successful steps" leading to the creation of banking, fiscal and economic union in Europe.

Does ICT Participate in Economic Convergence among Asian Countries: Evidence from Dynamic Panel Data Model

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Bilal MEHMOOD

2013-01-01

Full Text Available Conventional Convergence models usually oversee the role of information and communications technology (ICT as a determinant of convergence. This paper introduces ICT as a factor contributing towards economic convergence in Asian countries. In addition to ICT, other factors like demographic traits, level of human development and electricity consumption are used as regressors. System GMM technique is used to estimate convergence regression for se-lected Asian countries for data of time span 2001-2010. Support for ICT-augmented conver-gence is found, implying that ICT has the tendency to participate in convergence process. Suitable demographic features, human development and electricity consumption are also found to contribute to economic convergence in the sample countries of Asia. Findings of this paper indicate the need to complement the favorable demographic endowments in Asian economies with economically productive usage of ICT to proceed towards economic convergence in Asian Region.

Real Convergence, Steps from Adherence to Integration

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Mihail Busu

2016-05-01

Full Text Available The macroeconomic model Solow-Swan shows that the marginal rates of capital, technology and labor force, with positive values, have the capacity to stimulate the economic growth of the emergent economies, as in the case of Romania, for the 2005-2014 period, facilitating the determination of specific correlations between macroeconomic indicators to analyze the convergence towards the average European Union (EU. The economic theory, highlighted in particular by the Solow-Swan model, was applied in the current paper, to determine the potential of real convergence. Moreover, the statistics for the period 2005-2014 facilitated the analysis of the growth and recession factors specific to economies of Central and Eastern Europe and placed Romania amongst the EU countries with emergent economies and potential of economic growth. The European Commission’s reports regarding the macroeconomic imbalance procedure draw attention on the same indicators presented in the article to address proper recommendations and support corrective measures. Making a step from nominal to real convergence, the latter derives naturally from the need to recoup the gaps in comparison with developed economies amongst countries of the Euro Area.

European „C” quest: community, competitiveness, convergence, cohesion. what should the “eu new comer romanians” aim for?

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Jora Octavian-Dragomir

2008-04-01

Full Text Available The analyses carried out both at the centre (Brussels and at the destination (member states (abuse of the principle that in public expenditure terms “spent money means well-spent money” and consider that absorption capacity equals economic performance (equated quite disputably with disparity reduction. The aggregate Keynesian perspective provides the main argument in favour of this interpretation: EU funds lead to GDP growth (economic growth. This vision overlooks the crucial importance of resource allocation micro-processes, private property and business activity. Therewith, the process of making European funds profitable and, consequently, the EU convergence feasible depends on the extent to which the absorption environment is structurally reformed. The “cohesion paradox,” which can be formulated like “least underdeveloped regions have relatively higher chances to attract European funds, while disparities compared to relatively less developed regions might even intensify”, can be broken only through multi-dimensional reform, immaterial to whether we speak about Romania, or Ireland, or Portugal, or Spain, or Greece.

Integration Policies of European Cities in Comparative Perspective: Structural Convergence and Substantial Differentiation

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Rinus Penninx

2016-08-01

Full Text Available This article aims to review the comparative study of integration policies of European cities. The first two sections present an analytical framework for the study of immigrants’ integration processes and the policies that intend to steer such processes. The third section outlines how local integration policies have developed in relation to national policies and EU integration policies, particularly after 2003. The fourth and main section analyses the framing and content of integration policies of European cities, looking at their diversity in the legal/political dimension, the socio-economic dimension – including the domains of work, housing, education and health – and the cultural, religious and ethnic dimension. It is concluded that there is a structural convergence, in the sense that in the complex structure of multilevel governance of migration and integration, cities do take a similar position, developing horizontal relations of cooperation and exchange. Cities that develop explicit integration policies tend to do this from a more inclusive and pragmatic framing than national and EU-policies. At the same time, there is great variation in what cities actually do: in the legal/political and in the cultural/religious dimensions, framing, intentions and measures do vary greatly; in the socio-economic dimension this variation is less when it comes to the domains of activity, but more in the intensity of policy intervention.

Evaluating β-convergence of the Socio-Economic Development of Ukraine’s Regions

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Kyzym Mykola O.

2016-08-01

Full Text Available The article is devoted to evaluating β-convergence of the socio-economic development of Ukraine’s regions. The essence and theoretical basis of evaluation of σ- and β-convergence is studied. The neoclassical theory of growth of R. Solow that serves as a basis for models of β-convergence is considered. The essence and features of evaluation of the absolute (unconditional and conditional β-convergence is examined. The existing empirical researches of the economic development of countries and their regions with the use of convergence models are analyzed and it is found that: the theory of convergent-divergent development of countries and their regions is sufficiently developed; there are certain studies aimed at evaluation and analysis of the convergence of regional development in Ukraine, but there is no comprehensive study that comprises the building of all the above types of β-convergence models for the period covering the years before and after the crisis of 2008–2009. A scheme of the investigation of the convergence process in regions of Ukraine is proposed, and on this basis the evaluation of β-convergence for Ukraine’s regions is conducted with the use of four types of models: the Barro and Sala-i-Martin model, the Baumol model, the Solow-Swan model, the Cuadrado-Roura model. On the basis of the study it has been found that for the peripheral regions the presence of convergence of their social and economic development is determined by the share of services in the gross regional product to a greater extent and availability of mineral resources to a less extent, but the given result is obtained only with the use of the Barro Sala-i-Martin model, for the other models the condition of β-convergence is not met.

Convergence of the European law on public notaries

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Salma Jožef

2012-01-01

Full Text Available In this paper the author analyzes the functions of public notaries, the evolution of the institution in Europe and its legal features in contemporary European law. The basic normative solutions of the German, Austrian, French, Italian, Hungarian, Slovakian, Slovenian and Croatian law are outlined. The importance of the European law on notaries public is also stressed, which aims to further the cooperation between national chambers on notaries public on European scale, in order to facilitate the cross-border transactions within the territory of the European Union. The gist of the converging common European rules pertaining to notaries public are the principle of independence of notaries and the principle of legality, which means that the notaries are in the performance of their duties bound only by the norms of civil substantive and procedure law. Notaries public perform also a function of public service, since they provide assistance to citizens in drafting their public instruments and private deeds (juridical acts and statements, that produce the required evidentiary strength. Depending on whether a given requirement of form of juridical act can be met only by the assistance of notaries public or by other public bodies, one may distinguish exclusively notarial acts from competing forms of juridical acts.

An Application of Convergence Theory to Japan's Post-WWII Economic "Miracle."

Science.gov (United States)

Valdes, Benigno

2003-01-01

Provides an explanation of the post-World War II economic phenomenon of Japan as a process of economic convergence within the framework of the neoclassical Solo-Swan model of economic growth. States that this interpretation helps students understand economic growth and development and Japan's modern economic history. (JEH)

Professor Gerschenkron goes to Brussels. Russian Catch-up Economics and the Common European Space

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Stefan Hedlund

2006-06-01

Full Text Available Ongoing discussions between Russia and the EU on the formation of a Common European Economic Space bring back to mind Alexander Gerschenkron's classic essay on economic backwardness in historical perspective. This paper argues that the institutions that once produced a specific kind of catch-up economics in Czarist Russia still remain largely the same. Unless negotiations between Moscow and Brussels take into consideration such fundamental institutional incompatibility, attempts at harmonization, expressed by Brussels as an attempt tp spread Western values, will be doomed to fail. A cynical conlusion views potential convergence as adaptation by Brussels to traditional Russian institutional patterns of rule evasion, rather than a Westernization of Russia

ECONOMIC CRISIS AND ECONOMIC DISPARITIES IN EUROPEAN UNION

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Rodica CRUDU

2015-09-01

Full Text Available The impact of the economic and financial crisis is still being felt. It started as an acute crisis of the banking system, but then quickly affected the real economy, causing a substantial slump in business investment, household demand and output. The current economic crisis has affected almost all European countries but the countries of the European south and the former eastern socialist republics have suffered the most. The objective in this paper is to quantify economic disparities as expressed by several growth indicators, such as GDP per capita, employment/unemployment rates, labour productivity rates and use them to compare the economic performances before and after the crisis. EU took several measures to recover from the economic crisis. Nevertheless, its ability to adjust to widely diverse national and local contexts that have been impacted differently by the effects of the crisis, and to support the different patterns of economic growth that will result from it, is yet to be seen.

European Economic Integration

Science.gov (United States)

Huston, James A.

1971-01-01

Recounts the history and problems of European Economic Integration from the first post World War II organization, the OEEC, to the EEC (Common Market) and the EFTA. Suggestions for further reading are included. (JB)

Labour Productivity Convergence in 52 Industries: A Panel Data Analysis of Some European Countries

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Tahir Mahmood

2012-01-01

Full Text Available Beta convergence and the speed of convergence of labour productivity for 52 industries are studied with a panel of data including 13 European countries. We use fixed effect approach to model the heterogeneity across countries. In primary sector and in service sector, the existence of -convergence is found for all industries. In manufacturing sector, convergence is found for all industries except for electronic and computing equipment industries. In general the speed of convergence estimates show slow adjustment. Speed is highest in the capital intensive industries. In primary production the convergence is slowest in agriculture and fastest in fishing industry. In manufacturing sector the convergence is slowest in food, drink and tobacco, and it is fastest in oil refining and nuclear fuel manufacturing industries. By augmenting the productivity models with labour utilization variable speeds up the convergence. Labour utilization is positively related to productivity growth in primary production industries, ICT producing manufacturing industries, and ICT producing services industries.

CONVERGENCE BETWEEN A NEW EU ECONOMIC DIPLOMACY AND INTERNATIONAL BUSINESS STRATEGIES

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Nicoleta VASILCOVSCHI

2016-12-01

Full Text Available Economic diplomacy is known as a symbol of the European Union and represents its primary function. With the development of science and new ways of communication, the European Union can organize a new approach for its economic diplomacy. The main advantage of the European Union as a soft power is that its economic and diplomatic interests are represented in a manner that is based not on confrontation but economic collaboration with other states. The disadvantage is that this domain is presently not used enough to represent EU interests. This paper describes economic diplomacy in general and the economic diplomacy of the EU in particular. Divided into three parts, the goal of this study is to outline the importance of economic diplomacy, its evolution, the influence of this domain on the creation of previous economic treaties, and its possible future impact on the development of new agreements between the European Union and its neighbor countries.The main methodology used is descriptive, presenting the evolution of this field and the new business strategies that can be used to improve cooperation at the eastern border of the European Union. Therefore here are presented the historical background of EU Economic diplomacy, its present issues, and future challenges. The quantitative data used in this research paper are based on information from the EU website and on the actual events concerning debates about economic diplomacy and its future. The research questions presented herein follow the general evolution of this domain and its mutual influence with EU’s businesses strategies.

Development of the Visegrad Group in the Context of Efforts to Accelerate the Convergence Processes by Joining the European Union

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Hudec Martin

2016-06-01

Full Text Available The European integration efforts have been underway on the European continent for several centuries. Therefore, it is important for a better clarity and transparency of selected processes to understand the term European integration, meaning the integration endeavour into the European Union, which in the case of the Visegrad countries took a notable place since the early nineties of the 20th century. This research paper focuses on analysis and comparison of selected development processes in Czech Republic, Slovakia, Poland, and Hungary since the fall of the communist regime in 1989, resulting into the Visegrad Group formation, until joining the European Union in 2004. This research is based on the hypothesis that during this period, the V4 countries had a similar initial economic situation, converging together towards developed structures and corresponding mainly to questions such as what they were their starting situation and how have those countries developed further. It will be further addressed what was the cause of this development and how it continued, showing which countries have led the way, and what factors did influence them the most.

An Assessment of Economic Stability under the New European Economic Governance

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Gheorghe HURDUZEU

2015-06-01

Full Text Available The economic crisis, followed by the sovereign debt crisis, resulted in high unemployment, unsustainable public finances and deepening disparities between Euro Area member states, and underlined the necessity of strengthening economic coordination. In order to lessen the effects of the crises, to prevent further deepening of the economic context and the appearance of new similar situations, the European framework was improved by the provisions of the new economic governance. The aim of this paper is to assess the effects regarding macroeconomic stability within Euro Area member states, achieved under the new economic governance framework. In this respect, the first part of the paper consists in an overview of the provisions imposed through the European Semester, the reformed Stability and Growth Pact and the other elements of the new European governance. In order to assess the achievement of economic stability we analyzed data for Southern Euro Area member states, during 2009-2013, as this group of countries registered most issues during 2013. We took into consideration five important indicators, essential in any economy that form the macroeconomic stability pentagon: economic growth rate, unemployment rate, inflation rate, budgetary balance and current account balance. By comparing the area obtained through the macroeconomic stability pentagon, we conclude on meeting one of the main objectives of the new European governance: economic stability.

The Higher Essence of Economic Convergence Regarding Monetary Impacts

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Hudec Martin

2017-06-01

Full Text Available The increasing pace of achieving socio-economic growth and convergence into developed structures represents the main desire of most countries. Moreover, membership in monetary unions has quite a significant impact on the economies of participating countries, since integration processes have become undoubtedly the undisputed accelerator of convergence and integration catalyst, reflecting on the development of the world economy. The growing intensity of world trade, the ever-deepening division of labor and specialization, international movement of capital and labor mobility as wells as investments into education, research and development, innovations are among the factors that lead to the creation of increasingly closer ties between economies, deepening their mutual dependence, further reflected in knowledge-based societies. Thus, the close ties between national economies themselves represent a further incentive for more intensive cooperation through the different stages of economic integration. International economic integration is an objective to promote a gradual process of linking and connecting existing economic units, i.e. national economies to the greater interconnected units in the global economy. The aim of our research paper, by using the methods of analysis and comparison, is to closely present the issue of monetary integration, focusing on the impact of monetary integration on countries’ economy, resulting in the issue of benefits and costs of the countries’ entry into the monetary union, associated with initial economic shocks.

Socio-Economic Convergence as a Necessary Precondition and Determinant of Societal Growth

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Hudec Martin

2016-12-01

Full Text Available The issue of socio-economic convergence is nowadays more than ever an extremely dominant topic, especially in the case of less developed countries and countries suffering stagnation, mainly due to the integration processes occurring worldwide and the determinant to achieve long-term growth in an effort to advance towards the socioeconomic sustainable level of developed economies. A key assumption towards convergence is that economies with initially lower socio-economic levels will at some point reach (in an idea case or get very close the level of developed economies, gradually reducing the gap between the capital stock and the level of product size between countries, while the lower economic level the country has, the higher the growth rate it will go through the transition period. This suggests that the economies with lower levels of performance will grow on average at a higher rate than economies that are more efficient. It is therefore expected that the growth performance of a country will with its improvement also at some point slow down and quite realistically there can also occur a situation where the levels of development and growth of individual states economies will rather show delay. This is basically an opposite action to the concept of convergence, which is known as the divergence. The aim of our research paper is to analyze closely the concept of convergence, while pointing it is specifically characteristics and overall focusing on the significance of the issue of convergence.

INNOVATION VERSUS INCOME CONVERGENCE IN CENTRAL AND EASTERN EUROPE. IS THERE A CORRELATION?

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Pop Silaghi Monica

2011-07-01

Full Text Available The heterogeneity of response of the different economies facing the world economic crisis has brought into attention once again the issue of convergence inside the European Union. The high growth rates experienced by CEEC during the last decade created an optimistic view of rapid convergence towards Western Europe. But the crisis showed that the sources of economic growth in the region were not appropriate for a long run growth. Innovation is a key source of competitiveness and a contributor to a sustainable growth path. Even though CEEC lag behind other European countries in terms of R'D investment, a certain progress can be observed. The objective of the present paper is to establish if there is a correlation between the convergence in terms of GDP and the convergence in terms of innovation for the CEEC. Based on yearly Eurostat data for the period 1998-2008, we quantify the progress of each of the 10 CEEC both in closing the income gap and the innovation gap. We then rank the countries according to their speed of convergence and perform a Spearman rank correlation analysis. The results show that, on average, convergence in R'D is not correlated with convergence in GDP. The Czech Republic is the only country with a positive correlation between R'D intensity and GDP growth. Bulgaria, Hungary and Slovakia show a negative relationship between investment in R'D and economic growth. This implies that for most of the countries in Central and Eastern Europe, economic growth during the period 1998-2008 was mostly driven by non-innovation factors.

The European economic community and economic assosiation

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S. Meijer

1959-03-01

Full Text Available I am grateful to the Afrika-Seminaar of the Potchefstroom University for inviting me to give a talk on the European Economic Community and the Association of the Overseas Countries and Territories.

Milestones of European Integration: Which matters most for Export Openness?

DEFF Research Database (Denmark)

Hiller, Sanne; Kruse, Robinson

and the Netherlands are the Euro introduction, the Maastricht Treaty, the Exchange Rate Mechanism I and the merge of EFTA and EEC to the European Economic Area, respectively. Our empirical results have important implications for inner-European economic development, as export openness feeds back into growth......, unemployment and income convergence....

Economic impact of the European Funds in Extremadura during the period 2007-2013

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Julián Ramajo Hernández

2014-10-01

Full Text Available Although the evaluation of European Union regional policy is necessary to improve the effectiveness of the operational programmes, it is not usual to find studies comparing the efficiency of two programming periods for the case of a particular region. This could be explained by the fact that, at regional level, the study of the efficiency of the European funds during two different programming periods faces many different problems; for example, it entails the consideration of both adequate and homogeneous data, and similar methodology. The goal of this paper is twofold. The first goal is to estimate the economic impact of the European Union structural and cohesion funds received by Extremadura, a Spanish convergence objective NUTS II region, during the programming period 2007-2013. To this end, it is provided a multipliers analysis based on a Social Accounting Matrix (SAM of Extremadura for the year 2000. Secondly, the paper will compare the returns obtained in terms of output and employment by the European funds received in Extremadura during the periods 2000-2006 and 2007-2013. Our results allow quantifying the effects of the EU regional policy, showing and comparing the efficiency for these two programming periods.

An economic analysis of the European commission’s proposal for a European account

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Nicolas Kyriakides

2013-12-01

Full Text Available This paper performs an economic analysis of the European Commission’s proposal for a European-wide preservation order. Bentham’s utilitarianism theory suggests that legislators must take into mind the pleasures and pains associated with any legislation and to form laws in order to create the greatest good for the greatest number. These ideas are reflected in the modern economic theories of welfare economics. But are these principles sufficient to create effective legal rules and achieve justice? Section 2 of this work analyzes the difficulties in obtaining a provisional measure to preserve another party’s assets in another Member State of the European Union (“EU”. Section 3 sets out the Commission’s proposal for a European Account Preservation Order (“EAPO”. Section 4 applies welfare economics principles in order to identify the effect of legal rules related to this proposal, while it proposes an alternative approach to these principles. Lastly, section 4 makes suggestions on the proposal based on this alternative approach.

The convergence of European business cycles 1978-2000

Science.gov (United States)

Ormerod, Paul; Mounfield, Craig

2002-05-01

The degree of convergence of the business cycles of the economies of the European Union (EU) is a key policy issue. In particular, a substantial degree of convergence is needed if the European Central Bank is to be capable of setting a monetary policy which is appropriate to the stage of the cycle of the Euro zone economies. We consider the annual rates of real GDP growth on a quarterly basis in the large core economies of the EU (France, Germany and Italy, plus The Netherlands) over the period 1978Q1-2000Q3. An important empirical question is the degree to which the correlations between these growth rates contain true information rather than noise. The technique of random matrix theory is able to answer this question, and has been recently applied successfully in the physics journals to financial markets data. We find that the correlations between the growth rates of the core EU economies contain substantial amounts of true information, and exhibit considerable stability over time. Even in the late 1970s and early 1980s, these economies moved together closely over the course of the business cycle. There was a slight loosening at the time of German re-unification, but the economies are now, if anything, even more closely correlated. As a benchmark for comparison, we add a series to the EU core data set which by construction is uncorrelated with these business cycles. We then analyse the EU core plus Spain, a country which has attached great importance to greater integration with Europe. In the early part of the period examined, the results are very similar to those obtained with the data set of the EU core plus the random series. However, there is a clear trend in the results, which provide strong evidence to support the view that the Spanish economy has now become closely converged with the core EU economies in terms of its movements over the business cycle. In contrast, the results obtained with a data set of the EU core plus the UK show no such trend. In the

EUROPEAN SOCIAL MODEL.COMPETITIVE ADVANTAGE OR ECONOMIC HANDICAP

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Iovitu Mariana

2010-07-01

Full Text Available “Corporative social responsibility” (CSR represents equally a very actual debate, but also an appraisal criteria of the dynamic of eco-social integration quality process at European level. Especially that the protection need is demanded by the current economic crisis. This concept is meant to combine the position, attitude and behaviour of the trade-unions with the interests of employer’s organisations in search of possible influential mechanisms of the competitive advantage at European level. Due to the current economic crisis, the implications on the labour force market are causing an explainable anxiety. The attention of the decision takers is oriented towards joining the objectives “social well being with economic well being” in view of an expected economic come back. This approach proves a significant change at the level of economic and social policies within the European Union.

The EU's Convergence Dilemma

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Notermans Ton

2015-02-01

Full Text Available As economic stagnation continues to mark the EU in the fifth year of the euro zone crisis, political support for integration is waning. The European Parliament elections of 2014 returned a hitherto unparalleled number of Eurosceptic MEPs, with EU-critical parties becoming the largest ones in several Member States. Much of this Euroscepticism is driven by economic polarisation between core and peripheral countries. While an increasing number of voters in the northwestern creditor countries resent having to foot the bill for what they consider economic mismanagement in the periphery, voters in peripheral countries increasingly rebel against what they deem to be an economically catastrophic Diktat from Germany and its allies. Continued political support for European integration will hinge on successful income convergence in the EU but the current dilemma is that such policies might not be politically feasible. Periods of rapid convergence would seem to suggest that success depends on two main policy strategies. First, a monetary policy that promotes credit for productive purposes, leaves inflation control to other instruments, and employs selective credit rationing to prevent asset booms. Second, a vertical industrial policy prioritising selected industrial sectors. The first policy conflicts with the present framework of euro zone monetary policy, but that framework was only installed in the first place because many peripheral countries were desperately in search of an external constraint on domestic distributional conflict. Industrial policies, in turn, require a sufficient degree of state autonomy from business elites in order to be effective, but it is highly questionable whether most states in the EU possess such autonomy. Though there are, as yet hesitant, signs of a reorientation of both monetary and cohesion policy in the EU, the question of the institutional and political preconditions for their successful implementation has been largely

Sustainable development outlooks of the Estonian energy sector for convergence with the European Union countries

International Nuclear Information System (INIS)

Laur, Anton; Tenno, Koidu; Soosaar, Sulev

2002-01-01

The article presents an overview of a research conducted in the Estonian Inst. of Economics and the Estonian Energy Research Inst. with the objectives to: analyse the dynamics of the main Estonian energy use indicators over the last 8-10 years with the background of general macroeconomics developments; compare these indicators with the respective energy indicators in the European Union Member States and Candidate Countries; evaluate Estonia's potential to catch up by the energy use efficiency (GDP energy intensity) of the average level of EU countries, modelling our possible development scenarios of GDP and TPES. The research results indicates several positive development tendencies (e.g. reduction of TPES and CO 2 emissions with the background of economic growth) in the Estonian energy sector, as well as convergence with the EU countries in terms of GDP energy intensity. Unfortunately, the model analysis results demonstrate that it takes a lot of time for Estonia to reach the current EU level - even under the most favourable GDP and TPES development conditions, 25-30 years. The primary reason is the very low level of our GDP per capita compared to the EU countries. (author)

TESTING NONLINEAR INFLATION CONVERGENCE FOR THE CENTRAL AFRICAN ECONOMIC AND MONETARY COMMUNITY

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Emmanuel Anoruo

2014-01-01

Full Text Available This paper uses nonlinear unit root testing procedures to examine the issue of inflation convergence for the Central African Economic and Monetary Community (CEMAC member states including Cameron, Central African Republic, Chad, Equatorial Guinea, Gabon and the Republic of Congo. The results from nonlinear STAR unit root tests suggest that inflation differentials for the sample countries are nonlinear and mean reverting processes. These results provide evidence of inflation convergence among countries within CEMAC. The finding of inflation convergence indicates the feasibility of a common monetary policy and/or inflation targeting regime within CEMAC.

The Balkans: Between Economic Crisis And European Integration

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Andrei RĂDULESCU

2012-06-01

Full Text Available The Balkans region (also known as the „Powder keg of Europe” has always been an European question, a Western question, as underlined by Arnold Toynbee, in 1922. At present, European Union is confronted with the fifth enlargement, also known as the “post-conflict” enlargement – the integration of Balkan states. Bulgaria joined European Union in 2007. Croatia signed the Accession Treaty in 2011 and is expected to become an EU member in 2013. The other countries encounter in different stages of European integration. However, this process presents several challenges and dilemmas, either for European Union, or for the Balkan enclave. The main challenge in the case of this enlargement is to reconcile the nation-state building and the European integration. From the economic point of view, the Balkans region is underdeveloped. Several factors determined this stance of the region: the poor endowment in terms of natural resources, the political situation over the centuries (the military conflicts – impeding the economic development, the cultural factors. At present, the region is confronted with the consequences of the worst economic and financial crisis o global economy since the end of World War II.

Social Progress in Romania and other Central and Eastern European Non- Eurozone States

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VIRGINIA CÂMPEANU

2016-06-01

Full Text Available Our research paper refers to the social progress achieved in the last 10 years by Romania, Bulgaria, Czech Republic, Croatia, Poland and Hungary as non- Eurozone members (CEE-6, compared to the minimum and maximum levels in the EU-28, depending on their economic development levels. This analysis isa part of the larger-scale study regarding the readinessassessment of Romania and other five Central and Eastern European countries (CEE-6 for accession to the Eurozone in terms of the real convergence. We extended the analysis of the real economic convergence to the sphere of social convergence. The purpose of the extended analysis is to compare the living standards in Romania, CEE-6 and other European Union member states (EU-28 and to draw conclusions on the social convergence as a complement to real economic convergence. Using a new analytical tool, the global composite index “Social Progress Index” at different levels of disaggregation, this article reveals the social gaps between CEE-6 and the EU and identifies strengths, and weaknesses for these countries to achieve social progress on the road to real economic and social convergence with the EU.The aim is to provide to the national decision-makers some milestones to remove weaknesses and to turn threats into opportunities in the future social and economic policies.

Cultural and gender convergence in adolescent drunkenness: evidence from 23 European and North American countries.

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Kuntsche, Emmanuel; Kuntsche, Sandra; Knibbe, Ronald; Simons-Morton, Bruce; Farhat, Tilda; Hublet, Anne; Bendtsen, Pernille; Godeau, Emmanuelle; Demetrovics, Zsolt

2011-02-01

To investigate time-trend changes in the frequency of drunkenness among European and North American adolescents. Cross-sectional surveys in the 1997/1998 and 2005/2006 Health Behaviour in School-Aged Children Study (HBSC). High schools in 23 countries. A sample of 77 586 adolescents aged 15 years was analyzed by means of hierarchical linear modeling. The frequency of drunkenness. We observed a significant increase of about 40% in the mean frequency of drunkenness in all 7 participating Eastern European countries. This increase was evident among both genders, but most consistently among girls. Meanwhile, it declined in 13 of 16 Western countries, about 25% on average. Declines in Western countries were particularly notable among boys and in North America, Scandinavia, the United Kingdom, and Ireland. Despite this gender convergence, with few exceptions (Greenland, Norway, United Kingdom) boys continued to have a higher frequency of drunkenness in 2005/2006 than girls. The confirmed cultural convergence implies that adoption and implementation of evidence-based measures to mitigate the frequency of adolescent drunkenness such as tax increases and restricting alcohol access and advertisement should get the same priority in Eastern European countries as in Western countries. Policy measures that might facilitate decreases in drunkenness such as server training and the promotion of alcohol-free leisure-time activities should be reinforced in Western countries. The gender convergence implies that prevention policy should be less exclusively focused on male adolescents.

Investment and Employment - Drivers of European Economic Development

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Cristina BURGHELEA

2017-04-01

Full Text Available The economic literature and related specialty practice, the development of the European Economic Community along with the factors determining them (such investments and staff represents a topic that is of great notoriety. This paper shows the role and influence that direct investment in the economy and employment ratio can propagate in the growth of gross domestic product per capita to ensure increased economic sustainability of countries in the European Community. The most important economic effects of FDI on the host economy can be represented by labor productivity growth through knowledge transfer (know-how technology, management skills and marketing term in countries emerging favor progress technological and economic growth. To determine this goal, in the context of economic logic, this research shows the importance of gross domestic product, total and per capita, as a macroeconomic indicator synthetic, and encouraging and using the action of factors that can also provide political steps, organizational and financial, achieving levels attesting social progress and prosperity. The study highlights a Custom Analysis on gross domestic product per capita, direct investment and the proportion of people employed in total for 24 European Union countries in 2014 and also develop an econometric model multifactorial based on system statistics. Research shows utility in making decisions about investment growth in the European Community by attracting a workforce that is in full compliance with state investment policies and by providing a high living standard.

Is the Region of Visegrad Countries on the Track to the Euro Area? Recent Evidence from the Real Convergence Perspective

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Daniel Stavárek

2014-09-01

Full Text Available After enlargement of the European Union and subsequently joining of a new member states to the euro area, the question of economic convergence attracted considerable research interest. This paper adopts three alternative concepts to examine the level and trend of convergence in the Visegrad countries (Czech Republic, Hungary, Poland, Slovakia. We concurrently estimate the β-convergence, σ-convergence and business cycle synchronization to find out whether all countries are on the way towards higher convergence with the euro area. The results suggest that convergence of all countries has been increasing. However, the recent acceleration of the convergence process is caused mainly by external shocks in the form of the financial crisis and following economic slowdowns. Hence, the current level of convergence in the Visegrad countries cannot be considered as fully adequate.

Processy konvergencii i divergencii v regionah Evropejskogo sojuza: osobennosti i kvalimetrija [Processes of convergence and divergence in the re-gions of the European Union: features and qualimetry

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Voronov Viktor

2013-01-01

Full Text Available A higher level of unity and cohesion across the European Union member states is an important aspect of European integration though it has a rather ambiguous nature. The Law on the Common Market, which aims to increase the economic efficiency of the EU, became a subject of extensive discussions among researchers suggesting that its viability at the political and socio-economic levels depends on a fair distribution of gains among the countries and regions of the Community. These discussions resulted in a considerable increase in funding allocated for the development of the EU regions from the EU Structural Funds and the Cohesion Fund aiming to reduce regional disparities. The present analysis and the assessment of convergence processes (GDP per capita at purchasing power parity in the EU regions of NUTS-1, -2, -3 levels in 1995 -2009/2010 help demonstrate the efficiency of these efforts.

Processes of convergence and divergence in the policy formulation of policing strategies for European metropolises

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Devroe, E.; Edwards, A.M.; Ponsaers, P.

2017-01-01

This edited collection forms part of a broader, ongoing, research project, ‘The Policing European Metropolises Project’ (‘PEMP’). The Project has its origins in a network of researchers interested in the significance of sub-national policing for understanding processes of convergence and divergence

FIGHTING ECONOMIC CRIME IN THE EUROPEAN ARENA

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Anghel Cristian

2010-12-01

Full Text Available The present paper tries to put together a modest study on the actions taken at EU level in order to fight economic crime. A series of measures have been implemented at national and European level to create a framework for fighting criminality. The European institutions and the national authorities are improving their cooperation in order to fight the increasing number of economic crimes committed both in the private and public sector, while Member States are approximating their legislation to the provisions of the Community acquis. We have divided these efforts into five categories corresponding to the five main areas of economic crime identified at EU level: fight against fraud, which affects the financial interests of the European Union and mainly comprises fraudulent practices in the use of EU funds and in taxation, fight against piracy and counterfeiting, public and private corruption, money laundering and organised crime. In order to combat the negative influence criminality exerts on the development of the economy and of the overall society, for each of the above mentioned areas legislative, institutional, technical and administrative measures have been adopted. We have presented these measures considering their efficiency in meeting the targets set out and the role played in their implementation by the European and national institutions.

Convergence of European spot market prices for natural gas. A Real-Time Analysis of market integration using the Kalman filter

International Nuclear Information System (INIS)

Siliverstovs, Boriss; Neumann, Anne

2005-01-01

This paper provides a textbook example of an econometric analysis of the integration between two commodity markets and the subsequent price convergence or absence thereof. We analyze price relations between spot markets for natural gas in Europe. The European market for natural gas is currently undergoing a liberalization process with the aim of creating a single, unified market. We use time-varying coefficient estimation models, applying the Kalman filter to test whether price convergence between different locations is really taking place. Our results reveal that the construction of a pipeline between the UK and Zeebrugge (Belgium) has lead to almost perfect price convergence between theses locations; on the other hand, liberalization on the European continent does not seem to be working so far. (Author)

Present-day African analogue of a pre-European Amazonian floodplain fishery shows convergence in cultural niche construction.

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McKey, Doyle B; Durécu, Mélisse; Pouilly, Marc; Béarez, Philippe; Ovando, Alex; Kalebe, Mashuta; Huchzermeyer, Carl F

2016-12-27

Erickson [Erickson CL (2000) Nature 408 (6809):190-193] interpreted features in seasonal floodplains in Bolivia's Beni savannas as vestiges of pre-European earthen fish weirs, postulating that they supported a productive, sustainable fishery that warranted cooperation in the construction and maintenance of perennial structures. His inferences were bold, because no close ethnographic analogues were known. A similar present-day Zambian fishery, documented here, appears strikingly convergent. The Zambian fishery supports Erickson's key inferences about the pre-European fishery: It allows sustained high harvest levels; weir construction and operation require cooperation; and weirs are inherited across generations. However, our comparison suggests that the pre-European system may not have entailed intensive management, as Erickson postulated. The Zambian fishery's sustainability is based on exploiting an assemblage dominated by species with life histories combining high fecundity, multiple reproductive cycles, and seasonal use of floodplains. As water rises, adults migrate from permanent watercourses into floodplains, through gaps in weirs, to feed and spawn. Juveniles grow and then migrate back to dry-season refuges as water falls. At that moment fishermen set traps in the gaps, harvesting large numbers of fish, mostly juveniles. In nature, most juveniles die during the first dry season, so that their harvest just before migration has limited impact on future populations, facilitating sustainability and the adoption of a fishery based on inherited perennial structures. South American floodplain fishes with similar life histories were the likely targets of the pre-European fishery. Convergence in floodplain fish strategies in these two regions in turn drove convergence in cultural niche construction.

The Impact of European Economic Integration on Migration in the European Union

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Simionescu Mihaela

2018-05-01

Full Text Available The recent enlargement of the EU (since 2004 and the United Kingdom's decision to leave the European Union have prompted a growing research interest in the political and academic environment because of the causes and consequences of migration between the CEE countries and those in the Western Europe. In this study, the effects of European economic integration on the number of EU-15 immigrants from the newly integrated EU countries were assessed by econometric techniques. According to panel data models, in the period 2000-2015, the number of migrants from the new member states of the EU has increased, in average, with more than 2200 people only due to their EU membership. This result reflects the positive impact of European economic integration on the number of emigrants from the CEE countries that chose the EU-15 states as destination countries. Moreover, according to some ridge Bayesian regressions, during the period 2004-2015, the EU-15 immigrants coming from the EU-13 states did not negatively affect the economic growth of the EU-15 countries.

EMPIRICAL WEIGHTED MODELLING ON INTER-COUNTY INEQUALITIES EVOLUTION AND TO TEST ECONOMICAL CONVERGENCE IN ROMANIA

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Natalia\tMOROIANU‐DUMITRESCU

2015-06-01

Full Text Available During the last decades, the regional convergence process in Europe has attracted a considerable interest as a highly significant issue, especially after EU enlargement with the New Member States from Central and Eastern Europe. The most usual empirical approaches are using the β- and σ-convergence, originally developed by a series of neo-classical models. Up-to-date, the EU integration process was proven to be accompanied by an increase of the regional inequalities. In order to determine the existence of a similar increase of the inequalities between the administrative counties (NUTS3 included in the NUTS2 and NUTS1 regions of Romania, this paper provides an empirical modelling of economic convergence allowing to evaluate the level and evolution of the inter-regional inequalities over more than a decade period lasting from 1995 up to 2011. The paper presents the results of a large cross-sectional study of σ-convergence and weighted coefficient of variation, using GDP and population data obtained from the National Institute of Statistics of Romania. Both graphical representation including non-linear regression and the associated tables summarizing numerical values of the main statistical tests are demonstrating the impact of pre- accession policy on the economic development of all Romanian NUTS types. The clearly emphasised convergence in the middle time subinterval can be correlated with the pre-accession drastic changes on economic, political and social level, and with the opening of the Schengen borders for Romanian labor force in 2002.

Economic Cooperation Between The European Union And Japan

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Drzymała Agnieszka

2017-06-01

Full Text Available The aim of the paper is to show the history of economic relations between the European Union and Japan. This economy is very important to the EU and the countries of the EU are interested in further deepening areas of cooperation. Therefore it seems important to indicate the political will to continue mutual economic relations through the signing of contracts and bilateral agreements, as well as meetings at various levels, including SPA and EPA negotiations and summits. The course of the current economic cooperation will be shown through trade volume and foreign direct investment outflows from the European Union to Japan.

The Politics of the Economics of Education in the European Union

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Jones, Peter

2010-01-01

This article critically examines the work of the European Commission-sponsored network, the European Expert Network on Economics of Education (EENEE). The aim is to develop understanding of the context and significance of the mobilization of the economics of education research and policy paradigm within the European Union's Education and Training…

HARMONIZED EUROPE OR EUROPEAN HARMONY?

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Cosmin Marinescu

2007-07-01

Full Text Available Recent evolutions in Europe raise questions on the viability of the present economic and social model that defines the European construction project. In this paper, the author will try to explain the viability of institutional European model that sticks between free market mechanisms and protectionism. The main challenge for the EU is about the possibility to bring together the institutional convergence and the welfare for all Europeans. This is the result of the view, still dominant, of European politics elite, according to which institutional harmonization is the solution of a more dynamic and prosper Europe. But, economic realities convince us that, more and more, a harmonized, standardized Europe is not necessarily identical with a Europe of harmony and social cooperation. If „development through integration” seems to be harmonization through „institutional transplant”, how could then be the European model one sufficiently wide open to market, which creates the prosperity so long waited for by new member countries?

Innovation Geography and Regional Growth in European Union

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George M. Korres

2011-06-01

Full Text Available There is a huge literature regarding the main determinants and sources of economic growth. Most of the recent work emphasizes on the role of knowledge and innovation activities typically produced by a specific sector of the economy, and on analyzing the implications and the importance for economic growth. Moreover, the socioeconomic and public policies aim to distinguish the determining factors of growth to enhance the regional cohesion and the convergence process. Much of the recent work on regional growth can be viewed as refining the basic economic insights of economic geography. This article attempts to analyze the European systems of innovation and the effects of European technological policy to regional growth.

GLOBALIZATION AND ECONOMIC CRISIS IN EUROPEAN COUNTRIES

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Silvia Marginean

2011-01-01

Full Text Available The paper analyzes the relation between degree of economic globalization and the impact of economic crisis for developed and emerging European countries. We measure economic globalization through indexes based on share of external trade in GDP and FDI intensity (% of FDI inflows and outflows divided by GDP. The complexity of current economic and financial crisis could be evaluated through GDP growth rate, inflation rate, unemployment, public debt, budget deficit, balance of payments, exchange rate, etc. For the purpose of this paper we used GDP growth rate as a measure of economic crisis impact on national economies.

Europe of energy: convergencies - complexity

International Nuclear Information System (INIS)

Chevalier, J.M. and others

2001-01-01

This issue of 'Economies et Societes' journal comprises 16 articles dealing with the evolution of European energy markets: the security of European petroleum supplies (P.R. Bauquis); the security of European natural gas supplies (J.M. Dauger); an empirical analysis of the power prices convergence in the European union (J.A. Vega-Cervera, A. Jurado-Malaga); the integration of European power markets, from the juxtaposition of national market to the establishment of a regional market (D. Finon); the fusions-acquisitions in the energy sector and the globalization impact (C.A. Michalet); the reorganization of power economics and the share of right (M.A. Frison-Roche); the European industry facing the new economy (J.M. Chevalier); the confidence stake of the traditional power operators (Y. Benamour, A. Bonanni); status and prospects of gas prices in continental Europe (G. Bellec); the gas and power transport challenges and the access charges fixing (L. David, J. Percebois); the strategic challenges of underground storage in the new European gas context (B. Esnault); stranded costs and deregulation of power networks: some questions raised by the US experience (J. Bezzina); natural gas in Europe and the emergence of spot markets and trading hubs (G. Heyvaert); the competitiveness of the power exchange market of the Netherlands (F. Boisseleau); setting up and de-regulated trades in European markets (H. Geman); the Californian power market (P.L. Joskow). (J.S.)

Security Economics and European Policy

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Anderson, Ross; Böhme, Rainer; Clayton, Richard; Moor, Tyler

In September 2007, we were awarded a contract by the European Network and Information Security Agency (ENISA) to investigate failures in the market for secure electronic communications within the European Union, and come up with policy recommendations. In the process, we spoke to a large number of stakeholders, and held a consultative meeting in December 2007 in Brussels to present draft proposals, which established most had wide stakeholder support. The formal outcome of our work was a detailed report, “Security Economics and the Internal Market”, published by ENISA in March 2008. This paper presents a much abridged version: in it, we present the recommendations we made, along with a summary of our reasoning.

Economic crisis and convergence in the Eurozone countries

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Ferreiro Jesús

2017-01-01

Full Text Available Although a key condition for the creation of a monetary union is the existence of similar structural characteristics that reduce the existence and incidence of asymmetric shocks, in the case of the Eurozone, most, if not all, studies have emphasized the existence of sizeable divergences both in the macroeconomic performances and in the structural elements of the Eurozone countries. The objective of the paper is to analyse whether the economic and financial crisis that is affecting the Eurozone since the year 2008 has had any impact of the coherence of the Eurozone, that is, whether after 2008 the differences in the macroeconomic performance of the euro counties are declining (convergence or increasing (divergence.

Time-Spatial Convergence of Air Pollution and Regional Economic Growth in China

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Zhengning Pu

2017-07-01

Full Text Available The haze pollution caused by fine particulate matter (PM 2.5 emissions has become one of the most crucial topics of sustainable environmental governance in China. Using the average concentration of PM 2.5 in China’s key cities from 2000 to 2012, as measured by aerosol optical depth, this study tested the time-spatial convergence of fine particulate matter pollution in China. The results show that there is a trend of absolute convergence between timespan and China’s PM 2.5 emissions. At the same time, in the geographic areas divided by the east, middle and west zones, there is a significant difference in the convergence rate of PM 2.5. The growth rate of PM 2.5 in the middle and west zones is significantly higher than that of the east zone. The correlation test between regional economic growth and PM 2.5 emissions suggest a significant positive N-type Environmental Kuznets Curve (EKC after considering spatial lag and spatial error effect.

The Role of European Union Funds in Economic Development

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Cristian PĂUN

2015-09-01

Full Text Available The European Union project initially started as a peaceful solution for war reconstruction in Europe. European countries decided to cooperate rather than compete in an aggressive way. At the beginning, this project supposed (involved market liberalization, trade barriers removals, market access improvement (initially for coal, steel, energy and, later, for all goods, services, workforce and capital. Unfortunately, in the last decades, all these Single Market facilities have been backed by redistributive schemes, protectionist mechanisms, social engineering, subsidies and facilities packed in so-called ”EU policies”. New ”European” institutions have been created, more and more funds have been involved to financially support this very complex redistributive intervention. The political dimension of the European Union project enhanced the economic dimension and constantly suffocated private markets and the economy. The “incomes” of the European Union that fuel its financial support are coming from taxes and/or inflation (better administered after the introduction of a Single Currency – the Euro. This paper will discuss the relevance of European Funds for economic development, especially for new members in this project.

Economic Socialization, Saving and Assets in European Young Adults

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Webley, Paul; Nyhus, Ellen K.

2013-01-01

We analyze the role economic socialization plays in the economic behavior and asset accumulation of young adults by parents using data from European young adults and teenagers. We study the role of four distinct strands of economic socialization (providing pocket money, jobs at home, work for others, and parental encouragement) using a Dutch…

Convergence Between Kazakhstan’S Financial Systemand International Standards: Overcoming Difficulties

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Uvarova Natalya

2015-06-01

Full Text Available This article deals with the convergence of the Kazakh financial system with international standards in light of the new, enhanced agreement with the European Union on partnership and cooperation (January 19, 2015. Based on this research, the approaches used by the Kazakh financial system to converge with the European Union (EU and the mechanism of implementing international standards in the national regulatory framework are determined. In practice, the study provides justification for the necessity of arranging the systematization of existing rules and regulations covering financial activity in the Republic, eliminating discrepancies between the national regulatory framework and international standards, and determining clear security guarantees for foreign investors’ financial activity in the Republic. The research results are primarily focused on the development of public finance management theory. Theories and conclusions present in the study can be used in the educational processes of economic and legal institutions and in the policymaking activity of public finance management bodies.

THE EUROPEAN UNION’S QUEST FOR ENERGY POLICY: A GEO-ECONOMIC APPROACH

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Alin Codoban

2011-09-01

Full Text Available The European Union’s external energy policy architecture is very important for further energy security and economic development. European normative power on its neighbours represents the most efficient way of integrating neighbouring energy markets, with the EU’s emerging internal market and, in perspective, through economic interdependence and complementarities, there are chances of creating an European geo-energy space. EU’s tools for shaping the geo-energy space are becoming more effective in an extended European economic area that would allow it to act as the main actor in a multilateral interconnected system of energy producer and transit countries. The result of the paper is materialized in a new paradigm for EU’s external energy policy, which can provide future security of supply through market institutions and an active economic diplomacy in the resource energy countries.

The Integrative Dimension of the Economic Globalization in European Space

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Daniela Mariana Alexandrache

2010-06-01

Full Text Available We believe that globalization and its socio-economic implications of the world and world economic crisis is one of the most debated issues from several years. The publication "The Economist’’ named globalization as the most used word of the century. The most relevant dimension of globalization is the economy with the more dynamic factors: technological development, the hegemony of liberal conceptions (closely linked to the triumph of the ideology of market economy and explosive development of countries or regions. Economic globalization has manifested a series of visible effects such as: the emergence of new markets and foreign trade (interconnected at global level, the appearance of: transnational companies, multilateral agreements on trade, broadening the scope of WTO, transformation of multinational companies in transnational companies and the emergence of global economic markets. Regionally, we noticed that the trendof concentration of economic activity is more pronounced and advanced in the European continent. Expanding globalization in Europe was achieved because of the fall of communism, and the neoliberal reformation which took place in Western European countries. Events like the fall of the Berlin Wall, followed by the fall of communism eradicated many political, economic, religious or cultural barriers. There were born new relations between state and market, public and private. European Union is, in our view, a regional office ofglobalization, representing the best performing integrative system in the world (by creating free trade area, customs union, common market, the Economic and Monetary Union. In terms of the European Commission,European model is a third way towards globalization, a middle path between protectionism and uncontrolled economy. To understand why the EU is an advanced approximation of globalization, perhaps a regional model of globalization, we must first understand the link between globalization and regional

THE NEW ARCHITECTURE OF ECONOMIC GOVERNANCE IN THE EUROPEAN UNION

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Coroiu Sorina Ioana

2015-07-01

Full Text Available The economic crisis that began in 2007-2008 has highlighted the need for a stronger economic coordination at EU level, to ensure financial stability. The new architecture of economic governance in the European Union is based on Fiscal Pact, on Macroeconomic Imbalances Identification Mechanism, on European Stability Mechanism and on Banking Union. Since the banking system is the most significant component of the financial system, we will give more importance to the analysis of Banking Union, which is based on three pillars: The Single Supervisory Mechanism, The Single Resolution Mechanism and The Deposit Guarantee Schemes.

The European Gonococcal Antimicrobial Surveillance Programme (Euro-GASP)--a sentinel approach in the European Union (EU)/European Economic Area (EEA).

Science.gov (United States)

Spiteri, Gianfranco; Cole, Michelle; Unemo, Magnus; Hoffmann, Steen; Ison, Catherine; van de Laar, Marita

2013-12-01

Antimicrobial resistance in Neisseria gonorrhoeae is monitored in the European Union/European Economic Area through the European Gonococcal Antimicrobial Surveillance Programme (Euro-GASP) coordinated by the European Centre for Disease Prevention and Control. Euro-GASP includes a sentinel surveillance programme which aims to detect in a timely manner changes in resistance patterns and inform treatment guidelines. The programme aims to test a representative number of isolates from each European Union/European Economic Area member state per year for a range of therapeutically relevant antimicrobials through a biannual hybrid centralised/decentralised system. Testing is supported by an External Quality Assurance programme and a laboratory training programme. Participation in the programme has increased to 21 countries in 2012. Euro-GASP has been able to detect the rapid spread of isolates with decreased susceptibility to cefixime across Europe in 2010 and 2011. Results from the programme have informed changes in European treatment guidelines for gonorrhoea and led to the development of the 'Response plan to control and manage the threat of multidrug resistant gonorrhoea in Europe'. Future challenges for Euro-GASP include supporting countries to participate in Euro-GASP through decentralised testing, improving timeliness and epidemiological data quality, and increasing participation from Eastern Europe.

European Funds – Instrument for Economic Stability/Growth

Directory of Open Access Journals (Sweden)

Anca Simina POPESCU

2014-11-01

Full Text Available The enlargement of European Union has finally brought a growth of public resources designed for regional policy, but also visible disparities between the member states. The objective of a stronger social and economic cohesion, of reduction of differences of social and economic development between the member states and EU regions, as well as the promotion of sustainable development of EU are reached through structural funds, the European financing being designed to serve as lever regarding public investments in associated countries. This work analyses the elements which assure economic stability in Romania, in the last year of programming period 2007-2013, following the crisis which disturbed global economy. The emphasis is laid on non-refundable EU funds allotted for Romania, which were analyzed both from the point of view of approved projects (but whose implementation did not start yet and regarding the contracted projects under way.

A socio-economic impact assessment of the European launcher sector

Science.gov (United States)

Monte, Luca del; Scatteia, Luigi

2017-08-01

In a context where the economic strains are challenging European policies as well as the very fabric of governmental contributions to public life, innovation and efficacy of public policy in research are called upon to support growth in Europe and to sustain employment and entrepreneurial capacities. Governments need evidence that the investments in space, while providing strategic tools to implement sovereign policies, create jobs and build the competitive European economy of the future. This is particularly true when the decisions at stake have a potential bearing on the future of the European space sector for at least the next 30 years, as it has been the case for the ESA Council at ministerial level meeting in December 2014. On that occasion, Ministers took the decision to start the development of a new Ariane 6 launcher and Vega evolutions having a critical bearing on the Member States' strategic industrial capabilities and on the sustainability of the European guaranteed access to space. Given the importance of the subject, and following similar studies undertaken in the past for e.g. the Ariane 1-4 programme, the Agency has requested an independent consulting team to perform a dedicated study to assess ex-post the direct, indirect and induced socio-economic impacts of the Ariane 5 programme (mid-term evaluation) and of the Vega programme (early evaluation) globally, at European level, and within the economies and industries of each ESA Member State. This paper presents the assessment of the socio-economic impacts allowing the evaluation of the return on public investments in launchers through ESA in a wider perspective, going beyond the purely economic terms. The scope of the assessment covered in total approximately 25 ESA programmatic and activity lines and 30,000 commitments from 1986 to end 2012. In the framework of the study, the economic impact of the European launcher programmes is measured through a GDP impact defined as the straight economic

IDENTITY AND THE EUROPEAN UNION

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Abrudan Cristina

2008-05-01

Full Text Available The purpose of this article is to throw some light on the question of identity in the European Union. The challenge is to understand how identity formation takes place in the contemporary world. The European integration has to be understood both as a process of socio-economic convergence among European states but also as a process of co-operation on different other levels, too. It seems that cultures, traditions and interests are more and more interconnected as societies become increasingly multicultural. This is the reason why people are concerned with the concept of identity and the recognition of their uniqueness in terms of traditions, values and ways of lives.

Economic freedoms and labour standards in the European Union

NARCIS (Netherlands)

Cremers, J.

2016-01-01

The European Union internal market seeks to ensure the free movement of goods, services, capital and citizens. The primacy given to these economic freedoms has culminated in a socio-economic reasoning dominated by competition, bringing about side effects that may pose a threat to working conditions

European Economic Community/the European energy conference

Energy Technology Data Exchange (ETDEWEB)

1979-03-30

European Economic Community/the European energy conference (a meeting of the energy ministers of the nine member countries), held at Brussels on 3/27/79, was a continuation of the EEC Council meeting held at Paris on 3/12-13/79. Proposals for measures to be taken by the member countries included support for exploration, especially geophysical prospecting for oil off the east coast of Greenland, at a cost of 3.5 million units of account (UC); modification of the regulations for crude oil distribution among the EEC member countries in case of a supply crisis; a second series of 36 energy-conservation demonstration projects, to cost 15,626,320 UC and be undertaken in 1979-83; and the UK proposal to call for bids on the first series of 17 projects, costing 5,779,000 UC and adopted in Dec. 1978, before discussing the second series. Six of the 36 projects are French; they involve heat pumps and hybrid nuclear-electric vehicles and space-heating systems. A report on the current status of coal projects was given, and problems with fast-breeder reactors were discussed.

ROMANIAN VS. EUROPEAN SOCIO-ECONOMIC “IDEAS”

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Serbanica Cristina

2009-05-01

Full Text Available This paper highlights the role of socio-economic research in the European Research Area, while putting focus on emerging trends in the field. In the meantime, the paper presents and analysis the projects that won the “Ideas” competition: ERC Advanced Inve

MIGRATION PROCESSES "EAST-WEST" IN THE CONTEXT OF THE EUROPEAN SYSTEM OF ECONOMIC SECURITY

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S. V. Ryazantsev

2016-01-01

Full Text Available The article refl ects the infl uence of the migration processes to the economic security of European Union. The article underlines most common economical risks in case if there is an increase of the volume of migration and describes the ways how to reduce those risks.The main conclusions obtained from the results of the study, can be structured as follows: trends and consequences of the migration crisis in the European Union are defi ned by the set of reasons that are due on the one hand the policy of transparency being implemented by individual countries, making the whole European Union is the center of attraction of immigrants (primarily from the MENA countries and other hand, the intense and growing fl ow of migrants creates regional threats, including the European Union's economic security; the problem of ensuring the economic security of the European Union in the context of the impact of the migration crisis is most actual issue at the moment and the main reason is that the accumulation of the fl ow of migrants to the strongest European economy – Germany. In this case, not only Germany, but also France (and until recently UK had to improve the economic and social consequences of migration and also to implement measures aimed to recover from fi nancial crisis of the last few years, the consequences of which to date are shown in the many social and economic areas of the European Union; addressing the problem with migration crisis in the European Union seems to use a special system of measures, in which on the one hand realized containment of migration fl ows and on the other hand held solutions aimed at the assimilation of migrants in multicultural environment with full adoption of the latest socio-economic, democratic and moral values specifi c to European societies.

Socio-economic segregation in European capital cities: East meets West

NARCIS (Netherlands)

Tammaru, T.; Marcińczak, S.; van Ham, M.; Musterd, S.

2016-01-01

Growing inequalities in Europe are a major challenge threatening the sustainability of urban communities and the competiveness of European cities. While the levels of socio-economic segregation in European cities are still modest compared to some parts of the world, the poor are increasingly

Fertile Soil for Structural Funds? A panel data analysis of the conditional effectiveness of European cohesion policy

NARCIS (Netherlands)

Ederveen, S.; de Groot, H.L.F.; Nahuis, R.

2003-01-01

Structural funds are the most intensively used policy instrument by the European Union to promote economic growth in its member states and to speed up the process of convergence. This paper empirically explores the effectiveness of European Structural Funds by means of a panel data analysis for 13

An Assessment of the Results of European Parliament Elections in Greece and European Union Under the Shadow of Economic Crisis.

Science.gov (United States)

Fanourgiakis, John; Kanoupakis, Emmanuel

2016-10-01

On January 1, 1981, Greece became the tenth member of the European Economic Community and, 20 years later, on January 1, 2001, joined the euro area. In May of 2010 and February of 2012, Greece signed the first and the second economic adjustment programs and adopted austerity policies throughout the public sector in order to avoid the economic collapse, affecting residents' income and health status. We studied the questionnaires of polls conducted in Greece before the elections of the European Parliament (May 25, 2014) and the "Europeans 2014" Eurobarometer's survey in March of 2014. The responses of Greek voters from the Greek polls were alarming, pointing out their declining personal economic situation and Greece's national economic situation, with a sense that the country was heading in the wrong direction, declaring themselves unsatisfied and insecure. The responses of Greek voters from the "Europeans 2014" survey were even more alarming. Health was the first priority for the voters. As the Greek polls and the Eurobarometer's survey forecasted, but more significantly as the results of the Euro-elections showed, Greek voters preferred to put their hopes in something new. © The Author(s) 2016.

Three proposals for revitalising the European Union

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Mario Tonveronachi

2016-12-01

Full Text Available Widespread perception that convergence on the current set of rules is not capable of producing convergence on results, or anyway generally better results, has increased the socio-political fragmentation inside the European Union. The result has been an increasing demand for a partial re-nationalisation of sovereign powers, whose physiology comes from the necessity of higher national flexibility. Asking how feasible changes in the current set of rules could accommodate the increased demand of national flexibility, the paper focuses on the euro area and proposes to revise the monetary operations of the European Central Bank, current fiscal rules, and the financial regulatory approach. The proposed new design is based on the premise that no changes in the Treaty on the Functioning of the European Union are possible at the moment, even though a minimum political convergence is necessary. If successfully implemented, the proposal would contribute to give a viable perspective to the design of the Economic and Monetary Union, capable of attracting those EU non-euro area countries that consider the mismanagement of the recent crisis and of its after-effects reason enough for resisting further losses of sovereignty. JEL: E52, E62, F33, F36, F45, G28

Measles among migrants in the European Union and the European Economic Area

NARCIS (Netherlands)

Williams, G.A.; Bacci, S.; Shadwick, R.; Tillmann, T.; Rechel, B.; Noori, T.; Suk, J.E.; Odone, A.; Ingleby, J.D.; Mladovsky, P.; McKee, M.

2016-01-01

Aims: Progress towards meeting the goal of measles elimination in the EU and the European Economic Area (EEA) by 2015 is being obstructed, as some children are either not immunized on time or never immunized. One group thought to be at increased risk of measles is migrants; however, the extent to

FISCAL POLICY'S INFLUENCE ON ECONOMIC GROWTH IN THE EUROPEAN UNION

OpenAIRE

MIHAIU Diana Marieta; OPREANA Alin

2012-01-01

In this paper we study the impact of the fiscal policy on the economic growth for European Union, for the period 2000-2009. This subject represents a very debated problem in the economic literature. Our findings shows that, from the analysis of correlation between economic growth rate and total rate of taxation, there is generally an inverse relationship, meaning that an increase in the tax rate adversely affects economic growth. Continuing the analysis of the correlation between economic gro...

ECONOMIC POTENTIAL RECOVERY – A EUROPEAN CHALLENGE IN THE MEDIUM TERM

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Rãdulescu Andrei

2012-12-01

Full Text Available The waves of the worst global financial and economic crisis since World War II have seriously affected the economy of the Euro Area. The first wave of the global crisis determined the worst recession in decades for the member states of the region. At present, the Monetary Union is confronted with the second wave of the crisis – the public debt problem. Despite the efforts adopted and implemented by the European policymakers over the past quarters, the sovereign debt crisis is far from over. Spain has recently become the “favourite target” of the financial markets. Among the consequences of the waves of the crisis for the Euro Area one can mention the potential output decline and the economic divergence (asymmetric evolution of member countries. In this context, the potential output recovery and the relaunch of the real economic convergence process represent the main challenges for the policymakers in the medium run. This paper analyses the evolution of potential GDP of the member countries of European Monetary Union (12. I employ the Hodrick-Prescott methodology on data from the World Bank Database. According to the results, the economic potential of the member states of the Euro Area (12 decreased to the lowest level of the past decades. At the same time, the analysis presents the differences exiting across the member states in terms of potential output. Some countries suffered an important potential output loss over the past quarters (it seems that Greece and Portugal have become asymmetric shocks in the Monetary Union. For these countries, the first wave of the global crisis transformed in a permanent shock. The decline of investments and the depreciation of human capital over the past quarters express a huge probability that potential output is going to maintain at a low level in the Euro Area over the following years. The recovery of potential GDP towards the pre-crisis levels is dependent on a higher participation rate

Beyond convergence: Poland and Turkey en route to high income

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Martin Raiser

2016-03-01

Full Text Available This paper compares and contrasts the policy reform experiences of Poland and Turkey en route to high income. For both countries, globalization has presented unprecedented opportunities to catch up, unleased by integration into European and global markets and the establishment of macroeconomic discipline. These opportunities were reinforced by the creation of economic institutions to strengthen competition and support private entrepreneurship, catalyzed by the convergence process with the European Union. Both Poland and Turkey have shown resilience following the 2008 global crisis, but continued success will require renewed structural reform measures. Dealing with the challenging of aging while at the same time finding a way to sustain productivity growth through greater domestic innovation is shaping Poland’s policy agenda. Turkey's structural and demographic potential as well as its strategic location between the markets of Europe and Asia offers attractive value proposition to investors, which could be further enhanced with improvements in business regulations and economic governance.

The Western European Mobile Service Market

DEFF Research Database (Denmark)

Henten, Anders; Tadayoni, Reza; Hjarup, Søren

The aim of the paper is to analyse the development of the structure in the Western European mobile services market, based primarily on technological and economic parameters. The focus of the analysis is on the market consolidation process, taking place horizontally, i.e. among the mobile network...... operators, and on the new companies entering the mobile field vertically, delivering, e.g., content and portal services, as convergence with Internet develops....

DRIVERS OF LONG-TERM CONVERGENCE. FOCUS ON ROMANIA

Directory of Open Access Journals (Sweden)

MANUELA UNGURU

2014-11-01

Full Text Available With initial low levels of income per capita, a declining population and relatively modest economic growth rates, there are little prospects of diminishing the gap between Romania and the EU countries. Nevertheless, in the long term, convergence is expected. The question then arises, “What are the drivers and their likely potential to boost economic growth and the catching-up process?”. This paper presents shortly the theoretical background of economic convergence and then focuses on the assessment of possible paths of Romania’s convergence towards the EU. Based on the existing long-term macroeconomic projections and the assessment of the possible future developments of the drivers of economic growth, we have built three scenarios of economic convergence, highlighting the possible timespan of convergence. We have employed growth accounting methods to decompose output growth rate into production factors’ contributions (capital and labour and total factor productivity.

Analysis of economic convergence through synthetic development indicators: the chilean case study

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Víctor Fernando Figueroa Arcila

2003-01-01

Full Text Available This paper defends the use of convergence models to study the temporary evolution of the Chilean communes’ socioeconomic development. To do so, we will use an indicator made up of using multivariate analysis techniques. By means of regression models of transversal section and models of distributional dynamics we will outline, on the basis of the historic function of communal economies, the behaviour expected for those economies in future and, therefore, the tendencial evolution of Chilean territorial economic model.

Economic Growth and CO2 Emissions in the European Union

International Nuclear Information System (INIS)

Bengochea-Morancho, A.; Martinez-Zarzoso, I.; Higon-Tamarit, F.

2001-01-01

This paper examines the relationship between economic growth and CO 2 emissions in the European Union. A panel data analysis for the period 1981 to 1995 is applied in order to estimate the relationship between Gross Domestic Product (GDP) growth and CO 2 emissions in ten selected European countries. The analysis shows important disparities between the most industrialised countries and the rest. The results do not seem to support a uniform policy to control emissions; they rather indicate that a reduction in emissions should be achieved by taking into account the specific economic situation and the industrial structure of each EU member state. 20 refs

Lobbying in the European union – regulation and public sector economics perspective

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Daniela Dvořáková

2013-01-01

Full Text Available Lobbying has become an inseparable companion of the decision-making process and firms but also other social actors (non-governmental organizations, individuals, private and civil sector are forced to reflect this fact, if they want to promote their interests effectively and if they want to avoid regulation that would harm their interests. The paper analyses the regulation of lobbying in European institutions and focuses on two major institutions which are under pressure of the lobbyists, the European Commission and the European Parliament. The paper discusses and presents the both ways of regulation which occur in the European institutions- the concept of self-regulation and the binding Code of Conduct under the Rules of Procedure in the European Parliament.The paper contains also possible economic consequences of lobbying based on the Public Sector Economics perspective and the methodology of the principal-agent relationship.

THE ROLE OF THE EUROPEAN FUNDING IN THE CONTEXT OF THE ECONOMIC CRISIS

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Liliana – Victoria GHERMAN

2013-06-01

Full Text Available The economic crisis from the last period significantly affected the business environment. Despite the progress registered by Romania in the last years, there are some important disparities in the field of competitiveness compared to the European Union member states. It is important to have adequate financial resources for the small and medium enterprises (SMEs and to increase the competitiveness.Companies may obtain European funds for investments in order to improve their activities, starting with the production facilities, procurement of IT equipment and modernization of the tourism infrastructure.The general objective of the Sectoral Operational Programme - “The Increase of Economic Competitiveness” (SOP IEC is to increase the productivity of the Romanian enterprises in order to comply with the European Union principles: long term development and decrease of the disparities.With the support of the European funds it can be reduced the negative impact of the economic crisis.

Group Litigation in European Competition Law: A Law and Economics perspective

NARCIS (Netherlands)

S.E. Keske (Sonja)

2009-01-01

textabstractIn this thesis, insights of the law and economics literature were collected in order to develop the features of an optimal group litigation concerning the deterrence of European Competition Law violation and these were then compared to the proposals of the European Commission in the

An Analysis of Economic Growth, Competitiveness and Macroeconomic Imbalances in the European Union

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Gheorghe Hurduzeu

2015-09-01

Full Text Available Taking into consideration the determinants of the economic crisis and of the sovereign debt crisis, we aim to analyze the dynamics of the European economies and discuss changes related to macroeconomic imbalances, as highlighted by the recent crises as an important factor of the unfavorable dynamics registered during the last years. In this respect we considered both internal and external imbalances, as specified in the macroeconomic imbalance procedure that was implemented for the European Union member states since 2012, as a response to the crises that affected all open economies of the world. The purpose of this article is to provide a comprehensive analysis of economic imbalances in the European Union and to determine their influence on economic growth.

ECONOMIC GROWTH AND REGIONAL INEQUALITY IN ROMANIA

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Marinela ISTRATE

2016-10-01

Full Text Available After the collapse of communism, Romania, just like other Central and East European countries, has experienced profound social and economic mutations, reflected in all activity sectors (from the transition to a market economy and democratic freedom-based society to the decreasing number of active and working population, increasing unemployment, workforce’s growing risk of poverty, rising vulnerability of certain socio-professional groups. Starting from these findings and using an appropriate methodology to identify regional convergences and disparities, the present paper is meant to perform a statistical and territorial analysis of the economic gaps recorded at the level of the Romanian counties (NUTS 3 level during the last two decades and a half. The conclusions converge towards the existence of an adjustment of the economic structures, both from the territorial and temporal perspective, while the issue of reducing regional gaps remains one of the main challenges of the future.

Inequality and rising levels of socio-economic segregation: lessons from a pan-European comparative study

NARCIS (Netherlands)

Marcińczak, S.; Musterd, S.; van Ham, M.; Tammaru, T.; Tammaru, T.; Marcińczak, S.; van Ham, M.; Musterd, S.

2016-01-01

The Socio-Economic Segregation in European Capital Cities: East Meets West project investigates changing levels of socio-economic segregation in 13 major European cities: Amsterdam, Budapest, Vienna, Stockholm, Oslo, London, Vilnius, Tallinn, Prague, Madrid, Milan, Athens and Riga. The two main

Convergence and Heterogeneity in Euro Based Economies: Stability and Dynamics

Directory of Open Access Journals (Sweden)

Philip Haynes

2016-08-01

Full Text Available Cluster analysis is used to explore the performance of key macroeconomic variables in European countries that share the euro, from the inception of the currency in 2002 through to 2013. An original applied statistical approach searches for a pattern synthesis across a matrix of macroeconomic data to examine if there is evidence for country clusters and whether there is convergence of the cluster patterns over time. A number of different clusters appear and these change over time as the economies of the member states dynamically interact. This includes some new countries joining the currency during the period of examination. As found in previous research, Southern European countries tend to remain separate from other countries. The new methods used, however, add to an understanding of some differences between Southern European countries, in addition to replicating their broad similarities. Hypotheses are formed about the country clusters existing in 2002, 2006 and 2013, at key points in time of the euro integration process. These hypotheses are tested using the rigour of a bivariate analysis and the multivariate method of Qualitative Comparative Analysis (QCA. The results confirm the hypotheses of cluster memberships in all three periods. The confirmation analysis provides evidence about which variables are most influencing cluster memberships at each time point. In 2002 and 2006, differences between countries are influenced by their different Harmonised Index of Consumer Prices (HICP and labour productivity scores. In 2013, after the crisis, there is a noticeable change. Long term interest rates and gross government debt become key determinants of differences, in addition to the continuing influence of labour productivity. The paper concludes that in the last decade the convergence of countries sharing the euro has been limited, by the joining of new countries and the circumstances of the global economic crisis. The financial crisis has driven

European Gas Market Liberalisation. Competition versus security of supply?

International Nuclear Information System (INIS)

Haase, N.

2009-01-01

The problem statement encompasses two basic questions: (1) Which variables determine regulatory regimes and economic performance in European gas markets?; and (2) Can we empirically determine the effect of regulation-for-competition, as applied in the European Union, on the economic performance in the European gas markets? In the first part (chapters 1-5), the theoretical groundwork is laid out and conceptual clarifications are provided. In chapter 2, the main concepts such as governance and regulation, and their interrelations, are determined and the public regulation approach to be followed is outlined. The third chapter discusses our theoretical framework and the support required from other New Institutional approaches to deduce expectations regarding the convergence of regulatory regimes and its effect on economic performance. The fourth chapter contributes to answering our first research question by displaying the relevant variables and outlining how these can be operationalised. Based on the concepts of regulatory comprehensiveness and policy convergence, in chapter 5, a methodology is developed to measure best-practice in terms of regulation-for-competition. The second part (chapters 6-9) covers the first empirical analysis which is quantitative in design and emphasises effects originating at the Community level. Chapter 6 summarises the evolution of European gas policy at the Community level and searches for major changes in general or energy policy objectives and examines their prioritisation. Chapter 7 addresses the formal institutions on the second layer of the fourlayer model. Chapter 8 analyses converging and diverging trends within regulatory regimes in European gas markets. Chapter 9 sets out to assess the extent to which regulation-for-competition, as prescribed by the European provisions, can be empirically studied for its effect on economic performance in the European gas sector. To answer our second main research question, we discuss the effects

Convergence of the National Public Administration Systems within the European Union in the Context of the European Model Emergence

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Cezar Corneliu MANDA

2015-09-01

Full Text Available The long running history for over half a century of the European Union was marked initially by the need to approach the member states’ administrations, with a view to getting them more compatible, as a prerequisite of the EU’s functioning, at the foreseen political-legal and economic parameters, and then the respective tendency started to intensify progressively relative to the more and more ambitious goals and objectives of the European Union establishment. Today we witness an increased dynamics of such a process which seems to integrate even the specificities derived from the sovereignty elements, considered not long ago as sacred, at the states level, a processuality whose finality consists in the continuous consolidation of the European administrative area, as an essential corollary to the effective inter-community mechanisms development, equally as an effect of the states’ integration but also a condition for the European project success. In such a context, the present approach proposes to analyse and identify the degree of cohesion and of similarity between the EU states administrations, which revolve around the emergence of the common characteristics, considered as authentic values of the administrative area, susceptible to be accepted altogether as bases for the European administration model, whose outline tends to become more visible.

Connection between sport and economics within the European context

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Dan Mihai Jitaru

2012-01-01

Full Text Available The sport, in its capacity as a social and economic phenomenon, contributes to achieving the strategic objectives of solidarity and prosperity of the European Union. The sport is based on the notion that peace, tolerance, mutual understanding and education, which correspond to the European ideal. The sport is currently experiencing new phenomena, such as commercial pressure, trafficking in human beings, doping, racism, violence, corruption and money laundering. It has a huge social force. It can also be “a factor to promote integration, fair play and public health", said Wolfganag Schauble, federal Minister of the Interior of Germany, in the informal meeting of the Ministers of Sport in the European Union.

Does Rapid and Sustained Economic Growth Lead to Convergence in Health Resources: The Case of China From 1980 to 2010.

Science.gov (United States)

Liang, Di; Zhang, Donglan; Huang, Jiayan; Schweitzer, Stuart

2016-01-01

China's rapid and sustained economic growth offers an opportunity to ask whether the advantages of growth diffuse throughout an economy, or remain localized in areas where the growth has been the greatest. A critical policy area in China has been the health system, and health inequality has become an issue that has led the government to broaden national health insurance programs. This study investigates whether health system resources and performance have converged over the past 30 years across China's 31 provinces. To examine geographic variation of health system resources and performance at the provincial level, we measure the degree of sigma convergence and beta convergence in indicators of health system resources (structure), health services utilization (process), and outcome. All data are from officially published sources: the China Health Statistics Year Book and the China Statistics Year Book. Sigma convergence is found for resource indicators, whereas it is not observed for either process or outcome indicators, indicating that disparities only narrowed in health system resources. Beta convergence is found in most indicators, except for 2 procedure indicators, reflecting that provinces with poorer resources were catching up. Convergence found in this study probably reflects the mixed outcome of government input, and market forces. Thus, left alone, the equitable distribution of health care resources may not occur naturally during a period of economic growth. Governmental and societal efforts are needed to reduce geographic health variation and promote health equity. © The Author(s) 2016.

POLISH AND EUROPEAN ECONOMIC CULTURE – A COMPARISON

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Izabela Ścibiorska-Kowalczyk

2013-12-01

Full Text Available The term "economic culture" describes historically shaped elements in the general culture of population, concerning values recognized and desired by a particular community, relating to the management and to the economic system of the states. The most important economic cultural behaviors include: awareness of economic choices, attitudes and behaviors of economic choices, the rules of the economic game. There is a theory which assumes that the globalization of the economy will lead to the emergence of a single, common to the whole world culture through enculturation, which is defined as a gradual process of growing of the individual (or group into the culture or cultures through assimilation of cultural heritage of the surrounding community. More inculturation can be understood as a process of movement between different cultures come into contact and the transmission of cultural patterns. The article is an attempt at presenting the Polish economic culture against the European background and identifying the differences. It discusses the impact of national history and religion on the present shape of economic life, with particular regard to its negative aspects, i.e. the relatively high level of bribery and unemployment or the negative personal attitudes.

A Comparative Analysis of E-Learning Policy Formulation in the European Union and the United States: Discursive Convergence and Divergence

Science.gov (United States)

Erichsen, Elizabeth Roumell; Salajan, Florin D.

2014-01-01

This study developed a framework that compares the content and purposes of "federal" level European Union (EU) and United States (US) e-learning policy to ascertain trends, patterns, and points of convergence and divergence across the years 1994-2010. It reveals that the EU and US are applying similar rhetoric for policy framing,…

The impact of macro-economic circumstances and social protection expenditure on economic deprivation in 25 European countries, 2007-2011

NARCIS (Netherlands)

Visser, Mark; Gesthuizen, M.J.W.; Scheepers, P.L.H.

2014-01-01

In this study, we investigate to what extent macro-economic circumstances and social protection expenditure affect economic deprivation. We use three items from round five of the European Social Survey (2010-2011) to construct our latent outcome variable, which we label economic deprivation in the 3

European integration dimension of Republic of Moldova as development path in a globalization setting

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Natalia ANTOCI

2015-12-01

Full Text Available In a global market economy, the opening towards outward, standard harmonization and convergence of national economies can create the necessary synergy in order to address the challenges of globalization. Republic of Moldova needs to develop partnership relations with European Union (EU countries, which have experience in relation to commodity markets, and without which it is difficult to modernize the economy and diversify its export. Moldova's integration into the European Union allows increasing dynamism and sustainability of the economic system of our country and allows implementing a new model of economic growth according to EU Member States' experience.

MIGRATION INTEGRATION AS A FACTOR OF ECONOMIC AND REGIONAL DEVELOPMENT IN THE EUROPEAN UNION

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Petronela Daniela FERARU

2015-10-01

Full Text Available International migration, together with economic and financial crisis or the different socio-economic development of Member States, is a serious threat to security in Europe. Population migration as a threatening factor, places the European Union in the face of a decision to establish clear policies for the establishment of a climate of external security, both for the migrant population and for the rest of the population. All in all, this study will centre on the following hypothesis: the better we know the challenges of international migration in the European Union and its Member States the more the European policies to mitigate negative effects of the world will be diminished. The aim is to highlight aspects pertaining to migration integration as a factor of economic, social and regional development in the European Union, and less as a factor of destabilization and insecurity. In other words, a good knowledge of the phenomenon leads to drawing up effective policies to reduce hazards, risks, threats and negative effects that happen today due to the increasing number of immigrants. Finally, the study will present a series of conclusions, including on the work hypothesis verification and some proposals related to migration integration efficiency as a factor of regional and economic development in the European Union.

Influence Factors of the Economic Development Level Across European Countries

OpenAIRE

Diana Ioana POPA

2016-01-01

The economic development level of a country refers to the measure of the progress in an economy that could be measured, especially through GDP or GDP per capita. The level of these indicators can be influenced by many factors as a large scale, from social and economical to environmental and government policies factors. The paper aims to investigate some of these influence factors of the economic development level, represented in this case by GDP per capita, across European countries in the...

Reduction in undiagnosed HIV infection in the European Union/European Economic Area, 2012 to 2016.

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van Sighem, Ard; Pharris, Anastasia; Quinten, Chantal; Noori, Teymur; Amato-Gauci, Andrew J

2017-11-01

It is well-documented that early HIV diagnosis and linkage to care reduces morbidity and mortality as well as HIV transmission. We estimated the median time from HIV infection to diagnosis in the European Union/European Economic Area (EU/EEA) at 2.9 years in 2016, with regional variation. Despite evidence of a decline in the number of people living with undiagnosed HIV in the EU/EEA, many remain undiagnosed, including 33% with more advanced HIV infection (CD4 < 350 cells/mm3).

Romania’s Accession to Second Modernity. Potential of Convergence

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Marin Dinu

2006-06-01

Full Text Available This paper analyses Romanian economy facing with European integration process at 2007. The Romanian economy advanced the development prudent macroeconomics policies and implement structural reforms in the market for goods, labor and financial products. We identify in this study the principal conditionalities for the admittance in European Union. The nominal and real convergence must be touched faster because this process supposes stability prices, the financial soundness indicators, the need to stabilize exchange rate. In addition, the real convergence with European Union is very important. First, we analyze the strategic errors of the Romanian authorities in transition period. Second, our study focuses on current challenges and makes suggestions for change the modernization process. Can Romanian economy obtain a grow faster convergence? Is the strategy of Romanian economy optimal?

The Globalisation Challenge for European Higher Education: Convergence and Diversity, Centres and Peripheries. Higher Education Research and Policy. Volume 4

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Zgaga, Pavel, Ed.; Teichler, Ulrich, Ed.; Brennan, John, Ed.

2013-01-01

The last decade has marked the European higher education with a particular dynamics. Today, after a decade of a «concerted» policy, national systems look much more convergent but new questions and dilemmas are emerging: about its nature and quality, about real impact of recent reforms in different countries as well as about its future. The book…

NEW TRENDS IN R&D DISPARITIES AMONG EU COUNTRIES. A SIGMA CONVERGENCE APPROACH

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Goschin Zizi

2014-07-01

Full Text Available The recent economic crisis brought about new challenges and disrupted the previous convergence process in R&D systems of EU member countries. The new developments in the configuration of the European Research Area require the use of adequate methods for measuring disparities between EU countries and monitoring of the convergence process. In this context, our paper aims to explore the new trends in R&D disparities among different groups of EU countries by means of a specific method for assessing the convergence/divergence process, namely the "sigma convergence" indicator introduced by Barro and Sala-i-Martin (1995. Considering the sizeable heterogeneity that exists within the EU-28 and candidate countries, we performed separate analyses on two groups of countries that are likely to be more homogenous: old and new EU member countries. Our main finding is a convergence trend for both EU-28 and candidate countries and old EU members over 2006-2013, while the new EU countries seem to diverge in terms of the research and development activity as captured by the Summary Innovation Index. The existence of a systematic trend of convergence / divergence was further tested based on both Augmented Dickey - Fuller (ADF and DF- GLS stationarity tests.

CONSIDERATIONS ON THE EUROPEAN SOCIAL DIALOGUE

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Mihai, OPRESCU

2014-11-01

Full Text Available At the moment, worldwide, social dialogue is considered to be a very useful tool in solving serious social problems caused by globalization or as a consequence of the way the costs and benefits of the economic changes are distributed. Promoting social dialogue at European level remains a strategic objective of the European Union, which must be sustained by all appropriate means, and in the same time it should be used as an instrument for Stability and Development. Improving the convergence of the social partners' actions from the Member States with the social partners' actions from the Community level is required for the effectiveness of European social dialogue. Social dialogue will be applied, in the next period, into the trans-national system, at regional and inter-regional levels, given the trends of decentralization, integration and globalization that affect all communities.

Disparity and convergence: Chinese provincial government health expenditures.

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Pan, Jay; Wang, Peng; Qin, Xuezheng; Zhang, Shufang

2013-01-01

The huge regional disparity in government health expenditures (GHE) is a major policy concern in China. This paper addresses whether provincial GHE converges in China from 1997 to 2009 using the economic convergence framework based on neoclassical economic growth theory. Our empirical investigation provides compelling evidence of long-term convergence in provincial GHE within China, but not in short-term. Policy implications of these empirical results are discussed.

Disparity and convergence: Chinese provincial government health expenditures.

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Jay Pan

Full Text Available The huge regional disparity in government health expenditures (GHE is a major policy concern in China. This paper addresses whether provincial GHE converges in China from 1997 to 2009 using the economic convergence framework based on neoclassical economic growth theory. Our empirical investigation provides compelling evidence of long-term convergence in provincial GHE within China, but not in short-term. Policy implications of these empirical results are discussed.

Tuberculosis among migrant populations in the European Union and the European Economic Area.

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Odone, Anna; Tillmann, Taavi; Sandgren, Andreas; Williams, Gemma; Rechel, Bernd; Ingleby, David; Noori, Teymur; Mladovsky, Philipa; McKee, Martin

2015-06-01

Although tuberculosis (TB) incidence has been decreasing in the European Union/European Economic Area (EU/EEA) in the last decades, specific subgroups of the population, such as migrants, remain at high risk of TB. This study is based on the report 'Key Infectious Diseases in Migrant Populations in the EU/EEA' commissioned by The European Centre for Disease Prevention and Control. We collected, critically appraised and summarized the available evidence on the TB burden in migrants in the EU/EEA. Data were collected through: (i) a comprehensive literature review; (ii) analysis of data from The European Surveillance System (TESSy) and (iii) evidence provided by TB experts during an infectious disease workshop in 2012. In 2010, of the 73,996 TB cases notified in the EU/EEA, 25% were of foreign origin. The overall decrease of TB cases observed in recent years has not been reflected in migrant populations. Foreign-born people with TB exhibit different socioeconomic and clinical characteristics than native sufferers. This is one of the first studies to use multiple data sources, including the largest available European database on infectious disease notifications, to assess the burden and provide a comprehensive description and analysis of specific TB features in migrants in the EU/EEA. Strengthened information about health determinants and factors for migrants' vulnerability is needed to plan, implement and evaluate targeted TB care and control interventions for migrants in the EU/EEA. © The Author 2014. Published by Oxford University Press on behalf of the European Public Health Association.

Economic efficiency versus social equality? The U.S. liberal model versus the European social model.

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Navarro, Vicente; Schmitt, John

2005-01-01

This article begins by challenging the widely held view in neoliberal discourse that there is a necessary trade-off between higher efficiency and lower reduction of inequalities: the article empirically shows that the liberal, U.S. model has been less efficient economically (slower economic growth, higher unemployment) than the social model in existence in the European Union and in the majority of its member states. Based on the data presented, the authors criticize the adoption of features of the liberal model (such as deregulation of their labor markets, reduction of public social expenditures) by some European governments. The second section analyzes the causes for the slowdown of economic growth and the increase of unemployment in the European Union--that is, the application of monetarist and neoliberal policies in the institutional frame of the European Union, including the Stability Pact, the objectives and modus operandi of the European Central Bank, and the very limited resources available to the European Commission for stimulating and distributive functions. The third section details the reasons for these developments, including (besides historical considerations) the enormous influence of financial capital in the E.U. institutions and the very limited democracy. Proposals for change are included.

ECONOMIC BENEFITS OF DEVELOPING INTERMODAL TRANSPORT IN THE EUROPEAN UNION

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Crisan Radu

2012-12-01

Full Text Available Transport plays a crucial role in economic and social development and its contribution goes beyond what is normally captured in traditional cost-benefit analyses. Transportation investments can have large long-term economic, social and environmental impacts. The European Commission when developing transport policy, focuses on the intermodal transport, which is seen as a sustainable mobility solution, environmentally friendly and efficient in terms of resources, especially in terms of freight. European transport policies promote co-modality - combining different modes for a single supply chain - as a solution to the adverse effects of transport: pollution, traffic congestion, energy consumption. Intermodal transport is found to be consistently cheaper than all-road solutions, and its external costs significantly lower, thereby confirming the high potential of intermodal transport in increasing the sustainability of the transport sector. So, freight intermodality is increasingly considered as major potential contributor to solving the sustainability problems of the European transport sector. This paper addresses the pricing issues specifically related to intermodal transport. The focus in on the main economical advantages of developing intermodal transport, but also on the usage limits brought by particularities of transport modes. Special attention is given to intermodal transfer terminals with solutions for activity efficiency increase, with major implications on the quality and cost of transportation. The theme discussed in this paper is of great importance, many authors and specialists developed it in their studies. Some names are needed to be mentioned: Todd Litman, Dr. Yuri V. Yevdokimov, John J. Coyle, Kenneth D. Boyer and few more. But, a special attention for this subject is paid by the European Commission and its subordinated institutions, that are interested in developing sustainable strategies and promoting concrete solutions for

The Impossible Trinity of Denial. European Economic Governance in a Conceptual Framework

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István BENCZES

2013-06-01

Full Text Available The first ten years of the Economic and Monetary Union were a remarkable success story. Nevertheless, the European financial-cum-sovereign- debt-crisis made it clear that the original design of European economic governance is not feasible any longer. The crisis compelled Europeans to admit that the implicit consent of Maastricht on a triple denial with regard to the single currency area, i.e., (1 no exit, (2 no bail-out, and (3 no default, is no longer tenable. By introducing the concept of the ‘impossible trinity of denial’, the current paper argues that pursuing these three goals simultaneously is not attainable, and that one of these should be sacrificed in order for the single currency to survive the current crisis. Also, supranational institutions should enjoy more control over crisis resolution in the future.

Economic potential of demand response at household level—Are Central-European market conditions sufficient?

International Nuclear Information System (INIS)

Prüggler, Natalie

2013-01-01

The aim of this paper is to show the economic potential of demand response (DR) on household level at Central European market conditions. Thereby, required economic benefits for consumers' participation, the realistic load shifting potential at household level and the estimation of essential intelligent infrastructure costs are discussed. The core of this paper builds a case-study applying spot market-oriented load shifting from the supplier's point of view by using Austrian electricity market data, household load profiles as well as a heat pump and e-car charging load profile. It is demonstrated which cost savings for suppliers can be derived from such load shifting procedure at household level. Furthermore, upper cost limits for intelligent infrastructure in order to break-even are derived. Results suggest to take a critical look at European discussions on DR implementation on household level, showing that at Central European market conditions the potential for DR at household level is restricted to significant loads and hence, the applied load shifting strategy is only beneficial with application to heat pumps. In contrast, the frequently discussed shifting of conventional household devices' loads (such as washing machines) economically does not add up. - Highlights: • Calculation of economic potential of domestic DR at Central European market conditions. • Model and case-study of spot market-oriented load shifting from supplier's perspective. • Derivation of supplier's cost savings and upper cost limits for ICT infrastructure. • Results show economic potential of domestic DR to be restricted to significant loads. • Shifting of washing machines economically does not pay off in contrast to heat pumps

European Socio-Economic Integration Challenges, Opportunities and Lessons Learned

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Korres, George

2013-01-01

Economic integration is one of the most noteworthy issues in international economic policy at the end of the twentieth century. The recent examples of the European Union (EU) and the North American Free Trade Association (NAFTA) have raised important questions about the economic integration process and the possible establishment of economic unions in other parts of the world.  Against the backdrop of the financial crisis in Europe and prospects of increasing integration in Asia, this volume showcases research from an international array of researchers to provide a basic understanding of the current issues, problems, challenges, and opportunities for achieving integration, addressing both empirical and theoretical aspects of such topics as monetary union, social policy reform and social union, public finance and technology policy.  The chapters in Part 1 are focused primarily on economic issues, while Part 2 covers on social policy, the welfare state, and political reforms, with a particular emphasis on the ...

Dividing united Europe. Stereotypes, prejudices and the European (economic) crisis

NARCIS (Netherlands)

Sierp, Aline; Karner, Christian

2017-01-01

This special issue brings together scholars who examine the nexus between the (economic) crisis, national identities and the use of historical images, prejudices and stereotypes by focusing particularly on media and political discourses in different European countries. Pictures of Angela Merkel in a

EXPERIENCES AND TENDENCIES TO DECENTRALIZE THE CAPABILITIES OF THE ECONOMIC POLICY AT THE EUROPEAN UNION LEVEL

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Dodescu Anca

2011-07-01

Full Text Available Romania's integration in the European Union implies, apart the complex process of policy transfer, the learning of new modes to make policies characteristic to a multi-level governance and partnership culture. Of the different levels of governance of the European model, the regional level ("regional governance" most faithfully reflects, in our opinion, the complexity of reconfiguring the role of state in economy, at the beginning of this new millennium, in the European Union space and presents the highest practical importance for Romania, as a new Member State of the European Union, for, at the regional level, the structures are more flexible and the good practices are more rapidly assimilable. The selection of the best regional growth and development economic policies, the choosing of the objectives out of a series of competing options, the calibration in time and space of powers, roles, capabilities, and responsibilities and the encouragement of the win-win solutions call upon the choice and combination of some appropriate and efficient instruments. Representative for the new context, the regional growth and development policy must integrate, in Romania too, more knowledge, more creativity, new combinations of capabilities and new fields of expertise. This paper presents preliminary research results afferent to the post-doctoral research project: "Growth and regional development economic policies. Challenges for Romania in the context of economic-financial crisis and European model integration", carried out in the project "Economic scientific research, reliance of human welfare and development in European context", the Romanian Academy, "Costin C. Kiriţescu" National Institute for Economic Research, project financed for the 2010-2013 period from the European Social Fund (EFS and implemented by the Romanian Academy, Costin C. Kiritescu National Institute for Economic Research, in the period of time 1 December 2010 - 30 November 2012

EUROPEAN INVESTMENT BANK'S ROLE IN ECONOMIC DEVELOPMENT OF ROMANIA AND EUROPE

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HAGIU ALINA

2014-10-01

Full Text Available European Investment Bank is the European Union's financial institution. It finances investment projects to contribute to the balanced development of the Union. At the same time "bank" and "body" of the European Union, it contributes to the achievement of the European Union objectives by funding projects to promote European integration, balanced development, economic and social cohesion and the development of an economy based on innovation. Today, the EIB exists on the capital markets with the best quote, “Triple A”. This quote allows it to mobilize in highly competitive conditions, the most important financial volume required to support investments. As an institution, EIB continuously adapts its working mode to changes in EU policies. As a bank, it works closely with the banking community, both for loans on the capital markets as well as for financing investments.

Finnish Highly Skilled Migrants and the European Economic Crisis

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Koikkalainen Saara

2017-10-01

Full Text Available Europe is home to a globally unique area where the barriers of transnational migration have been largely removed. This article focuses on Finnish highly skilled, intra-European migrants and their labour market situation immediately following the economic crisis of 2008. Based on two consecutive online surveys (carried out in spring 2008 and summer 2010 of tertiary educated Finns living in other EU countries, the article examines the effects of the global economic downturn on the careers of these highly skilled migrants. Only 16 per cent of the respondents report that their labour market situation had worsened. A higher percentage (24% felt that their situation had improved and the majority (54% had either experienced no change in their situation or stated that their reasons for changing jobs or moving had nothing to do with the crisis. The article concludes that these migrants were protected from the full force of the crisis by their high human capital, flexibility of alternating between studying and work, employment in international workplaces and their intra-European migrant status.

The Public Finance Stance and the Economic Growth: the Case of European Union

OpenAIRE

Ioan Talpos; Bogdan Dima; Mihai Ioan Mutascu; Cosmin Enache

2007-01-01

This paper is studying the impact of public budget deficit on the economic growth. We have tested the connection between budget deficit and economic growth, using econometrical analysis (the Pool Data Model). Within this framework, we have quantified the intensity of connections between public budget deficit and economic growth in the case of European Union 25.

Electricity wholesale market prices in Europe: Convergence?

International Nuclear Information System (INIS)

Zachmann, Georg

2008-01-01

This paper tests the hypothesis that the ongoing restructuring process in the European electricity sector has led to a common European market for electricity. Based on a Principal Component Analysis (PCA) of wholesale electricity prices in 2002-2006, we reject the assumption of full market integration. For several pairs of countries, the weaker hypothesis of (bilateral) convergence is accepted based on unit root tests (KPSS and ADF) and a convergence test based on filtered pairwise price relations. This indicates that the efforts to develop a single European market for electricity were so far only partially successful. We show that the daily auction prices of scarce cross-border transmission capacities are insufficient to explain the persistence of international price differentials. Empirically, our findings confirm the insufficiency of explicit capacity auctions as stated in the theoretical literature. (author)

World health inequality: convergence, divergence, and development.

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Clark, Rob

2011-02-01

Recent studies characterize the last half of the twentieth century as an era of cross-national health convergence, with some attributing welfare gains in the developing world to economic growth. In this study, I examine the extent to which welfare outcomes have actually converged and the extent to which economic development is responsible for the observed trends. Drawing from estimates covering 195 nations during the 1955-2005 period, I find that life expectancy averages converged during this time, but that infant mortality rates continuously diverged. I develop a narrative that implicates economic development in these contrasting trends, suggesting that health outcomes follow a "welfare Kuznets curve." Among poor countries, economic development improves life expectancy more than it reduces infant mortality, whereas the situation is reversed among wealthier nations. In this way, development has contributed to both convergence in life expectancy and divergence in infant mortality. Drawing from 674 observations across 163 countries during the 1980-2005 period, I find that the positive effect of GDP PC on life expectancy attenuates at higher levels of development, while the negative effect of GDP PC on infant mortality grows stronger. Copyright © 2010 Elsevier Ltd. All rights reserved.

"Nanoselves": NBIC and the Culture of Convergence

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Venkatesan, Priya

2010-01-01

The subject of this essay is NBIC convergence (nanotechnology, biotechnology, information technology and cognitive science convergence). NBIC convergence is a recurring trope that is dominated by the paradigm of integration of the sciences. It is largely influenced by the considerations of social and economic impact, and it assumes positivism in…

Interest organizations across economic sectors : explaining interest group density in the European Union

NARCIS (Netherlands)

Berkhout, Joost; Carroll, Brendan J.; Braun, Caelesta; Chalmers, Adam W.; Destrooper, Tine; Lowery, David; Otjes, Simon; Rasmussen, Anne

2015-01-01

The number of interest organizations (density) varies across policy domains, political issues and economic sectors. This shapes the nature and outcomes of interest representation. In this contribution, we explain the density of interest organizations per economic sector in the European Union on the

Interest organizations across economic sectors: explaining interest group density in the European Union

NARCIS (Netherlands)

Berkhout, Joost; Carroll, Brendan; Braun, Caelesta; Chalmers, Adam; De Strooper, Tine; Lowery, David; Otjes, Simon; Rasmussen, Anne

2015-01-01

The number of interest organizations (density) varies across policy domains, political issues and economic sectors. This shapes the nature and outcomes of interest representation. In this contribution, we explain the density of interest organizations per economic sector in the European Union on the

Peculiarities of Future Finance and Economics Specialists' Training in Western European Countries and Ukraine

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Homoniuk, Olena; Pokudina, Larysa

2016-01-01

The article touches on the peculiarities of future finance and economics specialists' training in educational establishments of Western Europe and Ukraine. The problem of higher economic education has been considered. The experience of higher economic education organization in developed European countries has been generalized. The peculiarities of…

MODELLING OF THE POSSIBLE INTEGRATION CONSEQUENCES OF THE ECONOMY OF UKRAINE INTO THE ECONOMIES OF THE EUROPEAN UNION OR RUSSIA

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Lesya Buyak

2016-11-01

Full Text Available The purpose of the paper is to mathematically reproduce the process of economic partnership between the two countries and its qualitative analysis, which include the following goals: to identify feasible outcomes, to formulate requirements for the selection of control parameters and coefficients, to give economic reasoning of the results of modelling and to provide alternative scenario of economic cooperation. Methodology. A method of mathematical modelling has been applied to investigate the possible socio-economic impact of integration of Ukraine into the EU economy. We are describing the basic mathematical model of the economy of Ukraine and two mathematical models of the possible convergence with the economies of the European Union or Russia. The results of modelling are reflected by the capacity of relevant dynamic systems and the quantitative distribution of savings. Results. On the basis of economic analysis of mathematical dependence, the conclusions on the possible economic consequences of integration of Ukraine into the economy of the European Union or Russia have been established. Practical implications. It has been found that a step towards the European Union (EU requires the alteration of principles of economic management, timely government control. This should be done in the process of restructuring of social standards and commercial activity in terms of traditional forms of management of enterprises with low financial capacities. The process of convergence with the economy of Russia leads to conservation of the modern type of economy with many disadvantages of commercial management and government control as well as limitation of economic and political freedoms and growth of political instability in the country. Value/originality. The got results extend modern economic and mathematical tool for research of integration processes and acceptance of the proper economic decisions. Formalization of models of economy taking into account

Does the Euro enhance Economic Growth?

DEFF Research Database (Denmark)

Dreyer, Johannes Kabderian; A. Schmid, Peter

2016-01-01

of economic integration in Europe. The aim of this article is to investigate whether the EU and EZ memberships enhance growth of their members. In order to perform our empirical analysis, we apply an augmented Solow growth model using convergence analysis and the panel Generalized Method of Moments (GMM...... interesting to new potential EZ members, such as some of the Central Eastern European Countries (CEE), who are about or in the process to join the common currency club....

Imbalances in the development of European currency integration: key issues and recent trends

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Cornelia Sahling

2017-12-01

Full Text Available The recent financial and sovereign debt crises affected the Eurozone countries in different ways. The centre-periphery divide of the national economies exacerbated existing problems in the euro area. In this article an empirical analysis of the development of intra-European imbalances is provided. The analysis shows that the problem of internal imbalances remains unsolved. High unemployment and high public debt in Eurozone’s periphery reflects the internal imbalances. In some Northern countries the public debt ratios are becoming higher, too. Significant current account imbalances provide an important indicator of external imbalances. The co-existence of large current account surpluses in Germany and the Netherlands and deficits in Greece challenges the possibilities of deeper European integration. The provided analysis shows a reduction in external imbalances because of better performance of periphery current accounts. A real solution of European problems needs deeper macroeconomic policy cooperation between national authorities and European institutions. The article highlights the limits of European institutions in promoting common economic policy. It is necessary to boost competitiveness by coordinated structural reforms in the euro area; fiscal austerity policies are not enough to restore pre-crisis internal balance. For sustainable economic growth European investment projects should be implemented in the euro area. The recovery of national economies should be used to reduce the high public debt levels in both centre and periphery countries. In the absence of economic adjustment through the exchange rate in the euro area further improvement in European current accounts convergence is important for European economic integration.

THE ROLE OF SMALL BUSINESS IN ECONOMIC DEVELOPMENT OF EUROPEAN ECONOMY

OpenAIRE

Anca Stan

2014-01-01

Small businesses provide catalytic benefits to the economy. They contribute to national output, and to the society as a whole, beyond the spending and profit they generate. The role of SMEs is crucial for the European economic recovery – their number, employment capacity and value added constitute a large share of the European economy. Providing the right conditions in which SMEs can flourish is paramount for ensuring a sustained recovery and achieving prosperity for all EU citizens. There is...

Socializing the European Semester? Economic governance and social policy coordination in Europe 2020

NARCIS (Netherlands)

Zeitlin, J.; Vanhercke, B.

2014-01-01

The European Semester of policy coordination, which is the core of EU’s new institutional architecture for economic and social governance, introduced since the beginning of the Euro crisis, has prompted questions about the nature and dynamics of the EU’s emerging socio-economic governance

Economic Growth, Convergence and Innovation in the EU Regions

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Tiiu Paas

2012-12-01

Full Text Available The paper focuses on quantitative assessment of the innovation’s role in explaining regional disparities and convergence in Europe. The empirical part of the study bases on the regional GDP pc and innovation indicators on the EU-27 NUTS2 level regions. Based on the selected set of initial regional innovation indicators and using the principal components factor analysis method, three composite indicators of regional innovation capacity are extracted. Estimating convergence equations, we noticed that regional innovations tend to increase inter-regional differences, at least during the short-run period. Thus, if regional income convergence is a policy target, additional policy measures beside innovation activities should be effectively implemented.

ARCHITECTURE OF EUROPEAN SYSTEM OF FINANCIAL SUPERVISION AFTER THE GLOBAL ECONOMIC CRISIS

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Mateusz Muszyński

2015-12-01

Full Text Available This paper indicates how the last global financial crisis has affected the european financial system. As the depression evolved it brought all the weaknesses in the system of financial supervision to the surface. Then it became clear that deeper integration of the banking system was strongly needed. To mitigate systemic stability risk and improve the coordination process with international organizations, the European Commission decided to establish the European System of Financial Supervision. However, it seemed that it was not sufficient to prevent from further fragmentation of the financial market in Europe. As a result, in 2012 the European Commission initiated the banking union, a new form of political and economic integration.

Income Distribution and Economic Well-Being within European Families

DEFF Research Database (Denmark)

Bonke, Jens

well-being declines and wives raises the more she earns relatively to him. However, the relationships are often of an inversed u-shaped form for both sexes with men getting the highest well-being at an earlier stage than women. Within the Scandinavian welfare state regime this preferred distribution......-shaped relationship between the distribution of income and men and women’s economic well-being.......The article analyses the distribution of income within European families and the consequences for the spouses’ economic well-being. Thus, many studies have shown that women nowadays participate on the labour market in an increasing number resulting in a more equal distribution of income within...

Evaluation of Economic Merger Control Techniques Applied to the European Electricity Sector

International Nuclear Information System (INIS)

Vandezande, Leen; Meeus, Leonardo; Delvaux, Bram; Van Calster, Geert; Belmans, Ronnie

2006-01-01

With European electricity markets not yet functioning on a competitive basis and consolidation increasing, the European Commission has said it intends to more intensively apply competition law in the electricity sector. Yet economic techniques and theories used in EC merger control fail to take sufficiently into account some specific features of electricity markets. The authors offer suggestions to enhance their reliability and applicability in the electricity sector. (author)

Performance of European Industry of Logistics Services Before and After Economic Crises in the Years 2008/2009

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Beti Godnič

2017-09-01

Full Text Available Abstract: In this article we examined the impact of economic crises in the years 2008/2009 on the logistics industry in old member states EU-15 and the new EU member states. The emergence of the economic crisis in 2008/2009 when the states of the old members of EU-15 and new EU member states were the first time subjected to the effects of the crisis inside the single entity-the European Union. Research question: The basic research question is: Were implications of economic crises in the years 2008/2009 in logistics industry in heterogenic states of European Union; old member states EU-15 and the new EU member states different? Purpose:We wanted to determine how the logistics companys in old member States EU (15 and in the new EU member states adapt to the new circumstances caused by economic crises in the years 2008/2009. Method: Economic crises are complex multifunctional phenomenon. Analysing complexity of the changes of the state of economic system need to supplement the pure scientific approach with other types of research work, more holistic approach, which is commonly used in Comparative economics. In this article we combine both. In empirical part we used appropriate parametric and non-parametric tests of differences between old and new member states of the European Union. We used Pearson's chi-squared test (Pearson, 1900, p. 157-175. Results: In the article we studied changes ocured by economic crises in the years 2008/2009 in the European logistics industry. We found that the logistics companies in the old EU member states EU-15 and in the new EU member states differently adapt to the implications of economic crises in the years 2008/2009. EU hasn’t adopted and implemented the harmonised economic policy, which will solve the »North-South« problem in logistics industry and find a way to operate systemically in global environment. Organization: The findings can be used to support undestanding of changed bussines envirnment of the

For or Against the Eurozone? Romanian Students’ Perspective on the Economic Crisis and Their Future as European Citizens

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Alina-Daniela MIHALCEA

2014-10-01

Full Text Available In the context of globalization and of the aftermath of the economic crisis, the pillars on which the EU stands no longer satisfy the demands and necessities of the European citizens (Van Ham, 2005; Habermas, 2012.  The euro crisis has generated, on one hand, a gap between the “center” and the “periphery” that can be correlated with the fragmentation both of the EU’s spheres of influence and of the European financial market (Dobrescu & Palada, 2012; EFCR, 2013.  On the other hand, the euro crisis has generated a lack of solidarity and confidence in the European project. At this point, the major challenge for the European Union is not only the Euro-zone crisis, but also the level of confidence amongst young people. Recent polls (Gallup, 2013; Pew Research Center, 2013 indicate a dramatic rise in pessimism among Europe’s young people that have been labeled as “the Lost Generation” (European Commission, 2012. This paper explores the impact of the economic crisis on Romanian students’ attitudes towards the future of the European project and towards their European identity. The study aims at identifying the major concerns of Romanian students in terms of their future as European citizens. Our approach of this subject covers two perspectives: the first one is the utilitarian perspective, that is taking into consideration the actual advantages of the Europeanization process and the sustainability of the European social and economic model in the current national economic context; the second one is the identity perspective, that is taking into account the impact of the economic crisis on the Romanian students’ sense of belonging to the European community. The results of our study indicate that, overall, the Romanian youth holds an optimistic view concerning the EU, however they express some concerns in terms of lack of solidarity and fear of national identity loss.

Economic Burden of Bladder Cancer Across the European Union.

Science.gov (United States)

Leal, Jose; Luengo-Fernandez, Ramon; Sullivan, Richard; Witjes, J Alfred

2016-03-01

More than 120,000 people are diagnosed annually with bladder cancer in the 28 countries of the European Union (EU). With >40,000 people dying of it each year, it is the sixth leading cause of cancer. However, to date, no systematic cost-of-illness study has assessed the economic impact of bladder cancer in the EU. To estimate the annual economic costs of bladder cancer in the EU for 2012. Country-specific cancer cost data were estimated using aggregate data on morbidity, mortality, and health care resource use, obtained from numerous international and national sources. Health care costs were estimated from expenditures on primary, outpatient, emergency, and inpatient care, as well as medications. Costs of unpaid care and lost earnings due to morbidity and early death were estimated. Bladder cancer cost the EU €4.9 billion in 2012, with health care accounting for €2.9 billion (59%) and representing 5% of total health care cancer costs. Bladder cancer accounted for 3% of all cancer costs in the EU (€143 billion) in 2012 and represented an annual health care cost of €57 per 10 EU citizens, with costs varying >10 times between the country with the lowest cost, Bulgaria (€8 for every 10 citizens), and highest cost, Luxembourg (€93). Productivity losses and informal care represented 23% and 18% of bladder cancer costs, respectively. The quality and availability of comparable cancer-related data across the EU need further improvement. Our results add to essential public health and policy intelligence for delivering affordable bladder cancer care systems and prioritising the allocation of public research funds. We looked at the economic costs of bladder cancer across the European Union (EU). We found bladder cancer to cost €4.9 billion in 2012, with health care accounting for €2.9 billion. Our study provides data that can be used to inform affordable cancer care in the EU. Copyright © 2015 European Association of Urology. Published by Elsevier B.V. All

Zgaga, P., Teichler, U., & Brennan, J. (Eds.) (2012). The globalisation challenge for European higher education / Convergence and Diversity, Centres and Peripheries. Frankfurt/M.: Peter Lang. [Book review

OpenAIRE

Strajn, Darko

2013-01-01

Book review of: Zgaga, P., Teichler, U., & Brennan, J. (Eds.) (2012). The globalisation challenge for European higher education / Convergence and Diversity, Centres and Peripheries. Frankfurt/M.: Peter Lang. 389 pp., ISBN 978-3-631- 6398-5.

THE ECONOMICS OF “BIG FIVE” EUROPEAN FOOTBALL LEAGUES

Directory of Open Access Journals (Sweden)

Teodor DIMA

2015-09-01

Full Text Available European football is a business with more and more attractive numbers for investors, shareholders or partners all over the planet. It has significantly changed especially over the last 20 years, following an intense procedure of acquisitions and marketing, a process that has brought important sums of money in this industry. This paper presents the overview of the “big five” European football leagues (England, Germany, Spain, Italy, France. The study is primarily focused on economics, but is also considering various social or cultural aspects (media, social media followers. The case-study on the five major leagues corroborates the theoretical underpinning. The paper investigates also the roots of financial regulation divergence in Europe and underlines the main issues regarding the UEFA financial fair-play rules.

Tre proposte per rivitalizzare l’Unione Europea (Three proposals for revitalising the European Union

Directory of Open Access Journals (Sweden)

Mario Tonveronachi

2017-01-01

Full Text Available Within the EU, the perception that the convergence on the current set of rules is not capable of producing convergence on results, or generally better results, has increased socio-political fragmentation. The result has been an increasing demand for re-nationalisation of sovereign powers. Focusing on the euro area, the paper proposes to revise the monetary operations of the European Central Bank, current fiscal rules and the financial regulatory approach in order to tackle some of the main inconsistencies, rigidities and fragilities in the current design. The new design is thought out to require no changes in the Treaty on the Functioning of the European Union, but at least a minimum political convergence. If successfully implemented, it would contribute to give a viable perspective to the design of the Economic and Monetary Union, capable of attracting those EU non-euro area countries that consider the mismanagement of the recent crisis and of its after-effects reason enough for resisting further losses of sovereignty.JEL codes: E52, E62, F33, F36, F45, G28

Payloads development for European land mobile satellites: A technical and economical assessment

Science.gov (United States)

Perrotta, G.; Rispoli, F.; Sassorossi, T.; Spazio, Selenia

1990-01-01

The European Space Agency (ESA) has defined two payloads for Mobile Communication; one payload is for pre-operational use, the European Land Mobile System (EMS), and one payload is for promoting the development of technologies for future mobile communication systems, the L-band Land Mobile Payload (LLM). A summary of the two payloads and a description of their capabilities is provided. Additionally, an economic assessment of the potential mobile communication market in Europe is provided.

HIV Infection in Migrant Populations in the European Union and European Economic Area in 2007-2012: An Epidemic on the Move.

Science.gov (United States)

Hernando, Victoria; Alvárez-del Arco, Débora; Alejos, Belén; Monge, Susana; Amato-Gauci, Andrew J; Noori, Teymur; Pharris, Anastasia; del Amo, Julia

2015-10-01

Migrants are considered a key group at risk for HIV infection. This study describes the epidemiology of HIV and the distribution of late HIV presentation among migrants within the European Union/European Economic Area during 2007-2012. HIV cases reported to European Surveillance System (TESSy) were analyzed. Migrants were defined as people whose geographical origin was different than the reporting country. Multiple logistic regression was used to model late HIV presentation. Overall, 156,817 HIV cases were reported, of which 60,446 (38%) were migrants. Of these, 53% were from Sub-Saharan Africa, 12% from Latin America, 9% from Western Europe, 7% from Central Europe, 5% from South and Southeast Asia, 4% from East Europe, 4% from Caribbean, and 3% from North Africa and Middle East. Male and female migrants from Sub-Saharan Africa and Latin America had higher odds of late HIV presentation than native men and women. Migrants accounted for 40% of all HIV notifications in 2007 versus 35% in 2012. HIV cases in women from Sub-Saharan Africa decreased from 3725 in 2007 to 2354 in 2012. The number of HIV cases from Latin America peaked in 2010 to decrease thereafter. HIV diagnoses in migrant men who have sex with men increased from 1927 in 2007 to 2459 in 2012. Migrants represent two-fifths of the HIV cases reported and had higher late HIV presentation. HIV epidemic in migrant populations in European Union/European Economic Area member states is changing, probably reflecting the global changes in the HIV pandemic, the impact of large-scale ART implementation, and migration fluctuations secondary to the economic crisis in Europe.

The Economic Development of the Visegrad Four in the Last 15 Years in the European Union

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Lívia Benita Kiss

2018-03-01

Full Text Available The Visegrad Four reflects the efforts of the countries of the Central European region to work together in a number of fields of common interest within the all-European integration. This paper focused on an examination of the economic development of the Visegrad Four as the Czech Republic, Hungary, the Republic of Poland and the Slovak Republic. With the most important economic indicators I presented the development of the four countries in the last 15 years in the European Union. I used secondary statistics for comparative analysis. I ranked the countries under examination based on the result.

The Rise and Fall of the European Dream

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Joseph W.H. Lough

2015-10-01

Full Text Available The European Dream is often portrayed as the benign if not benevolent counterpart to the fading American Dream. Yet, as economic historian Joseph Lough shows in this essay, the European and American dreams are linked by more than their shared embrace of free market capitalism. In this essay Professor Lough exposes the darker side of the European Dream, a side first expressed in the 1990s, but now fully revealed in Europe’s conflict with Greece. As Professor Lough shows, this dark side of the European Dream was already present at its birth in the 19th century, when GWF Hegel allegorized its birth and diffusion through a story about the Self-Moving Substance that is Subject. This story has received mathematically rigorous validation through convergence theories of today’s neoclassical and neoliberal economists. Yet is total domination by this Self-Moving Substance inevitable, much less desirable? Professor Lough shows how Europe could adopt an alternative, more sustainable European Dream to meet today’s pressing challenges.

Emergency oil stocks in Southeastern and Eastern Europe: What explains variation in convergence towards the EU model?

International Nuclear Information System (INIS)

Tosun, Jale

2012-01-01

The accumulation and maintenance of emergency oil stocks in accordance with the requirements of the European Union involve changes in legislation, the strengthening of national stockholding institutions and the attraction of investment. Despite these challenges, almost all Southeastern and Eastern European countries have begun to align their oil stockholding arrangements with the European model, albeit there is variation in the actual degree of convergence. The greatest convergence is observed for Croatia and the Former Yugoslav Republic of Macedonia. In marked contrast, the oil stockholding system of Moldova continues to be different from the European model. This study provides an overview of the Southeastern and Eastern European countries’ progress in approximating the European requirements for emergency oil stocks and identifies the factors responsible for the cross-country variation. The differences observed stem from the extent to which the countries are legally obliged to comply with the European provisions, their membership aspirations, levels of energy-related investment from the European Union, and dependence on oil imports. - Highlights: ► Southeastern and Eastern European countries are approaching the European stockholding model. ► Croatia and Macedonia demonstrate the highest degree of convergence. ► Moldova displays the greatest distance to the European model. ► Variation in convergence is determined by legal obligation, membership aspiration, investment and dependence on oil.

Adoption of the Objectives of the Monetary and Economic Union and European Financial Integration

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MĂDĂLINA RĂDOI

2014-05-01

Full Text Available The European concerns, with old traditions in forming multinational financial markets, developed in the integration of the financial markets and of the European banking systems which allowed the investors from any European country to follow the orders on the best market, through the best beneficiary, benefitting from the most effective financial-banking services. This market offers sophisticated and modern financial tools, which cope with the needs of the invertors, portfolio managers, transnational companies and traders, having an impact over the balanced economic development of the European countries and unemployment reduction.

Patterns and determinants of business cycle synchronization in the enlarged European Economic and Monetary Union

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Iulia SIEDSCHLAG

2010-06-01

Full Text Available This paper provides empirical evidence about the degree of business cycle synchronization between the euro area countries and eight new European Union member states. We analyze the direct and indirect effects of similarity of economic structures and trade intensity on the co-movement of fluctuations of economic activity across these countries and find that bilateral similarity of economic structures and trade intensity were positively and significantly associated with business cycle correlations. This result is robust to different estimation techniques. Similarity of economic structures had an additional indirect positive effect on business cycle synchronization via its positive effect on trade intensity. The bilateral business cycle correlations are found to be endogenous with respect to bilateral similarity of economic structures and bilateral trade intensity suggesting that the new European Union countries will better satisfy the Optimum Currency Area criteria after the adoption of the euro.

Europeanization of National Public Spheres? Cross-National Media Debates about the EU's Socio-Economic Strategy

DEFF Research Database (Denmark)

Porte, Caroline de la; van Dalen, Arjen

2016-01-01

This paper studies the Europeanization of media coverage of the European Union's (EU) socio-economic strategy, which is a crucial building block for developing a European Public Sphere. As the EU level increasingly influences public policy in member states, there should correspondingly be a more...... intense and visible media debate with attention for EU-level and cross-national policies and developments. On the basis of a content analysis (2000–2010) in Denmark, France, Poland and the UK, we find that media attention for the EU's growth and jobs strategy is limited, that it does not increase over...... in terms of benchmarking and reporting on criticism and advice to member states. This criticism is more often diffuse than aimed at specific member states. Therefore, we conclude that media coverage of the EU's socio-economic strategy is Europeanized, but that it remains a debate by and for EU...

Balancing Fundamental Rights with Economic Freedoms According to the European Court of Justice

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Sybe A. de Vries

2013-01-01

Full Text Available The development of fundamental rights within the EU legal order has come to a climax through the entry into force of the Treaty of Lisbon in December 2009. Article 6 of the EU Treaty now recognizes the binding force of the EU Charter of Fundamental Rights, embraces the intention to accede to the European Convention on the Protection of Human Rights and Fundamental Freedoms and codifies the European Court of Justice's (ECJ case law that fundamental rights shall constitute general principles of Union law. The question is how these changes made by the Lisbon Treaty, which mark a new stage in the shaping of the EU's commitment to the protection of fundamental rights, inform the relationship between fundamental rights and the classic Treaty economic freedoms, which have been vital in building Europe's 'economic constitution'. This contribution addresses the conflict that may arise between the Treaty economic freedoms and fundamental rights and assesses how the ECJ should balance these conflicting interests, considering the changed EU legal framework. In this paper the approach of the European Court of Human Rights (ECtHR, having to decide in cases where fundamental rights conflict with each other, will also be briefly touched upon and compared with the Court of Justice's approach.

Convergence analysis of household expenditures using the absolute β-convergence method

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Anto Domazet

2012-01-01

Full Text Available Background: The paper examines the convergence of household expenditures, in terms of a possible usage of the standardized, rather than consumer-tailored marketing, mainly on a regional level. Objectives: The main goal of this research is to study the existence of consumption expenditure convergence in the EU-27 countries, in the period between 2000 and 2007. Methods/Approach: The analysis used the absolute β-convergence method, in order to investigate the existence of a negative correlation between the growth over time in the overall consumption expenditure in EU member- countries for each individual product and service category and the initial expenditure level. Results: According to the obtained results, in the period between 2000 and 2007, the EU-27 countries reached a high level of consumer expenditure convergence, which provides a basis for developing a regional concept of the standardized international marketing for these countries’ markets. Conclusions: The results provide an empirical contribution to claims on consumer convergence in the countries included into economic integrations. Also, the obtained results can be used to create a basis for defining and applying the regional marketing concept for companies focusing on the EU-27 countries’ market.

Convergent engineering techniques for management of nuclear processes

International Nuclear Information System (INIS)

Carabulea, A.; Popa, I.

1995-01-01

The paper briefly presents the concept of convergent arhemo-systematical engineering, its advantages in comparison with classical methods of research, design, manufacture. The convergent engineering application supposes the usage of the advanced methods, techniques and equipment corresponding to the domain and specific for the corresponding branch of computer science. Starting from the convergent engineering principles and concept, the paper proposes two models applicable for new products and also for improving and optimizing the existing ones. The models are based on two levels of feedback corresponding to two levels of control and they assume the utilization of expert and robot-expert systems. The economical efficiency of the application of the convergent engineering method is evaluated for the case of a nuclear power plant by calculation the main technical and economical indicators. (Author) 2 Figs., 5 Refs

Survey of surveillance systems and select prevention activities for hepatitis B and C, European Union/European Economic Area, 2009.

Science.gov (United States)

Duffell, E F; van de Laar, M J

2015-04-02

Hepatitis B and C viral infections are leading causes of hepatic cirrhosis and cancer. The incidence and prevalence of both hepatitis B and C varies across European countries. European wide surveillance data help to understand the dynamic epidemiology of hepatitis B and C, which is important for the implementation and effectiveness of prevention and control activities.Comparison of surveillance data between countries in Europe is hampered by the differences in national healthcare and reporting systems. This report presents the results of a survey in 2009 which was undertaken to collect baseline information on surveillance systems and core prevention programmes for hepatitis B and C in individual European Union/ European Economic Area countries. The results provide key information to aid the interpretation of surveillance data, and while indicating heterogeneity in national surveillance systems and programmes, they highlight the potential of these systems. This resource has supported the implementation of a standardised European enhanced surveillance programme.

Transparency in European banking system – a technical and economic approach

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Ștefănescu Cristina Alexandrina

2014-03-01

Full Text Available The objective of our paper is to provide a comprehensive analysis of possible relationships between two different approaches of “transparency” – the technical vs. the economic one. Thus, irrespective of prior literature, our paper goes beyond a “solo” analysis of either of two above-mentioned “facets”, by providing a combined study. So, we focused on both (1 XBRL’s role in enhancing the quality of disclosure, by assessing its benefices and consequences and (2 corporate governance mechanism’s power to improve efficiency and effectiveness of banking supervision by encouraging transparency. The results of the performed analysis generally reveal that there is a strong and positive relationship between the level of disclosure promoted by corporate governance codes enforced in European Union countries and the degree of implementation of both XBRL-based projects designed for banking environment (FINREP and COREP. Consequently, we can assert that there is a consensus between the economic and technical approach of transparency in European banking system

The European Community and crisis adaptation: The impact of the 1973 oil crisis on European integration

Energy Technology Data Exchange (ETDEWEB)

Mahurin, R.P.

1991-01-01

This study investigates relationships that emerged between European Economic Community and Arab League nations during the period 1970-1978, with special attention to the period immediately following the October 1973 Arab-Israeli war and the Arab oil embargo of 1973-74. The central argument is that European integration can be measured and understood from three different levels of analysis: not only the systems or supranational level (to which neofunctionalists and federalists have largely confined their investigations), but from the nation-state and the subnational levels also. This view is justified in the context of complex interdependencies in the work of Joseph Nye and Robert Keohane. From this perspective, nation-state and subnational-level data take on a new importance. This study collected data on the nature, level, and intensity of contracts between actors within each of these three levels. The study finds at all these levels strong evidence of increased collective and convergent activity which, in the context of complex interdependencies, points to a complex but clearly advancing process of European integration during the period under investigation.

The European Community and crisis adaptation: The impact of the 1973 oil crisis on European integration

International Nuclear Information System (INIS)

Mahurin, R.P.

1991-01-01

This study investigates relationships that emerged between European Economic Community and Arab League nations during the period 1970-1978, with special attention to the period immediately following the October 1973 Arab-Israeli war and the Arab oil embargo of 1973-74. The central argument is that European integration can be measured and understood from three different levels of analysis: not only the systems or supranational level (to which neofunctionalists and federalists have largely confined their investigations), but from the nation-state and the subnational levels also. This view is justified in the context of complex interdependencies in the work of Joseph Nye and Robert Keohane. From this perspective, nation-state and subnational-level data take on a new importance. This study collected data on the nature, level, and intensity of contracts between actors within each of these three levels. The study finds at all these levels strong evidence of increased collective and convergent activity which, in the context of complex interdependencies, points to a complex but clearly advancing process of European integration during the period under investigation

DOES THE MAASTRICHT CONVERGENCE CRITERIA WORK?

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Karsai Zoltán-Krisztián

2012-12-01

Full Text Available During its 13 year history, the euro area experienced the most severe economic downturn in the late 2000s as a result of the 2007 financial-economic crisis stemming from the US banking sector. The crisis in the monetary union, besides posting a significant economic and social cost, revealed several weaknesses not just of the currency block as a whole, but also of its constituting members, which were masked by the prosperous economic environment characteristic for the 2000s. These conditions have put to the test the solidarity among the euro zone members, or in other words the existence of the currency block. One important problem of the currency block is the lack of harmony between the fiscal and economic policies of the member states, creating several and occasionally very divergent parts of the currency block. The aim of this research is to enhance the Maastricht convergence criteria’s and the Stability and Growth Pact’s role as a monitoring mechanism, allowing them to become more informative tools for the policy makers. For this, based on the relevant literature, we propose new potential explanatory variables which could enhance the role of the Maastricht convergence criteria and the Stability and Growth Pact. Some of the studied variables, like indebtedness of the private sector, capital flow compared to the size of the economy, government revenue compared to total public debt and current account balance help in enforcing the nominal convergence, while others (real labour productivity contribute to the real convergence. The explanatory power of the proposed variables are investigated in the case of France, Germany, Greece, Ireland, Italy, Portugal and Spain for the period comprised between 2000Q1-2011Q4. Results of the research show that with the exception of government revenue compared to total public debt, all proposed variables have significant explanatory power regarding the evolution of the state of the economy in all

Macro-economic effects of additional energy conservation in the European Community

International Nuclear Information System (INIS)

Sips, H.W.; Bakker, L.; Muizelaar, J.; Velthuijsen, J.W.

1991-01-01

The aim of the title study is to evaluate the environmental and economic consequences of additional energy conservation in five Western European countries: the Netherlands, the Federal Republic of Germany, the United Kingdom, France and Italy. In the first part of the study the economic effects of a policy, in which additional energy conservation is realized only for the Netherlands, is calculated. In this report the results are presented. The calculated results of the economic effects of a coordinated energy conservation policy in the abovementioned countries will be published in a separate report. The effects of three policy variants will be evaluated: the non-financial policy variant, the shift of the financial burden variant, and the variant in which the levies are not compensated.The starting point for the first variant is an autonomous realization of the energy conservation. The basis of the second variant is that an equal amount of energy can be saved by means of a substantial energy levy. The profits of this levy can be used to reduce the financial burden of labour. For the economic calculations use has been made of the HERMES-model. Every member of the European Community has developed such a macro-economic model. In chapter two the different starting points for the calculations are outlined, with special attention to descriptions of the policy variants, the model-input and the basic projection. In chapter three the economic effects of the policy variants are presented and discussed. In chapter four the energy conservation and the environmental effects of the variants are dealt with. The most important conclusion of this study is that a considerable amount of energy can be saved, which will have positive effects on the economy and the environment. 8 figs., 20 tabs., 6 apps., 32 refs

Direct Tax Applications in Relationship Between European Union and Turkey

OpenAIRE

YAZARKAN, Hakan; MEZARARKALI, Pınar

2015-01-01

European Union (EU) is an economic union that exstipulates common tax policy within the union without interfering the taxes which collected by the members. On the other hand union doesn’t put tax systems of member states to harmonization but has a positive look on efforts convergence. The reason of this is the difference between international tax ratio causes limiting even hindering the capital activities. Turkey which made an application at 31st of July 1959 still can’t become member of EU. ...

New jurisdiction of the European Court of Justice in resolving monetary and fiscal disputes

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Dimitrijević Marko

2016-01-01

Full Text Available The global financial crisis has caused the need for a stronger positioning of the European Court of Justice in the new model of economic governance in the European Union. The Jurisdiction of the European Court of Justice contributes in creating the optimal legal control mechanism of budget spending in the European monetary law and ensure maintenance of euro-zone fiscal framework. The role of the European Court of Justice in the EMU in earlier periods was secondary, but in times of crisis, it points to the growing need of Jurisdiction's extending in the field of monetary relations between member states and respect of convergence rules. Court's Jurisdiction in resolving of monetary and fiscal disputes is increasingly implemented in determining the legal nature of international agreements, whose ratio is economic stability, where the Judgments regarding complementarities of these legal documents with primary law provisions have the crucial impact on the future direction of national fiscal policies coordination. Although, the Court's Jurisdiction in this area is still underdeveloped and Judgments are often conditioned by pragmatism reasons, by development of credible macroeconomic dialogue between Court of Justice, European Central Bank and European Court of Auditors may establish conditions for fullfiling legal gaps in the performance of monetary and fiscal Jurisdiction of the Court.

Where the European Union should Multiply its Money: Stimulating Measures in the Economic Monetary Union

NARCIS (Netherlands)

Groeneveld, A.N.; Heijman, W.J.M.

2014-01-01

The aim of this article is to investigate in which sectors and countries the European Union should invest to diminish the economic gap between different member states. It answers the question at which sectors and regions the European regional policy should be directed. In an attempt to indicate

Diagrammatic representation of economic factors affecting the nuclear fuel cycle strategy within the European Community

International Nuclear Information System (INIS)

1979-05-01

This paper, which also appears as an Appendix to the Final Working Group 4 Report, forms part of the overall economic evaluation of reprocessing. The indicative position and illustrative ''phase diagram'' for the Commission of the European Communities (CEC) is presented. The European Community has to import 80% or more of the uranium needed to fuel its nuclear power capacity. Nuclear fuel reprocessing together with recycle of the recovered uranium and plutonium has the potential to reduce the uranium needs of the Community some 20 to 25% during the near term period 1990-2000 and in the longer term (after 2000) with the gradual introduction of fast breeder reactors to decrease sharply the need to import uranium. This illustrates the high economic value assigned to fuel reprocessing within the European Community

Exploring integration of care for children living with complex care needs across the European union and European economic area

DEFF Research Database (Denmark)

Brenner, Maria; O’Shea, Miriam; Larkin, Philip J.

2017-01-01

Introduction: The aim of this paper is to report on the development of surveys to explore integration of care for children living with complex care needs across the European Union (EU) and European Economic Area (EEA). Theory and methods: Each survey consists of a vignette and questions adapted...... from the Standards for Systems of Care for Children and Youth with Special Health Care Needs and the Eurobarometer Survey. A Country Agent in each country, a local expert in child health services, will obtain data from indigenous sources. Results: We identified ‘in-principle’ complex problems...

Nominal and real price convergence in Romania – Statistical evaluation -

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Mihai Gheorghe

2015-09-01

Full Text Available The creation of both the Economic and Monetary Union and of the single common market have meant two very important steps in getting a more and more compact Union. The first step regarding EMU lead to the adoption of a single currency and to the elimination of the exchange rates fluctuations, while the second one lead to the elimination of physical, administrative and technical barriers in order to achieve a sustainable economic growth and a stimulation of competition. Romanian authorities set out a new target year for the Euro adoption. Technically, the euro adoption as of 1 January 2019 would imply participation in the ERM II starting 1 January 2016 for the minimum 2-year stay. During this period the EU authorities will assess whether Romania meet the determined criteria for entering the third stage of EMU. The purpose of the paper is to assess the nominal and real convergence of Romanian prices, before and after the admission to the European Union (EU. The paper provides a short presentation of technical consideration of the both indices used to measure the price convergence, namely Harmonized Indices of Consumer Prices (HICP and the price level estimated in the PEC framework. A retrospective analysis since the EU admission show that in Romania, the inflation measured by the harmonized index of consumer prices has been on a downward trend, but is still relatively high, at an average rate of 3,2% in 2013. In Romania the price level is significantly lower as compared to the EU 15 average (46%, most probably this is due to the low per capita income level. In addition, the poor marketing and the low reputation of the domestic goods and services can also be regarded as factors reducing the convergence of prices in Romania and the EU.

Economic separatism in the European Union member states as a factor of regional security

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A A Shakhina

2014-12-01

Full Text Available The article is devoted to the examination of the economic separatism problem in the European Union member states. It considers specific of the regional separatist movements as exemplified by the conflicts in Scotland, Catalonia, Bavaria, Flanders. Various points of view on the relevance of the budgetary separatism for the European integration process are given in the article.

IMPORTANCE OF THE EUROPEAN BANKING UNION NEW DIRECTIVES

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MEDAR LUCIAN-ION

2014-10-01

Full Text Available European Banking Union has set new rules on monetary market especially for credit institutions and for financial banking groups in general. Economic and monetary union requires accomplishment of political and monetary union and democratic control of the European institutions on a single financial market. In this respect through its management organisms, EU has designed a series of unique mechanisms of financial union and called for a fiscal union. Union of European financial market is possible through a new regulation of the markets. In this project, monetary union of the EU member countries is possible by implementing single mechanism of supervision (Single Supervisory Mechanism and single mechanism of resolution (Single Resolution Mechanism. European Banking Union may be made by monitoring of a single banking supervisor based on a common system for managing and resolving banking crises and a uniform system of protecting people's savings. Romania opted for these unique mechanisms of macro-prudential supervision of the financial system. And by performing the real convergence criteria of integration, Romania will have all conditions of integration in the ,,euro area,,.

European economic policies, stock-flow relations and the great double crisis

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Vittorio Valli

2017-06-01

Full Text Available The 2007-2015 crisis has been the most devastating economic depression in the last seven decades. It has struck in different ways and with different amplitude the US and most European countries. In most countries it has been a double crisis (financial and real, but in Eurozone's financially vulnerable countries it has also badly worsened public finance indicators. There was therefore in those countries, a complex perverse feedback between public finance weakness, the harsh application of austerity policy and a further increase in the depth and duration of real and financial crisis. The paper focus on the importance of stock-flow relations in worsening and prolonging economic depressions triggered by structural bubbles or other chronic imbalances. It also gives a critical assessment of some aspects of EU economic policies, outlining some elements for a possible alternative economic strategy.

Networks of European cities in worlds of global economic and environmental change

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Ben Derudder

2010-11-01

Full Text Available Geographers use a variety of economic, social, and demographic data to measure the importance of global cities and the linkages between cities. We analyze the importance and connectedness of European cities using hyperlinks, or the electronic information provided by the Google Search engine. Hyperlinks are Web sites representing information that is produced; they are especially useful in measuring the impact of contemporary crises. We use the phrases economic slowdown and global financial crisis to derive a Global Financial Score (GFS for 16 core, semiperiphery and peripheral European cities and global warming and climate change to derive a Global Environmental Score (GES. London and Paris are in the European core; Rome, Dublin, Madrid and Prague are in the semiperiphery; while Tallinn, Riga, and Belgrade are in the periphery. A strong positive relationship exists between the GES and GFS. We examine the linkages of the 16 cities to the 100 largest world cities and illustrate, with “clockgrams,” the linkages London, Brussels and Athens have with other world cities. We calculated the number of linkages each of the 16 cities had with other world cities to identify Europe’s urban cores, semiperipheries, peripheries, and deep peripheries. New York is in the core of both the economic and environmental maps. Some world cities are in the semiperiphery of one category and periphery of another. Milan, Istanbul, and Delhi are in the deep periphery for the GFS while Toronto and Athens are for the GES. Hyperlinks represent valuable databases to measure the impact of crises and regional and global urban linkages.

Public Investment and Economic Growth in The European Union Member States

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Liliana DONATH

2009-06-01

Full Text Available The issue of public investments becamea very challenging subject for public decisionmakerssince it incorporates the question of stateperformance, the quality of public finance and theireffects on growth. The quality of public finance is amultidimensional concept. It may be regarded asrepresenting all the arrangements and operationsregarding the financial politics that sustain themacroeconomic objectives, particularly the longtermeconomic growth. Financial policies atEuropean level highlight the fact that a concentrationof the public expenses in areas that stimulate theeconomic growth and a more efficient use of thepublic resources are key methods for sustainingthe economic growth. The empirical proofs seem tosupport the assumption according to which certaintypes of public expenses can supply incentivesand other can negatively influence the economicgrowth. The paper tries to reveal the effects ofcapital spending on economic growth (GDP percapita for the European Union member states.The GDP per capita and the capital expenses(functional classification of public expenses -“COFOG” have been obtained by consideringthe Eurostat statistics, the measurement unit forboth variables is Euro, while the period of analysisis of 7 years (2000-2006.

Convergence of per capita carbon dioxide emissions in the EU: Legend or reality?

International Nuclear Information System (INIS)

Jobert, Thomas; Karanfil, Fatih; Tykhonenko, Anna

2010-01-01

Designing appropriate environmental and energy policies, in order to meet the Kyoto protocol's carbon dioxide (CO 2 ) reduction targets in the European Union (EU), requires a detailed examination and thorough understanding of CO 2 emission trends across the EU member states. This paper investigates whether CO 2 emissions have converged across 22 European countries over the 1971 to 2006 period. The Bayesian shrinkage estimation method is employed to do this work and the results reveal the following: first, the hypothesis of absolute convergence in per capita CO 2 emissions is supported and a slight upward convergence is observed; second, the fact that countries differ considerably in both their speed of convergence and volatility in emissions makes it possible to identify different groups of countries; third, the results with respect to convergence do not vary much once the share of industry in GDP is accounted for in a conditional convergence analysis. However, a decreasing share of industry in GDP seems to contribute to a decline in per capita emissions. These findings may carry important implications for both national and EU environmental policies.

The Development of Economic and Business Relations between PRC and European Union: Possible contribuition of economic and business schools administration schools

OpenAIRE

Murteira, Mário

1997-01-01

The contribution of economic and business administration schools in the relations between the PRC and the European Union. The influence of dominant trends in todays's world economy: globalization and regionalization.

Tax Shift by Economic Functions and Its Effect on Economic Growth in the European Union

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Irena Szarowská

2015-01-01

Full Text Available The aim of the paper is to examine effects of tax shift on economic growth and provide a direct empirical evidence in the European Union (EU. It is used the Eurostat’s definition to categorize tax burden by economic functions and implicit tax rates of consumption, labour and capital are investigated. First, paper summarizes main development of tax shift in a whole EU till 2014 and followed empirical analysis is based on annual panel data of 22 EU Member States in years 1995–2012 (time span is divided into a pre-crisis and a post-crisis period. Explanatory variables are not examined in individual regressions, but the study uses Generalized Method of Moments applied on dynamic panel data and estimations are based on Arellan-Bond estimator (1991. Results confirm positive and statistically significant impact of consumption taxes and weaker but negative effect of labour taxation on economic growth. In a post-crisis period, findings report raising labour taxes as the strongest and the only significant variable. It suggests that harmful effect of labour taxation is enlarging in a time of unfavorable economic conditions. A tax shift on capital taxation has negative but often statistically insignificant impact on economic growth.

Comparison of the Hungarian and Scottish communicable disease control systems: lessons for a convergent European Community.

Science.gov (United States)

Stefler, D; Bhopal, R

2010-03-01

European public health systems are converging, particularly in relation to communicable disease control. This process requires mutual learning through comparison; this was undertaken for Scotland (population 5.1 million) and Hungary (population 10.5 million). Using the official web- and paper-based publications, the practice of communicable disease control was compared between the two countries in three specific fields: seasonal influenza surveillance; human immunodeficiency virus (HIV) surveillance; and the childhood vaccination system. The organization structure for communicable disease control was very similar, comprising of government, national, regional and sub-regional tiers in Hungary, and government, national and local (sub-regional) tiers in Scotland. The influenza surveillance system in both countries was mainly based on the 'fluspotter system'. In the 2005/6, 2006/7 and 2007/8 seasons, there was no exceptional influenza activity in either country. Although the data collection and surveillance system of HIV is similar, there was a massive difference in the number of reported cases. In 2007, the cumulative incidence of reported HIV cases was 14.74/100,000 in Hungary and 105.21/100,000 in Scotland. The routine childhood vaccination schedule is similar in the two countries. However, while the vaccine uptake rates were nearly 100% in Hungary, these rates were lower in Scotland. The numbers of reported pertussis (98 vs 48), mumps (2741 vs 16), rubella (146 vs 0) and measles (168 vs zero) cases were significantly higher in Scotland than in Hungary. There were no differences for polio and chickenpox. The economic difference between the two countries not reflected in the efficiency of communicable disease control and in communicable disease patterns. The historical, political and cultural differences seem more determinative in this comparison. Copyright (c) 2010 The Royal Society for Public Health. Published by Elsevier Ltd. All rights reserved.

Unemployment and health selection in diverging economic conditions: Compositional changes? Evidence from 28 European countries.

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Heggebø, Kristian; Dahl, Espen

2015-11-04

Unemployment and health selection in diverging economic conditions: Compositional changes? Evidence from 28 european countries. People with ill health tend to be overrepresented among the unemployment population. The relationship between health and unemployment might, however, be sensitive to the overall economic condition. Specifically, the health composition of the unemployment population could change dramatically when the economy takes a turn for the worse. Using EU-SILC cross sectional data from 2007 (pre-crisis) and 2011 (during crisis) and linear regression models, this paper investigates the relationship between health and unemployment probabilities under differing economic conditions in 28 European countries. The countries are classified according to (i) the level of and (ii) increase in unemployment rate (i.e. >10 percent and doubling of unemployment rate = crisis country). Firstly, the unemployment likelihood for people with ill health is remarkably stable over time in Europe: the coefficients are very similar in pre-crisis and crisis years. Secondly, people with ill health have experienced unemployment to a lesser extent than those with good health status in the crisis year (when we pool the data and compare 2007 and 2011), but only in the countries with a high and rising unemployment rate. The health composition of the unemployment population changes significantly for the better, but only in those European countries that have been severely hit by the current economic crisis.

Higher education in Latin American: the necessary converge

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Rodolfo Joaquim Pinto da Luz

2005-01-01

Full Text Available This paper investigates the current status of higher education and its reflection upon economic and social policies in Latin American countries. The university, as one of the most important social institutions – due to its plurality of ideas, creativity and dynamic nature – produces scientific and technological research which transforms society. The present paper identifies the main evaluation and accreditation systems in the region and points out the necessity to converge Latin American education systems, aiming at strengthening and increasing competition in the region economy, taking as an example what has been happening in Europe with the signing of the Bologna Agreement, which in turn has created a common European higher education Space. To achieve this, it is necessary to encourage scientific and cultural exchange programs, review evaluation and accreditation systems and discuss curricula that allow for academic and professional mobility between Latin American countries.

The reform of the European energy tax directive: Exploring potential economic impacts in the EU27

International Nuclear Information System (INIS)

Rocchi, Paola; Serrano, Mònica; Roca, Jordi

2014-01-01

The aim of this study is to analyze the effect that the Energy Tax Directive reform proposed in 2011 would have, if implemented, on the level of prices in the different sectors of the 27 countries of the European Union. We apply a multiregional and multisectoral model of trade flows that takes into account all the intersectoral and intercountry interdependences in the production processes. Using the World Input–Output Database we perform two different simulations. The first one considers the tax changes proposed by the reform; the second one shows the impact the reform would have entailed if it were applied also to sectors belonging to the European Trade System. The main finding of the first simulation shows that the new energy tax regime would have had a low economic cost in terms of impact on prices (less than 1% in all the countries). So, the concerns about competitiveness do not find empirical support in our results, suggesting the need for further analyses to find out the reasons that caused the failure of a reform that was an important step to introduce a taxation explicitly linked to CO 2 emissions. The second simulation, however, leads to strongly different results, pointing out the relevance of maintaining significant economic incentives to reduce carbon emissions for the European Trade System sectors, by improving the emission market performance or by applying carbon taxation also to these sectors. - Highlights: • We analyze the reform of the European energy tax proposed in 2011, rejected in 2012. • We simulate what potential economic effect this reform would have if implemented. • We find that this reform would have weak effects on prices in all 27 EU countries. • We study the effect of the reform if applied to European emission market sectors. • In this second scenario, the economic impacts would have been much stronger

Donatello Strangio & Giuseppe Sancetta (Eds.), Italy in a European Context: Research in Business, Economics, and the Environment

OpenAIRE

CUCARI, Nicola

2016-01-01

Abstract. Contributing to support the diffusion of an European culture and sense of citizenship. This is the aim of the book “Italy in a European Context: Research in Business, Economics, and the Environment” edited by Donatella Strangio & Giuseppe Sancetta.  It is a collection of scholarly articles that cover the main issues related to role of Italy offering different perspectives ranging from economics and management, among others. It is a good read not only for students and scholars wi...

International Accounting Convergences Related to EU Admitance

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Niculae Feleaga

2006-05-01

Full Text Available Starting from January 1, 2005, member countries of the European Union began the obligatory or optional application of the international standards IAS/IFRS for consolidated accounts, what means a revolution in financial reporting of the enterprises. In regards to the individual accounts (generally based on the national book-keeping standards these will converge gradually to referential international book-keeper on short and medium term. At the world level the process which dominates the accounting systems is the convergence between american and international reference system, followed immediatly more or less by the convergence between national accounting systems and the international one. Where Romania and its specialists are situated confronting this process? A reflection subject which finalises this article.

Public Governance and Economic Growth in the Transitional Economies of the European Union

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Yilmaz BAYAR

2016-06-01

Full Text Available According to new growth theories, public governance is an important determinant for sustained economic growth. This study examines the impact of six public governance indicators, including voice and accountability, political stability and the absence of violence/terrorism, government effectiveness, regulatory quality, rule of law and control of corruption, on the economic growth in the transitional economies of the European Union during the 2002-2013 period. The results show that all governance indicators except regulatory quality had a statistically significant positive impact on economic growth. Our findings also indicate that control of corruption and rule of law had the largest impact on economic growth, while political stability had the lowest impact.

Varieties of European Economic Law and Regulation : Liber Amicorum for Hans Micklitz

NARCIS (Netherlands)

Purnhagen, K.; Rott, P.

2014-01-01

This is the first book to comprehensively analyze the work of Hans Micklitz, one of the leading scholars in the field of EU economic law. It brings together analysts, academic friends and critics of Hans Micklitz and results in a unique collection of essays that evaluate his work on European

Measuring Sustainable Competitiveness in Contemporary Economies—Insights from European Economy

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Gheorghe H. Popescu

2017-07-01

Full Text Available The recent transformation of the national economies has raised numerous theoretical and practical aspects in measuring economic growth, welfare, environmental performance, and competitiveness, representing a challenging research topic within the context of economic paradigm transformation. Despite its importance, a fully operational model to be used in any context has not yet been designed. The main aim of this paper is to evaluate and analyze the macroeconomic dimension of the three determinants of sustainable competitiveness: the economic environment, the social environment, and the natural environment, at both the European and Romanian levels. This paper used the Hierarchical Clustering methodology, aiming at evaluating the global competitiveness in terms of a sustainable development model, using four indices: Human Development Index, Environmental Performance Index, Global Competitiveness Index, and GDP per capita. The clusters were designed on the basis of the role of the indices in assessment of the sustainable performances of the countries and also of the possible convergences between them. The results could sustain the conclusion that these indices are not able to offer an exhaustive image of the sustainable performances assessment. A new complex indicator could be considered in order to design a convergence model for the EU member states.

Innovation diffusion, technological convergence and economic growth

OpenAIRE

R. Andergassen; F. Nardini; M. Ricottilli

2013-01-01

The paper investigates the mechanics through which novel technological principles are developed and diffused throughout an economy consisting of a technologically heterogeneous ensemble of firms. In the model entrepreneurs invest in the discovery and in the diffusion of a technological principle and their profit flow depends on how many firms adopt the innovation and on how long it takes other entrepreneurs to improve it. We show that technological convergence emerges from the competition amo...

Socio-economic factors and suicide rates in European Union countries.

Science.gov (United States)

Ferretti, Fabio; Coluccia, Anna

2009-04-01

Are socio-economic factors valid determinants of suicide? The modern sociological theory of suicide is based on Durkheim's studies. In addition to these fundamental social determinants, modern theorists have put more attention on economic factors. The purpose of the research is to determine the relationship between suicide rates and socio-economic factors, such as demography, economic development, education, healthcare systems, living conditions and labour market. All data were collected from a Eurostat publication and they concern 25 European Union countries. In order to test this relationship, a discriminant analysis was performed using an ordinal dependent variable and a set of independent variables concerning socio-economic factors. A dataset of 37 independent variables was used. We estimated a model with five variables: annual growth rates for industry, people working in S&T (% of total employment), at-risk-of-poverty rate, all accidents (standardized rates), and healthcare expenditures (% of GDP). Highly significant values of Wilk's Lambda assess a good discriminating power of the model. The accuracy too is very high: all cases are correctly classified by the model. Countries with high suicide rate levels are marked by high levels of at-risk-of-poverty rates, high annual growth rates for industry and low healthcare expenditures.

Convergences and Hybridization of Educational Policies around "Post-Bureaucratic" Models of Regulation

Science.gov (United States)

Maroy, Christian

2009-01-01

Our purpose is to document convergences and divergences in the mode of institutional regulation of the education systems in five European countries (Belgium, England, France, Hungary and Portugal). On the national level, partially convergent policies create, to varying degrees and with different temporal rhythms, variants of a post-bureaucratic…

Electricity intensity across Chinese provinces: New evidence on convergence and threshold effects

International Nuclear Information System (INIS)

Herrerias, M.J.; Liu, G.

2013-01-01

Energy intensity has gone through different stages across Chinese regions. In this paper, we investigate the stochastic electricity-intensity convergence across the Chinese provinces. Unlike previous work, this paper highlights the relevance of the level of technology of each province and takes into account the economic geography through the examination of club convergence. We perform several unit root tests that introduce structural breaks, nonlinearities and time variation, with the aim to capture the economic transformation of the Chinese economy. Results indicate that the majority of the Chinese regions have converged according to the unit-root tests in time-series analysis, indicating that technological differences diminish over time. However, this convergence pattern occurs within groups of regions, according with club convergence test. Indeed, we find a dominant club and others smaller clubs that few regions belong. However, it is observed that there are regions that still diverge. These findings support our argument that special policy attention is required for those regions displaying divergence. - Highlights: ► Electricity-intensity convergence across the Chinese provinces is investigated. ► We use monthly data. ► We highlight the relevance of the level of technology of each province and the economic geography. ► Recent unit root tests are employed. ► We found club convergence

Convergence in carbon dioxide emissions among industrialised countries revisited

International Nuclear Information System (INIS)

Romero-Avila, Diego

2008-01-01

This paper examines the existence of stochastic and deterministic convergence of carbon dioxide (CO 2 ) emissions in 23 countries over the period 1960-2002. For that purpose, we conduct unit root testing by employing the recently developed panel stationarity test of Carrion-i-Silvestre et al. [Carrion-i-Silvestre, J-L, del Barrio-Castro, T., Lopez-Bazo, E., 2005. Breaking the panels: An application to the GDP per capita. Econometrics Journal 8, 159-175] which assumes a highly flexible trend function by incorporating an unknown number of structural breaks. We accommodate general forms of cross-sectional dependence as well as control for finite-sample bias through bootstrap methods. Overall, our analysis provides strong evidence supporting both stochastic and deterministic convergence in CO 2 emissions, thus confirming Strazicich and List [Strazicich, M.C., List, J.A., 2003. Are CO 2 emission levels converging among industrial countries? Environmental and Resource Economics 24, 263-271] and Westerlund and Basher [Westerlund, J., Basher, S.A., 2007. Testing for convergence in carbon dioxide emissions using a century of panel data. Environmental and Resource Economics, forthcoming] findings of convergence

The new economic governance in the EU Member States. Macroeconomic results and statistical correlations for Romania

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Mirela Cristea

2016-12-01

Full Text Available In the current economic context of economic and financial crisis, many European countries are facing with fundamental issues and trends that are unsustainable on the long term. In these circumstances, we have developed the present study which analyzes the EU strategies for establishing a new economic governance for all Member States. We present the perspective of Romania’s macroeconomic stability in the European context, in its process for accession to the EMU, through the nominal and real convergence criteria. On this background, we make a statistical study on the direction of causality relation between GDP and the main factors of the influence at the macroeconomic level. Reviving growth, as predicted by Romanian institutions, would produce major benefits to act extensively through coherent policies to balance the money market, the labor market and the fiscal framework

Regional Convergence and Sustainable Development in China

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Fang Yang

2016-01-01

Full Text Available Based on the convergence theory of economic growth, this paper extends this concept to the human development index and carries out an empirical analysis of regional development in China between 1997 and 2006. Our research shows that the conditional convergence has been identified. Investment in fixed assets, government expenditure on education, health and infrastructure construction have positive effects on regional convergence of social development. Population weighted analysis of human development index provides support for weak convergence amongst provinces. Analysis of dynamics of regional distribution reveals the club convergence, which indicate two different convergence states. Central China is in the shade and lags behind, giving rise to the so-called “central downfall”. To solve this problem, the “Rise of Central China” Plan is necessary to promote the connection between coastal and inland regions of China and reduce the regional development gap.

Privatization, convergence, and institutional autonomy

NARCIS (Netherlands)

Rooijen, van M.

2011-01-01

Some of the trends incoming for 2011 – greater institutional autonomy, public/private convergence, entrepreneurial management, civic engagement – suggest innovation for hard times, with socio-economic and political rationales increasingly driving borderless developments. Others – open learning and

SOCIAL COSTS OF THE EUROPEAN UNION IN THE CONTEXT OF THE ECONOMIC-FINANCIAL CRISIS

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Andreea Gradinaru

2013-12-01

Full Text Available The start of the financial crisis in mid-2007 at a global scale had a major impact on the European Union’s economy. All member states have been economically affected, but the social effects were mainly of large amplitude. This paper focuses precisely on analysing the social costs which the economic-financial crisis has generated in the European Union. After finishing the study we have noticed that numerous social consequences of the recession have manifested intensely since the beginning of the crisis and continue to do so even today. These consist in the increase of poverty and social exclusion, rise in unemployment, decrease in birth rate, changes regarding the migration process, reduction in income, excessive indebtedness, the disparities between countries contributing to the augmentation of all these.

SUSTAINABLE GROWTH: RECENT TRENDS ACROSS CENTRAL AND EASTERN EUROPEAN ECONOMIES

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Mihut Ioana

2014-07-01

Full Text Available What is economic growth? Although the answer to this question may seems of real simplicity, developing an accurate definition of this concept may constitute a real challenge both from a theoretical but also empirical point of view. This constant debate upon the concept of economic growth as well as indentifying the optimum set of instruments for quantifying it, constituted the starting point of the current article. The concept of economic growth is used nowadays complementary to terms like economic development, economic welfare or economic progress with reference to this complex process that implies macro-scale structures. Moreover indentifying the main factors that generate a significant impact upon the dynamics of the economic growth process, constitute a useful approach taking into consideration the high degree of heterogeneity that characterize the architecture of the economies around the world. If we develop this analysis across the European Union member states this debate became even more challenging due to the high degree of diversity that characterize these economies. Moreover, the Central and Eastern European countries and especially the ones that joined EU in 2004 and 2007 embody a set of particularities that make them extremely different from the rest of the European Union member states, features related to the historical background, economic policies and common efforts to intensify the convergence process with the more developed EU members. This paper studies the impact of two main factors upon the economic growth process namely an endogenous-exogenous factor like the degree of openness and an endogenous factor like the human capital using a complex dynamic panel method. The arguments that were in favour of choosing this two factors are on one hand the multitude of theoretical studies that argued the importance of them in modelling the economic growth process and on the other hand the small number of studies that use panel methods in

Economic evaluation of vaccines : specificities and future challenges illustrated by recent European examples

NARCIS (Netherlands)

Postma, M.J.; Westra, T.A.; Quilici, S.; Largeron, N.

2013-01-01

This study reviews the current challenges in the economic evaluation of vaccines with a focus on European countries. In particular, the type of clinical evidence generally available, the impact of discounting for time preference and the use of modeling to derive valid cost-effectiveness assessments

Economic evaluation of vaccines : specificities and future challenges illustrated by recent European examples

NARCIS (Netherlands)

Postma, Maarten J; Westra, Tjalke A; Quilici, Sibilia; Largeron, Nathalie

This study reviews the current challenges in the economic evaluation of vaccines with a focus on European countries. In particular, the type of clinical evidence generally available, the impact of discounting for time preference and the use of modeling to derive valid cost-effectiveness assessments

Technical and economic analysis of the European electricity system with 60% RES

International Nuclear Information System (INIS)

Burtin, Alain; Silva, Vera

2015-01-01

This document examines the impacts of the integration of a large share of variable renewable generation into the generation mix of the European interconnected electricity system. The analysis, which is based on the results of long term studies performed by EDF R and D, aims at improving the current understanding of the technical and economic feasibility of a massive deployment of wind and PV across the European system. The document addresses several aspects of the system integration of variable generation in particular, including the characterization of variable RES generation, the need for generation and interconnection infrastructure, the impacts on short-term system operation and market profitability. (authors)

Economic efficiency of extensive livestock production in the European Union

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Nastić Lana

2017-01-01

Full Text Available Various types of extensive livestock production are present worldwide, primarily in regions where natural resources such as pastures and meadows could be used. Extensive livestock production is common in the EU, as well. Therefore the goal of this research was to establish economic efficiency of extensive livestock production types and to compare their efficiency with some intensive livestock production types. In order to achieve that goal FADN (Farm Accountancy Data Network methodology was used. Source of information was FADN database as well as appropriate sector analysis and publications of European commission. It has been determined that sheep and goat production is competitive with intensive production types (dairy and granivores - pigs and poultry. Cattle production (other than dairy production proved to be economically inefficient due to low output level.

Convergence and determinants of health expenditures in OECD countries.

Science.gov (United States)

Nghiem, Son Hong; Connelly, Luke Brian

2017-08-17

This study examines the trend and determinants of health expenditures in OECD countries over the 1975-2004 period. Based on recent developments in the economic growth literature we propose and test the hypothesis that health care expenditures in countries of similar economic development level may converge. We hypothesise that the main drivers for growth in health care costs include: aging population, technological progress and health insurance. The results reveal no evidence that health expenditures among OECD countries converge. Nevertheless, there is evidence of convergence among three sub-groups of countries. We found that the main driver of health expenditure is technological progress. Our results also suggest that health care is a (national) necessity, not a luxury good as some other studies in this field have found.

Protecting Socio-Economic Rights Through the European Convention on Human Rights : Trends and Developments in the European Court of Human Rights

NARCIS (Netherlands)

E. Palmer (Ellie)

2009-01-01

textabstractThis article is concerned with jurisprudential trends and developments in the protection of socio-economic rights through the interpretation of the European Convention on Human Rights (ECHR). It focuses on the potential to gain access to health care and welfare services, and the

Surveillance perspective on Lyme borreliosis across the European Union and European Economic Area.

Science.gov (United States)

van den Wijngaard, Cees C; Hofhuis, Agnetha; Simões, Mariana; Rood, Ente; van Pelt, Wilfrid; Zeller, Herve; Van Bortel, Wim

2017-07-06

Lyme borreliosis (LB) is the most prevalent tick-borne disease in Europe. Erythema migrans (EM), an early, localised skin rash, is its most common presentation. Dissemination of the bacteria can lead to more severe manifestations including skin, neurological, cardiac, musculoskeletal and ocular manifestations. Comparison of LB incidence rates in the European Union (EU)/European Economic Area (EEA) and Balkan countries are difficult in the absence of standardised surveillance and reporting procedures. We explored six surveillance scenarios for LB surveillance in the EU/EEA, based on the following key indicators: (i) erythema migrans, (ii) neuroborreliosis, (iii) all human LB manifestations, (iv) seroprevalence, (v) tick bites, and (vi) infected ticks and reservoir hosts. In our opinion, neuroborreliosis seems most feasible and useful as the standard key indicator, being one of the most frequent severe LB manifestations, with the possibility of a specific case definition. Additional surveillance with erythema migrans as key indicator would add value to the surveillance of neuroborreliosis and lead to a more complete picture of LB epidemiology in the EU/EEA. The other scenarios have less value as a basis for EU-level surveillance, but can be considered periodically and locally, as they could supply complementary insights. This article is copyright of The Authors, 2017.

HOW DOES ECONOMIC FREEDOM INFLUENCE THE RELATIONSHIP BETWEEN GOVERNMENT SIZE AND CONVERGENCE?

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Nadasi Levente

2015-07-01

Full Text Available In this paper we present some empirical results about absolute and conditional convergence of real GDP within 121 countries using cross-country data. We assume that there is an inverted U-shaped curve, which describes the relationship between economic growth and government spending. It is mainly because the institutional conditions of productivity do not exist at lower levels of government spending. At higher levels, the government needs to levy higher taxes to finance its expenditures, which hinders growth. So there can be somewhere an optimal government redistribution level that maximizes growth. This optimal level depends on institutional factors that can be grabbed by certain Economic Freedom and Worldwide Governance Indicators. It was not our aim necessarily to determine exactly the level of optimal government redistribution, it would be difficult because of the heterogeneity of the countries, only to make a comparison between free and less free countries, and draw some conclusions about how this level depends on these institutional variables. Summing up we can say that our aim was to compare free and less free, legally “good” and “bad”, as well as corrupt and less corrupt countries from the aspect of government redistribution level. If we divide countries into free and less free countries and assume that both groups have an inverted U-shaped curve, the optimal level of government spending share is larger in the richer countries because of their better institutional system. These results do not contradict those findings that declare positive or negative relationship between government spending and economic growth. One part of the literature presumes that there is only one optimal level of government spending, we point out that there can be at least two optimal levels, and they depend on the institutional quality.

Editorial statement: The first year of the European Journal of Government and Economics

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Diego Varela

2012-12-01

Full Text Available In this editorial statement we present a balance of the first year of life of the European Journal of Government and Economics. We discuss the main developments that concern the journal’s indexation by academic databases. We also comment on the approval of a code of publication ethics and malpractice. Finally, we emphasise the dangers of excessive technical sophistication and the need to keep an integrated approach between the fields of political science and economics, according to the spirit of the journal.

Influence Factors of the Economic Development Level Across European Countries

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Diana Ioana POPA

2016-06-01

Full Text Available The economic development level of a country refers to the measure of the progress in an economy that could be measured, especially through GDP or GDP per capita. The level of these indicators can be influenced by many factors as a large scale, from social and economical to environmental and government policies factors. The paper aims to investigate some of these influence factors of the economic development level, represented in this case by GDP per capita, across European countries in the context of the most recently crisis, named the Great Recession (2008 and after, when the economies are starting to recover (2013. Using linear regression in R (lm function, the goal is to explain the relationship between the interest variable (GDP per capita and certain independent variables. It is expected that even tough the estimators are to be different – as level – in both cases studied, the relationship type between them to be the same. The goodness of fit for the models used will be made based on ANOVA.

Impact of the economic recession on the European power sector's CO2 emissions

International Nuclear Information System (INIS)

Declercq, Bruno; Delarue, Erik; D'haeseleer, William

2011-01-01

This paper investigates the impact of the economic recession on CO 2 emissions in the European power sector, during the years 2008 and 2009. Three main determinants of the power sector's emissions are identified: the demand for electricity, the CO 2 price, and fuel prices. A counterfactual scenario has been set up for each of these, i.e., what these parameters would have been if not affected by the recession. A simulation model of the European power sector is then employed, comparing a historical reference simulation (taking the parameters as actually occurred) with the counterfactual scenarios. The lower electricity demand (due to the recession) is shown to have by far the largest impact, accounting for an emission reduction of about 175 Mton. The lower CO 2 price (due to the recession) resulted in an increase in emissions by about 30 Mton. The impact of fuel prices is more difficult to retrieve; an indicative reduction of about 17 Mton is obtained, mainly as a consequence of the low gas prices in 2009. The simulated combined impact of the parameters results in an emission reduction of about 150 Mton in the European power sector over the years 2008 and 2009 as a consequence of the recession. - Research highlights: → CO 2 emissions are simulated for the European power sector. → Emissions reduced drastically because of the economic recession in 2008 and 2009. → Lower electricity demand had highest impact and accounts for reduction of about 175 Mton. → Impact of different CO 2 and fuel prices on emissions is more limited.

Investigation of Economic Impacts of Economic Partnership Agreements between Sub-Saharan Africa and European Union

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Metin Pişkin

2016-06-01

Full Text Available This study tries to quantify the economic effects of Economic Partnership Agreements (EPAs which have been negotiating between sub-Saharan Africa (SSA and European Union (EU. The study addresses the following questions:  How are African countries likely to gain or lose from a bilateral trade liberalisation between Africa and the EU?, what are the welfare implications for the African countries from the EPAs?, how will the formation of EPAs affect trade expansion through trade creation and trade diversion effects?, what are the potential fiscal implications of the EPAs. Even though the full reciprocity principle appears to be trade expanding (singularly infavour of EU, this study indicates that it will pose serious implications for deepening of regional integration in Africa because of trade diversion effect between African countries.  Another key finding is welfare effect through the way of trade expantion between EU and SSA.

ONTOLOGY MAPPING IN THE RESILIENCE STUDY: THE ORGANIZATIONAL PERSPECTIVE FOR EUROPEAN UNION CASE

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Tiberiu-Tudor SALANŢIU

2017-12-01

Full Text Available The ontology mapping in resilience surveillance on organization level can found utilization in analysis of association between idiosyncrasies and structure adaptability. Starting from the data regarding the economic trends for European Union members from 2014 to 2016 the aim of the research is to analyse the European Union resilience through interpretation of the link between members behaviour and structure convergence. The members positioned in European Union was analysed after organization clusterization of the twenty-eight state members. Two different structures are included into analysis for the studied periods: a structure which incorporates just the state members, and other which also take into account the eurozone blue-chips. In order to analyse the members’ relation in structure a gravity model has been developed, the obtained results for each state members pair are contained in a skew matrix. The values are interpreted through a knowledge-base to highlight the European Union resilience degree.

Convergence of the Policies for Promoting Total Quality Management in the Public Administrations of Balkan States – European Union Member States

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Ani MATEI

2011-03-01

Full Text Available In the past three decades, total quality management (TQM has been appreciated as “fundamental modality in view to improve the activity in the public and private sectors” (Boyne and Walker, 2002, p. 1. For the time being, in public administrations, we witness an extension of the policies for promoting TQM, although the experiences have not always been positive.The European Administrative Space (EAS incorporates TQM, in different manners at national level, taking into consideration its recognised impact on the efficiency of public administration, one of EAS fundamental principles (Zurga, 2008, pp. 39-49. In the context of analysing EAS evolution, the administrative convergence will also comprise the convergence of TQM policies. In fact, the field literature (Hackman, Wageman, 1995 reveals, in the context of national TQM policy-making, the concepts of ”Convergent validity” and ”Discriminant validity”, reflecting ”the degree to which the version of TQM promulgated by the founders and observed in organizational practice share a common set of assumptions and prescriptions” (Hackman, Wageman, 1995, pp. 318-319.By a comparative analysis on TQM policies in the national public administrations of Balkan states, EU Member States: Greece, Cyprus, Slovenia, Bulgaria and Romania, the current paper aims to reveal the level of their convergence as well as the theoretical consistency of the conceptual and practical framework for TQM assertion.The comparative analysis will be based on a comprehensive vision on TQM, provided by Dean and Bowen (1994, Boyne and Walker (2002, namely its approach should be characterised on own principles, practices and techniques, grouped on customer focus, continuous improvement and team work (Boyne and Walker, 2002, pp. 4-5.The tradition on promoting TQM in public administration in the above-mentioned states is relatively recent: since 1990s – Cyprus, since 1995 – Greece and Slovenia, since 2000 – Bulgaria and

Livestock-associated meticillin-resistant Staphylococcus aureus (MRSA) among human MRSA isolates, European Union/European Economic Area countries, 2013.

Science.gov (United States)

Kinross, Pete; Petersen, Andreas; Skov, Robert; Van Hauwermeiren, Evelyn; Pantosti, Annalisa; Laurent, Frédéric; Voss, Andreas; Kluytmans, Jan; Struelens, Marc J; Heuer, Ole; Monnet, Dominique L

2017-11-01

Currently, surveillance of livestock-associated meticillin-resistant Staphylococcus aureus (LA-MRSA) in humans in Europe is not systematic but mainly event-based. In September 2014, the European Centre for Disease Prevention and Control (ECDC) initiated a questionnaire to collect data on the number of LA-MRSA from human samples (one isolate per patient) from national/regional reference laboratories in European Union/European Economic Area (EU/EEA) countries in 2013. Identification of LA-MRSA as clonal complex (CC) 398 by multilocus sequence typing (MLST) was preferred, although surrogate methods such as spa -typing were also accepted. The questionnaire was returned by 28 laboratories in 27 EU/EEA countries. Overall, LA-MRSA represented 3.9% of 13,756 typed MRSA human isolates, but it represented ≥ 10% in five countries (Belgium, Denmark, Spain, the Netherlands and Slovenia). Seven of the reference laboratories did not type MRSA isolates in 2013. To monitor the dispersion of LA-MRSA and facilitate targeted control measures, we advocate periodic systematic surveys or integrated multi-sectorial surveillance.

Will history repeat itself? Economic convergence and convergence in energy use patterns

International Nuclear Information System (INIS)

Jakob, Michael; Haller, Markus; Marschinski, Robert

2012-01-01

In this paper, a difference-in-differences estimator on panel data for 30 developing and 21 industrialized countries is employed over the period 1971–2005 to examine how patterns of energy use (characterized by the consumption of primary energy carriers, sectoral energy use and carbon emissions) are changing in the process of economic development. For the average developing country in our sample, the results indicate that economic catch-up has been accompanied by above-average growth of the use of most primary energy carriers, the consumption of final energy in most sectors and total CO 2 emissions. For industrialized countries, we find that economic growth is partially decoupled from energy consumption and that above average rates of economic growth were accompanied by larger improvements in energy efficiency. These results emphasize the need to identify the relevant engines of economic growth, their implications for energy use and possibilities to achieve low-carbon growth centered on productivity and efficiency improvements rather than on capital accumulation. - Highlights: ► For developing countries, the hypothesis of ‘leap-frogging’ is rejected. ► For OECD countries, economic growth is partially decoupled from energy use. ► For OECD countries, higher rates of growth are related to energy efficiency improvements. ► Low-carbon growth requires productivity and efficiency improvements.

Student workload estimation to pass a statistics course in Economics and Business Administration

OpenAIRE

Jano, María Dolores; Ortiz Serrano, Salvador

2007-01-01

The convergence process in Higher Education in Europe implies a radical change in the teacher’s practice. One of the fundamental questions in the harmonization process stems from the way credits are allocated by the ECTS (European Credit Transfer System). This article analyzes diverse methodologies for the estimation of student workload, with results regarding the time students need to successfully complete the Descriptive Statistics course in Economics and Business Administration. The obtain...

Convergence in carbon dioxide emissions among industrialised countries revisited

Energy Technology Data Exchange (ETDEWEB)

Romero-Avila, Diego [Pablo de Olavide University, Department of Economics, Carretera de Utrera, Km. 1, 41089, Seville (Spain)

2008-09-15

This paper examines the existence of stochastic and deterministic convergence of carbon dioxide (CO{sub 2}) emissions in 23 countries over the period 1960-2002. For that purpose, we conduct unit root testing by employing the recently developed panel stationarity test of Carrion-i-Silvestre et al. [Carrion-i-Silvestre, J-L, del Barrio-Castro, T., Lopez-Bazo, E., 2005. Breaking the panels: An application to the GDP per capita. Econometrics Journal 8, 159-175] which assumes a highly flexible trend function by incorporating an unknown number of structural breaks. We accommodate general forms of cross-sectional dependence as well as control for finite-sample bias through bootstrap methods. Overall, our analysis provides strong evidence supporting both stochastic and deterministic convergence in CO{sub 2} emissions, thus confirming Strazicich and List [Strazicich, M.C., List, J.A., 2003. Are CO{sub 2} emission levels converging among industrial countries? Environmental and Resource Economics 24, 263-271] and Westerlund and Basher [Westerlund, J., Basher, S.A., 2007. Testing for convergence in carbon dioxide emissions using a century of panel data. Environmental and Resource Economics, forthcoming] findings of convergence. (author)

Convergence

Science.gov (United States)

Darcie, Thomas E.; Doverspike, Robert; Zirngibl, Martin; Korotky, Steven K.

2005-01-01

synchronous optical network) multiplexing hierarchy. From this common underlying theme follow many specific instantiations. Examples include the convergence at the physical, logical, and operational levels of voice and data, video and data, private-line and virtual private-line, fixed and mobile, and local and long-haul services. These trends have many consequences for consumers, vendors, and carriers. Faced with large volumes of low-margin data traffic mixed with traditional voice services, the need for capital conservation and operational efficiency drives carriers away from today's separate overlay networks for each service and towards "converged" platforms. For example, cable operators require transport of multiple services over both hybrid fiber coax (HFC) and DWDM transport technologies. Local carriers seek an economical architecture to deliver integrated services on optically enabled broadband-access networks. Services over wireless-access networks must coexist with those from wired networks. In each case, convergence of networks and services inspires an important set of questions and challenges, driven by the need for low cost, operational efficiency, service performance requirements, and optical transport technology options. This Feature Issue explores the various interpretations and implications of network convergence pertinent to optical networking. How does convergence affect the evolution of optical transport-layer and control approaches? Are the implied directions consistent with research vision for optical networks? Substantial challenges remain. Papers are solicited across the broad spectrum of interests. These include, but are not limited to: Architecture, design and performance of optical wide-area-network (WAN), metro, and access networks Integration strategies for multiservice transport platforms Access methods that bridge traditional and emerging services Network signaling and control methodologies All-optical packet routing and switching techniques

Convergence

Science.gov (United States)

Darcie, Thomas E.; Doverspike, Robert; Zirngibl, Martin; Korotky, Steven K.

2005-09-01

data, video and data, private-line and virtual private-line, fixed and mobile, and local and long-haul services. These trends have many consequences for consumers, vendors, and carriers. Faced with large volumes of low-margin data traffic mixed with traditional voice services, the need for capital conservation and operational efficiency drives carriers away from today's separate overlay networks for each service and towards "converged" platforms. For example, cable operators require transport of multiple services over both hybrid fiber coax (HFC) and DWDM transport technologies. Local carriers seek an economical architecture to deliver integrated services on optically enabled broadband-access networks. Services over wireless-access networks must coexist with those from wired networks. In each case, convergence of networks and services inspires an important set of questions and challenges, driven by the need for low cost, operational efficiency, service performance requirements, and optical transport technology options. This Feature Issue explores the various interpretations and implications of network convergence pertinent to optical networking. How does convergence affect the evolution of optical transport-layer and control approaches? Are the implied directions consistent with research vision for optical networks? Substantial challenges remain. Papers are solicited across the broad spectrum of interests. These include, but are not limited to: Architecture, design and performance of optical wide-area-network (WAN), metro, and access networks Integration strategies for multiservice transport platforms Access methods that bridge traditional and emerging services Network signaling and control methodologies All-optical packet routing and switching techniques To submit to this special issue, follow the normal procedure for submission to JON, indicating "Convergence feature" in the "Comments" field of the online submission form. For all other questions relating to this

PUBLIC POLICY, QUALITY OF INTITUTION AND ECONOMIC GROWTH IN CENTRAL AND EASTERN EUROPEAN COUNTRIES

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DOGARU DORIN-MADALIN

2015-04-01

Full Text Available This paper analyzes the relationship between economic performance and institutional development in several Central and Eastern European Countries. Our meta-argument is that the structural transformations at the levels of the quantitative variables and mechanisms are only a part of the transition processes. In order to view the big picture, the qualitative aspects related to public policies and institutions should also be considered. We test the linkages between the quality of public policies and institutions for seven Central and Eastern European countries (Bulgaria, Poland, Czech Republic, Hungary, Slovenia, Slovakia and Romania for a time span between 2001 and 2011. These countries are displaying a certain degree of heterogeneity in terms of economic performances and the design and implementation of public policies. We use for our analysis the World Bank indicators from World Wide Governance Indicators. In order to deal with the potential reverse causality issues, we employ Generalized Method of Moments Framework (GMM by using the lagged variables as instruments. The impact of governance indicators is statistically significant even if we use several control variables: exchange rate, unemployment, current account deficit, taxes burden and price stability. The corresponding Sargan and Arellano-Bond test for zero autocorrelation in first-differenced errors tests shows that the results display a corresponding robustness. The main policy implications for our findings may be synthesized by the thesis, according to which a proper design of public policies, a high degree of their effectiveness and accountability, a stable social and political environment together with the rule of law and efficient anticorruption mechanisms are critical determinants of economic growth even in emerging markets. The impact of the government “size , economic structure and markets” mechanisms , monetary policy and price stability , ownership structure and legal rights

Can "extreme poverty" protect against refoulement? : Economic refugees in the light of recent case law of the European Court of Human Rights

NARCIS (Netherlands)

Flegar, Veronika

2015-01-01

“Economic refugees” largely remain outside the international protection regimes of refugee and human rights law. Nevertheless, recent case law of the European Court of Human Rights (ECtHR) opens up limited possibilities for economic refugees to rely on Article 3 of the European Convention on Human

Ecomorphological convergence in planktivorous surgeonfishes.

Science.gov (United States)

Friedman, S T; Price, S A; Hoey, A S; Wainwright, P C

2016-05-01

Morphological convergence plays a central role in the study of evolution. Often induced by shared ecological specialization, homoplasy hints at underlying selective pressures and adaptive constraints that deterministically shape the diversification of life. Although midwater zooplanktivory has arisen in adult surgeonfishes (family Acanthuridae) at least four independent times, it represents a clearly specialized state, requiring the capacity to swiftly swim in midwater locating and sucking small prey items. Whereas this diet has commonly been associated with specific functional adaptations in fishes, acanthurids present an interesting case study as all nonplanktivorous species feed by grazing on benthic algae and detritus, requiring a vastly different functional morphology that emphasizes biting behaviours. We examined the feeding morphology in 30 acanthurid species and, combined with a pre-existing phylogenetic tree, compared the fit of evolutionary models across two diet regimes: zooplanktivores and nonzooplanktivorous grazers. Accounting for phylogenetic relationships, the best-fitting model indicates that zooplanktivorous species are converging on a separate adaptive peak from their grazing relatives. Driving this bimodal landscape, zooplanktivorous acanthurids tend to develop a slender body, reduced facial features, smaller teeth and weakened jaw adductor muscles. However, despite these phenotypic changes, model fitting suggests that lineages have not yet reached the adaptive peak associated with plankton feeding even though some transitions appear to be over 10 million years old. These findings demonstrate that the selective demands of pelagic feeding promote repeated - albeit very gradual - ecomorphological convergence within surgeonfishes, while allowing local divergences between closely related species, contributing to the overall diversity of the clade. © 2016 European Society For Evolutionary Biology. Journal of Evolutionary Biology © 2016 European

Economic Inequalities and the Level of Decentralization in European Countries: Cluster Analysis

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Laboutková Šárka

2016-12-01

Full Text Available This submitted article identifies relations between the degree of decentralization and economic imbalances on the basis of a cluster (exploratory analysis. Two indicators have been chosen for measuring economic inequalities: an indicator of dispersion of regional GDP per capita as representative of the performance imbalances within countries (it measures the economic development gap among regions in European countries; and a multidimensional inequality-adjusted human development index as representative of inequalities in the distribution of wealth in the countries. Decentralization is measured by means of a decentralization index, which contains both quantitative and qualitative components. Although groups of countries characterised by a high degree of decentralization do not necessarily show the lowest degrees of economic imbalances, it is however possible to conclude that the countries in groups with a higher degree of decentralization are among those countries with more favourable values of the economic imbalances indicators monitored. As a part of the research, two clusters of countries were identified which are identical in their degree of decentralization, but differ in the results connected with economic imbalances. The differences are caused by different institutional qualities in the two groups.

Globalization and Contemporary Fertility Convergence.

Science.gov (United States)

Hendi, Arun S

2017-09-01

The rise of the global network of nation-states has precipitated social transformations throughout the world. This article examines the role of political and economic globalization in driving fertility convergence across countries between 1965 and 2009. While past research has typically conceptualized fertility change as a country-level process, this study instead employs a theoretical and methodological framework that examines differences in fertility between pairs of countries over time. Convergence in fertility between pairs of countries is hypothesized to result from increased cross-country connectedness and cross-national transmission of fertility-related schemas. I investigate the impact of various cross-country ties, including ties through bilateral trade, intergovernmental organizations, and regional trade blocs, on fertility convergence. I find that globalization acts as a form of social interaction to produce fertility convergence. There is significant heterogeneity in the effects of different cross-country ties. In particular, trade with rich model countries, joint participation in the UN and UNESCO, and joining a free trade agreement all contribute to fertility convergence between countries. Whereas the prevailing focus in fertility research has been on factors producing fertility declines, this analysis highlights specific mechanisms-trade and connectedness through organizations-leading to greater similarity in fertility across countries. Globalization is a process that propels the spread of culturally laden goods and schemas impinging on fertility, which in turn produces fertility convergence.

European Utility Requirements: European nuclear energy

International Nuclear Information System (INIS)

Komsi, M.; Patrakka, E.

1997-01-01

The work procedure and the content of the European Utility Requirements (EUR) concerning the future LWRs is described in the article. European Utility Requirements, produced by utilities in a number of European countries, is a document specifying the details relating to engineered safety, operating performance, reliability and economics of the reactors to be built by manufacturers for the European market

Reactor parameters for European economic, safety and environmental studies

International Nuclear Information System (INIS)

Hancox, R.; Cooke, P.I.H.; Spears, W.R.

1990-01-01

Parameter sets for five 1200 MW e tokamak reactors were developed for the European Study Group on the Environmental, Safety-related and Economic Potential of Fusion Power, showing today's perception of the range of reactors likely to be available as a result of the Commission's fusion programme. On the basis of the cost of generating electricity, relative to a fission reactor, a reference set was chosen and endorsed by the Group for further studies including that on the environmental impact of fusion power. Key physics and technology parameters for the reference reactor are compared with values used in the ITER design, and with those from American studies. (author)

The evolution of the ecological policy and the environmental law of the European community

International Nuclear Information System (INIS)

Dietinger, A.

1998-08-01

This thesis is structured chronologically starting with the origins of a European environment policy. These origins can be found in the foundation treaty of the European Community but are not explicitly codified. The thesis shows that the emphasis on economics in the European Community turned from acceptance of an environment policy as a marginal phenomenon to valuation of environmental policies as a principle of its own. The focus is on the contents of the EC Trial. The normative structure on which the environmental policy is built on aims of making clear that not only political declarations without any codification are made, but that the environment is a field of community activity to be taken seriously. Special attention is given the aim of economic growth and its incompatibles environmental policies. Convergence can only be reached if EC Member States use their potential of cooperation and are ready to make their contribution. A special chapter deals with the competence of member states concerning environmental policies. As contracting partners to GATT, member states of the European Union represent a very large portion of world trade, we have to make sure environmental policy is given the right place it deserves in free world trade. A summary and final reflections are included in the last part of the thesis. (author)

The advantages and impediments in fostering Republic of Moldova- the European Union economic cooperation

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Rodica CRUDU

2017-06-01

Full Text Available Despite considerable efforts and funding, the reform implementation process in the Republic of Moldova meets important difficulties especially in the areas of strategic significance including the fields of public administration, justice and banking sectors. The initiatives implemented in these sectors by the Moldovan authorities under European supervision proved to be inefficient as they did not reach the expected results. This situation leads to dragging down the pace of European integration of the country, as the trust of the population and of foreign partners regarding European future of Moldova was negatively affected. Thus, this research intends to identify the most important impediments of bi-lateral cooperation between the Republic of Moldova and the European Union. Also, some recommendations are provided to increase the actual status-quo and are specified main Moldovan economic advantages which have been registered since the acceleration of cooperation with the EU.

Residential energy consumption: A convergence analysis across Chinese regions

International Nuclear Information System (INIS)

Herrerias, M.J.; Aller, Carlos; Ordóñez, Javier

2017-01-01

The process of urbanization and the raise of living standards in China have led an increasing trend in the patterns of residential consumption. Projections for the population growth rate in urban areas do not paint a very optimistic picture for energy conservation policies. In addition, the concentration of economic activities around coastal areas calls for new prospects to be formulated for energy policy. In this context, the objective of this paper is twofold. First, we analyse the effect of the urbanization process of the Chinese economy in terms of the long-run patterns of residential energy consumption at national level. By using the concept of club convergence, we examine whether electricity and coal consumption in rural and urban areas converge to the same long-run equilibrium or whether in fact they diverge. Second, the impact of the regional concentration of the economic activity on energy consumption patterns is also assessed by source of energy across Chinese regions from 1995 to 2011. Our results suggest that the process of urbanization has led to coal being replaced by electricity in urban residential energy consumption. In rural areas, the evidence is mixed. The club convergence analysis confirms that rural and urban residential energy consumption converge to different steady-states. At the regional level, we also confirm the effect of the regional concentration of economic activity on residential energy consumption. The existence of these regional clusters converging to different equilibrium levels is indicative of the need of regional-tailored set of energy policies in China.

BUSINESS INTELLIGENCE APPLICATIONS – POSSIBLE INSTRUMENTS FOR ECONOMIC INTEGRATION WITHIN THE EASTERN PARTNERSHIP

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Dragos Ovidiu TOFAN

2016-10-01

Full Text Available Eastern Partnership includes, in addition to bilateral components (Association Agreements, Deep and Comprehensive Free Trade Areas/DCFTA, also a multilateral dimension as "economic integration and convergence with EU policies". This stated purpose of the partnership involves the need for adaptability to regional conditions and a differentiated approach to economies in the region in order to establish common objectives. Partner countries have aspirations that vary by geographic location, state of relations with the European Union and Russia, foreign policy objectives in medium and long term, real prospects of joining the European Union, or internal stability in economic and social aspects. Macroeconomic indicators specific to each country must undergo a dynamic analysis aimed on current situations and also on evolution of economic life. Thus, it requires processing a huge volume of historical data, creating possible scenarios based on policies implemented or being implemented to reach comprehensive information to provide a realistic picture of the economic growth at the macro level. Successfully implemented in enterprises, Business Intelligence (BI applications can be used to analyze large volume of data required to be processed to reach full and useful reports for the process of negotiation between the partners involved in the agreements referred and, very importantly, to establish a common language for all bodies and institutions co-opted into negotiations. Differences between the EU and other Eastern Partnership countries are obvious but economic common terms and methods or techniques of similar work can help plan positive developments in the negotiations and the desired convergence of economic policies. Business Intelligence tools simplify the presentation of needed information for discussions and provide a foundation in starting up joint analysis of economic dynamics in the area to reach complete and actual lines of future possible

Trade-facilitated technology spillovers in energy productivity convergence processes across EU countries

International Nuclear Information System (INIS)

Wan, Jun; Baylis, Kathy; Mulder, Peter

2015-01-01

This empirical paper tests for trade-facilitated spillovers in the convergence of energy productivity across 16 European Union (EU) countries from 1995 to 2005. One might anticipate that by inducing specialization, trade limits the potential for convergence in energy productivity. Conversely, by inducing competition and knowledge diffusion, trade may spur sectors to greater energy productivity. Unlike most previous work on convergence, we explain productivity dynamics from cross-country interactions at a detailed sector level and apply a spatial panel data approach to explicitly account for trade-flow related spatial effects in the convergence analysis. Our study confirms the existence of convergence in manufacturing energy productivity, caused by efficiency improvements in lagging countries, while undermined by increasing international differences in sector structure. Further, we find that trade flows explain 30 to 40% of the unobserved variation in energy productivity. Trade continues to explain the unobserved variation in energy productivity even after accounting for geographic proximity. Last, we find that those countries and sectors with higher dependence on trade both have higher energy productivity growth and a higher rate of convergence, further implying that trade can enhance energy productivity. Thus, unlike concerns that trade may spur a ‘race to the bottom’, we find that promoting trade may help stimulate energy efficiency improvements across countries. - Highlights: • We test for trade-facilitated spillovers in cross-country energy productivity convergence. • We use a spatial panel-data approach and data for 16 European Union countries. • Efficiency improvements in lagging countries cause energy productivity convergence. • Trade flows explain 30 to 40% of unobserved variation in energy productivity. • Higher dependence on trade means higher rates of energy productivity growth

The power of science economic research and European decision-making : the case of energy and environment policies

CERN Document Server

Rossetti di Valdalbero, Domenico

2010-01-01

This book highlights the interaction between science and politics and between research in economics and European Union policy-making. It focuses on the use of Quantitative tools, Top-down and Bottom-up models in up-stream European decision-making process through five EU policy case studies: energy taxation, climate change, energy efficiency, renewable energy, and internalisation of external costs.

IMPACT OF TAX EVASION ON THE ECONOMIC GROWTH IN THE EUROPEAN UNION

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FLORIN BOȘTINĂ

2017-12-01

Full Text Available The relevance of the research topic emerges from the fact that an important part of the fiscal revenues is lost annually through activities of fiscal planning, fiscal circumvention and tax evasion, undertaken by the private sector. In this respect, the aim of the paper is to estimate, by using the econometric analysis, the impact of tax evasion on the economic growth in the European Union for the period 1997-2010 for which the data was available. For the tax evasion it have been used index as a proxy that optimizes by maximum. Thus the main hypothesis (that the index tax evasion positively influences the economic growth was not rejected, even after including some specific control variables in the regressive models. In other words, as tax evasion is increased the economic growth is likely to decrease.

Security Economics in the European Context: Implications of the EUSECON Project

OpenAIRE

Michael Brzoska; Raphael Bossong; Eric van Um

2011-01-01

This paper presents key aspects and policy implications of a multi-annual research project on economic analyses of European security issues (EUSECON), with an emphasis on intentional threats of organised crime, piracy and terrorism. The first part argues that rational models can provide significant insights on the emergence and current patterns of terrorism and piracy. These findings could lead to new priorities or to more nuanced interventions in response to these threats. The second part fo...

ROMANIA IN THE CONTEXT OF GLOBALIZATION, REGIONALIZATION AND CONVERGENCE

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Elena Pelinescu

2007-04-01

Full Text Available The economic convergence is an instrument of harmonization in areas with high degree of economic integration. For Romania, it is important to know the degree of fulfillment of the convergence criteria and the impact of the policies which sustain their achievement, because few studies had as object the analysis of the degree of fulfillment in countries like Romania and Bulgaria, which were included in the latest EU extension wave. We use different methods in order to show the cointegration process and the results. The techniques applied to the statistical data regarding the nominal convergence (the consolidated budget deficit as a share of GDP, the share of public debt in GDP, the rate of inflation, the interest rate and the exchange rate have revealed some results which appear in others studies too, namely that Romania integrates in the fixed target Maastricht criteria (the budget deficit as a share of GDP, the share of public debt in GDP and follows a pattern of convergence for the other criteria.

The Analysis and Evaluation of Trends in the Socio-Economic Development of European Union Countries and their Regions

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Yaroshenko Igor V.

2016-02-01

Full Text Available The modern development of Ukraine and its regions on the background of the ongoing European integration process requires a detailed study of the experience of forming the European regional policy, positive examples and trends that have contributed to economic growth of the territories and improvement of population welfare of EU countries with a view to their use in forming the own national policy in the country. The EU regional policy, which is called the “unification” policy, as part of the European structural policy is aimed at solving development problems of the territories, primarily, depressive, old industrial, underdeveloped ones reducing the existing imbalances in social and economic development of the regions and preventing the emergence of inter-regional imbalances in the European Union. Studies of the uneven development of a country’s territories are an important part of its government policy. Identification of the main features of the asymmetry makes it possible not only to reveal the current situation with imbalances in the regional potential for sustainable development but also to assess the government’s actions aimed at their elimination. For Ukraine, which sets a goal to integrate into the European community, a detailed study of the experience and analysis of the priority principles of EU countries’ regional policy are very feasible in the formation and implementation of its own regional policy with regard to the best European principles of organization of managing the regional and local development and local government reform. Using the best practices of the regional policy of EU countries in Central and Eastern Europe, which show stable positive change in the socio-economic development, can appear to be of a special value

The Impact of Social Factors on Economic Growth: Empirical Evidence for Romania and European Union Countries

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Ana-Maria Popa

2012-12-01

Full Text Available This study analyzes the relationship between the social factors and the economic growth. A summary of social and economic environment is presented for Romania. As such, the paper analyzes the global evolution of social and economic environment over time and establishes a direct correlation between human development and economic welfare. An econometric model and a clustering model are tested for European Union countries. The results of the paper reveal the social factors that are positively correlated with the economic growth (i.e. the expected years of schooling and the life expectancy and, respectively, the factors that are negatively correlated with the economic growth (i.e. the population at risk of poverty and the unemployment rate.

Measuring Convergence using Dynamic Equilibrium Models: Evidence from Chinese Provinces

DEFF Research Database (Denmark)

Pan, Lei; Posch, Olaf; van der Wel, Michel

We propose a model to study economic convergence in the tradition of neoclassical growth theory. We employ a novel stochastic set-up of the Solow (1956) model with shocks to both capital and labor. Our novel approach identifies the speed of convergence directly from estimating the parameters which...

Predicting European Union recessions in the euro era: The yield curve as a forecasting tool of economic activity

OpenAIRE

Gogas, Periklis; Chionis, Dionisios; Pragkidis, Ioannis

2009-01-01

Several studies have established the predictive power of the yield curve, ie: the difference between long and short term bond rates, in terms of real economic activity, for the U.S. and various European countries. In this paper we use data from the European Union (EU15), ranging from 1994:Q1 to 2008:Q3. The seasonally adjusted real GDP is used to extract the long run trend and the cyclical component of the European output, while the European Central Bank’s euro area government benchmark bonds...

ROMANIA'S MACROECONOMIC ACHIEVEMENTS FOR JOINING THE UNIQUE EUROPEAN CURENCY

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SILVIA POPESCU

2011-04-01

Full Text Available The Romanian government has announced plans to join the eurozone by 2015. Currently, the leu is not yet part of ERM II but plans to join in 2010-2012. The economic advantages of the monetary union grow with expansion of the Euro zone. There is also a high level of skepticism; the main fear about the Euro is the inflation –that is considerable promoted by the Euro currency’s exchange rate in comparison with 2002; another restraint is due to member states inability to establish their own interest rates. The IMF arose the option of joining the Euro zone criteria relaxing. A one-sided Euro’s joining was suggested by International Monetary Fund on March-April 2009, in a confidential report mentioned by The Financial Times as the emergent states in Central and Eastern Europe to be able to pass to the unique currency, but not being represented in the Central European Bank Board. By its side, CEB considers that emergent states of the European Union must not pass to the unique currency unilaterally, because such a fact could under-mine the trust in Euro currency worldwide. This option would hardly deepen the macroeconomic controversies inside the Euro zone and would contradict the previous conditions already imposed. An acceptable solution could be the fastening of emergent countries joining the Exchange Rate Mechanism 2, after they are aware of risks arisen by such a step. The European Commission endorses in the Convergence Report on 2010 that Romania doesn’t meet any criteria needed by passing to the unique European currency, respectively: prices stability; budget position of the government; stability of exchange rate; interest convergence on long run and there are also law impediments. Our paper discusses arguments for a faster passing to the Euro currency versus arguments for a late joining the Euro currency in Romania.

Consumers` Attitude towards Consumer Protection in the Digital Single Market, as Reflected by European Barometers

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Doru Alexandru Pleşea

2014-05-01

Full Text Available The European Single Market is an ongoing project that will continue to further develop and adapt to changing realities. Traditional economic activities, and the administrative rules governing them, face the challenge of adapting to developments that blur the dividing lines, for example, between shop and online sales or between traditional media and Internet communication. Convergence of this type will lead to a European Digital Single Market. A genuine Digital Single Market would generate new types of growth and also sustainable economic and social benefits for all European citizens. There are still a number of barriers which impose obstacles for the development of the digital market in Europe. Obstacles which can be identified include national differences regarding data protection rules, e-commerce rules, consumer protection rules and other legislation pertaining to information flows. The paper brings in discussion the advantages of a Digital Single Market, the obstacles in developing it in connection with e-commerce regulations, consumer protection and information flows legislation and also the premises for implementing a Digital Single Market. Consumers’ trust in on-line commerce results as one of the driving factors in implementing a Digital Single Market. These are some of the main obstacles for the boosting consumers’ confidence in the European Single Market. Improving consumer confidence in cross-border shopping online by taking appropriate policy action could provide a major boost to economic growth in Europe. Empowered and confident consumers can drive forward the European economy. Starting from the results of the Flash Euro-barometer survey „Consumer attitudes towards cross-border trade and consumer protection this study analyzes consumer`s readiness for the European Digital Single Market

APPROACHES TO EUROPEAN UNION MILITARY COLLABORATION IN THE CURRENT ECONOMIC AUSTERITY ENVIRONMENT

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Maria CONSTANTINESCU

2012-01-01

Full Text Available The effects of the economic crisis on European countries has led to serious cuts of the defense budgets and a perceived reduction in the EU’s ability to provide capabilities required by other allies, especially the US. Cooperation, in the form of pooling and sharing may not be an easy and “ready to use” solution to Europe’s defense issues generated by the budget austerity and economic downturn, but it may provide ways to lessen the defense cuts impact on the military capabilities. Nonetheless, the success of the initiative is strongly related to the degree of political and military commitment of the EU countries to put into practice the concept.

The crisis of the economic model, overview of the social state: cooperative societies as the key solution “Socially Intellegent Restructuring” in the European Union, towards a new vision of the economic and social order

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Carmen Pastor Sempere

2013-06-01

Full Text Available According to the European Economic and Social Committee: “We are witnessing a large-scale restructuring as a consequence of the crisis in the European economy. Socially responsible restructuring strategies are essential in order to avoid additional enterprise closures and failures, to preserve and create employment and organize social welfare by boosting competitiveness and local development.” (Opinion of the European Economic and Social Committee on “Cooperatives and restructuring”, (2012/C 91/05:eu/LexUriServ/LexUriServ.do?uri=OJ:C:2012:191:0024:0029:ES:PDF In view of an endless economic recession, co-operative societies can play a key role in the entrepreneurial and social recovery and restructuring. This paper shows that this is likely to happen if we create a cooperative model in accordance with the principles of the socially intelligent restructuring processes proposed by the European Economic and Social Committee on «Cooperatives and Restructuring.

Health Economics as Rhetoric: The Limited Impact of Health Economics on Funding Decisions in Four European Countries.

Science.gov (United States)

Franken, Margreet; Heintz, Emelie; Gerber-Grote, Andreas; Raftery, James

2016-12-01

A response to the challenge of high-cost treatments in health care has been economic evaluation. Cost-effectiveness analysis presented as cost per quality-adjusted life-years gained has been controversial, raising heated support and opposition. To assess the impact of economic evaluation in decisions on what to fund in four European countries and discuss the implications of our findings. We used a protocol to review the key features of the application of economic evaluation in reimbursement decision making in England, Germany, the Netherlands, and Sweden, reporting country-specific highlights. Although the institutions and processes vary by country, health economic evaluation has had limited impact on restricting access of controversial high-cost drugs. Even in those countries that have gone the furthest, ways have been found to avoid refusing to fund high-cost drugs for particular diseases including cancer, multiple sclerosis, and orphan diseases. Economic evaluation may, however, have helped some countries to negotiate price reductions for some drugs. It has also extended to the discussion of clinical effectiveness to include cost. The differences in approaches but similarities in outcomes suggest that health economic evaluation be viewed largely as rhetoric (in D.N. McCloskey's terms in The Rhetoric of Economics, 1985). This is not to imply that economics had no impact: rather that it usually contributed to the discourse in ways that differed by country. The reasons for this no doubt vary by perspective, from political science to ethics. Economic evaluation may have less to do with rationing or denial of medical treatments than to do with expanding the discourse used to discuss such issues. Copyright © 2016 International Society for Pharmacoeconomics and Outcomes Research (ISPOR). Published by Elsevier Inc. All rights reserved.

Effect of the economic recession on pharmaceutical policy and medicine sales in eight European countries

NARCIS (Netherlands)

Leopold, Christine; Mantel-Teeuwisse, Aukje K; Vogler, Sabine; Valkova, Silvia; de Joncheere, Kees; Leufkens, Hubert G M; Wagner, Anita K; Ross-Degnan, Dennis; Laing, Richard

2014-01-01

OBJECTIVE: To identify pharmaceutical policy changes during the economic recession in eight European countries and to determine whether policy measures resulted in lower sales of, and less expenditure on, pharmaceuticals. METHODS: Information on pharmaceutical policy changes between 2008 and 2011 in

Economic benefits of the EU Ecodesign Directive. Improving European economies

Energy Technology Data Exchange (ETDEWEB)

Molenbroek, E.; Cuijpers, M.; Blok, K.

2012-04-15

The EU Ecodesign Directive aims at reducing the environmental impact of a number of products sold in the EU, with emphasis on their energy consumption. Ecofys investigated economic benefits related to the Directive. A correct implementation of the EU Ecodesign Directive would yield yearly savings of up to 600 TWh of electricity and 600 TWh of heat in 2020. In addition to these environmental benefits, this study identified important economic advantages like: Net savings for European consumers and businesses of 90 billion euro per year (1% of EU's current GDP) in the year 2020; Reinvesting these savings in other sectors of the economy would result in the creation of one million jobs; Dependency on imports of energy would be reduced by 23% and 37% for natural gas and coal, respectively. This means the EU could slash natural gas imports from Russia by more than half and imports of coal from Russia could be stopped altogether.

IS READY ROMANIA FOR EURO ADOPTION? FROM STRUCTURAL CONVERGENCE TO BUSINESS CYCLE SYNCHRONIZATION

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Marinas Marius - Corneliu

2011-12-01

Full Text Available The objective of this study is to identify gaps between economic and commercial structures between Romania and the euro area and to explain whether the results obtained justify recently decision to delay euro adoption beyond 2015. According to theory of optimum currency areas, the existence of similar economic structures, increasing trade integration and synchronization of business cycles with monetary union will provide greater symmetry of shocks between Romania and the euro area. If the shocks are more symmetrical, then common monetary policy of the European Central Bank will act as a tool to neutralize the shocks in the case of Romania, and the euro adoption would have fewer adverse effects. To meet the research objective, we have structured this paper into three parts. In the first part we referred to the importance of the proposed theme in the economic literature. In the second part, we used several statistical methods to identify how divergent is Romania relative to the euro area economies. The results obtained show increasing divergence between economic structures until 2009 year using the NACE 6 methodology. In fact, Romania has the most divergent structure in EU-27 countries, being characterized by lowest contribution of services to GDP. However, structural differences do not constitute an obstacle to euro adoption, as long as Romania becomes more commercially integrated with other European countries. Thus, Romania is the seventh economy in terms of trade with the EU-27 (73.3% of exports and 74.3% of imports, and the degree of convergence between the structure of exports and imports have increased significantly compared with 2000 year. In the third part, we estimated the degree of synchronization of business cycles between Romania and the euro area, based on Hodrick-Prescott filter. Results showed an increasing correlation of business cycles as a result of increasing industrial activity and export synchronization.

Surveillance and laboratory detection for non-polio enteroviruses in the European Union/European Economic Area, 2016

Science.gov (United States)

Harvala, Heli; Jasir, Aftab; Penttinen, Pasi; Pastore Celentano, Lucia; Greco, Donato; Broberg, Eeva

2017-01-01

Enteroviruses (EVs) cause severe outbreaks of respiratory and neurological disease as illustrated by EV-D68 and EV-A71 outbreaks, respectively. We have mapped European laboratory capacity for identification and characterisation of non-polio EVs to improve preparedness to respond to (re)-emerging EVs linked to severe disease. An online questionnaire on non-polio EV surveillance and laboratory detection was submitted to all 30 European Union (EU)/European Economic Area (EEA) countries. Twenty-nine countries responded; 26 conducted laboratory-based non-polio EV surveillance, and 24 included neurological infections in their surveillance. Eleven countries have established specific surveillance for EV-D68 via sentinel influenza surveillance (n = 7), typing EV-positive respiratory samples (n = 10) and/or acute flaccid paralysis surveillance (n = 5). Of 26 countries performing non-polio EV characterisation/typing, 10 further characterised culture-positive EV isolates, whereas the remainder typed PCR-positive but culture-negative samples. Although 19 countries have introduced sequence-based EV typing, seven still rely entirely on virus isolation. Based on 2015 data, six countries typed over 300 specimens mostly by sequencing, whereas 11 countries characterised under 50 EV-positive samples. EV surveillance activity varied between EU/EEA countries, and did not always specifically target patients with neurological and/or respiratory infections. Introduction of sequence-based typing methods is needed throughout the EU/EEA to enhance laboratory capacity for the detection of EVs. PMID:29162204

Testing the Conditional Convergence Hypothesis for Pakistan

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Sajjad Ahmad Jan (Corresponding Author

2011-09-01

Full Text Available This study investigates for the existence or non-existence of conditional convergence across the provinces of Pakistan. The annual output data from 1973 to 2000 is pooled for the four Pakistani provinces. The cross-sectional specific effects, the time specific effects, the manufacturing output, and the structural variable for aggregate supply or production shocks are used to control the different steady state levels of per capita incomes of thedifferent provinces. The equation for conditional convergence is estimated through generalized least squares (GLS method, after controlling for the different steady states of the provinces. The result shows that the provinces of Pakistan converge to their own respective steady states with a convergence speed of 11% per annum. At the same time manufacturing output is also statistically significant and positively affects the economic growth in the provinces. However the structural variable is not statistically significant.

Innovation policies and entrepreneurship in the Baltic States - key to European Economic success

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Olesea SIRBU

2017-12-01

Full Text Available Entrepreneurship is by far the most important force stimulating economic growth and social progress. In case of the Baltic States pro-market regulation allowed passing over the transition period in a relatively short period of time and, therefore, be sufficiently competitive as to integrate into the European Union. Thus, presently, the Baltic States came to be the most economically developed countries among the former USSR states. Consequently, the present research addresses three key questions, first, which is the role of entrepreneurship in determining the Baltic States’ economic development, second, what is the influence of R&D investments of the society in general and of business in particular in boosting economic development, and third, will the present fiscal policies in the Baltic States motivate further economic growth by stimulating entrepreneurial and innovation? The methodology involved in this paper includes both quantitative and qualitative indicators which combined will offer a deeper insight upon the matter of the present research. The results received allowed reaching the conclusion that entrepreneurship has enhanced all the Baltic States’ economic competitiveness yet the extent differ, with Estonia leading followed by Lithuania and Latvia.

Do convergent developmental mechanisms underlie convergent phenotypes?

Science.gov (United States)

Wray, Gregory A.

2002-01-01

Convergence is a pervasive evolutionary process, affecting many aspects of phenotype and even genotype. Relatively little is known about convergence in developmental processes, however, nor about the degree to which convergence in development underlies convergence in anatomy. A switch in the ecology of sea urchins from feeding to nonfeeding larvae illustrates how convergence in development can be associated with convergence in anatomy. Comparisons to more distantly related taxa, however, suggest that this association may be limited to relatively close phylogenetic comparisons. Similarities in gene expression during development provide another window into the association between convergence in developmental processes and convergence in anatomy. Several well-studied transcription factors exhibit likely cases of convergent gene expression in distantly related animal phyla. Convergence in regulatory gene expression domains is probably more common than generally acknowledged, and can arise for several different reasons. Copyright 2002 S. Karger AG, Basel.

Research on the Nominal Convergence of Romania to the Euro Area

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Diana Bărglăzan

2008-10-01

Full Text Available All the European Union (EU member states engaged to adopt, sooner or later, the euro. In order to do so, they must accomplish the convergence criteria concerning the inflation rate, the exchange rate, the interest rate, the public deficit and the public debt. The paper analyses the situation of Romania, based on the convergence criteria. Romania accomplishes only the criteria referring to public finances, while inflation still seems to be the worst problem.

Central and Eastern European Countries Focus on the Silk Road Economic Belt

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GEORGE CORNEL DUMITRESCU

2015-05-01

Full Text Available The Silk Road Economic Belt, a strategic priority of the Chinese foreign policy in 2015, draws the attention to the countries of Central and Eastern Europe through the multiple benefits that it displays (investments, economic growth, trade between the countries along its corridors, job creation, infrastructure development, the strategic importance of being part of a grandiose multi-continental project. Among these benefits an important one is represented by the opportunities of Chinese investments in infrastructure, since the EU is suffering from a credit restraint. Also, The Silk Road Economic Belt could lead to a potential increase in the bilateral trade. Analyzing the literature in the field and the various official information available online, this paper aims to depict the Chinese project form the Eastern European perspective, identifying local priorities, conflicting interests, possible infrastructure projects, routes, focusing on two strategic countries in the region: Romania and Serbia, both displaying advantages and disadvantages.

The Convergence Criteria and the SAARC Common Currency

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Farooq Rasheed

2007-10-01

Full Text Available These included cross-country standard deviations of call money rates, consumer price indices, real exchange rates, growth rates of foreign exchange reserves, growth rates of real volume of trade, growth rate of real relative volume of trade and the growth rates of real per capita GDP. None of the selected variables show signs for convergence of over the whole period of 1990s through 2000s. However, for the period of 2000s most of the economic indicators show signs of convergence. This suggests emerging signs for the prospects of common currency in SAARC region. The study, however, concludes that non-economic factors must also be considered seriously before making a serious move towards monetary union in the region.

Economic Hardship and Educational Differentials in Disability in 26 European Countries.

Science.gov (United States)

Cambois, Emmanuelle; Solé-Auró, Aïda; Robine, Jean-Marie

2016-10-01

The objective of this article is to study to what extent European variations in differentials in disability by education level are associated to variation in poverty. Using the European Statistics on Income and Living Conditions (EU-SILC) for 26 countries, we measure the prevalence of activity limitation (AL) and the rate of economic hardship (EH) by level of education. We measure the increased AL prevalence (disadvantage) of the low-educated relative to the middle-educated and the reduced AL prevalence (advantage) of the high-educated groups, controlling or not for EH. The rate of EH and the extent of the AL-advantage/disadvantage vary substantially across Europe. EH contributes to the AL-advantage/disadvantage but to different extent depending on its level across educational groups. Associations between poverty, education, and disability are complex. In general, large EH goes along with increased disability differentials. Actions to reduce poverty are needed in Europe to reduce the levels and differentials in disability. © The Author(s) 2016.

From networks to hybrids : Strategic behaviour and crisis-driven change in the regulation and governance of the European financial and economic system,

NARCIS (Netherlands)

Groenleer, M.L.P.; Mijs, A.; Ten Heuvelhof, E.F.; Meeuwen, B.; Van der Puil, J.

2014-01-01

A key challenge that European decision-makers struggle with today is regulating and governing the European financial and economic system in a way that is both effective and legitimate. To help address this challenge, this paper asks why regulatory gaps occurred and European governance has been weak,

Cultural Economy. The economic impact of the cultural sector from a European perspective

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Alba Colombo

2006-05-01

Full Text Available Culture is playing an increasingly important role in the economic development of industrialised countries. Thus, the management of large cultural events and the relationship between cultural management and cultural policies will be key elements in the development of the so-called cultural economy. This article looks at the concept of cultural economy, in terms of the appearance of the idea and the different European methodological positions. The case of the Berlin International Film Festival is taken as an example to show the importance of cultural management with regard to economic development of the sector. This case study also allows for the analysis of the increasingly complex forms of cultural management adopted, as well as their effects on the regulation of the cultural market and their links to other basic economic sectors in urban development.

A LOOK AT SOME OF THE EUROPEAN UNION’S MAJOR SOCIAL PROBLEMS AND THEIR ECONOMIC IMPACT

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Monika Moraliyska

2017-09-01

Full Text Available The EU's economy accounts for a significant share of the world economy. Measured in terms of GDP, it is still the biggest in the world. In addition to that, being a single market of 28 countries, the EU has been a major trading player accounting for around 20% of global exports and imports. However, EU’s trade was hit by the global recession. It is additionally hindered by the attempts of its economic policy to provide for a sustainable growth by investing in transport, energy and research in order to minimize the impact of further economic development on the environment. The most serious problems of the EU are connected with the unstable and comparatively low employment, continuing energy dependence, demographic change and population’s aging, as well as the persisting economic and social disparities within member states and between European regions in the North and South, West and East. The migration crisis adds to the problem with the lack of coherent solution, unsuccessful integration, growing inequalities and fragile multilateralism, having both – their social and economic effects. This paper aims to explore the most pressing challenges before the European Union’s economy today and in the years to come – aging population and social disparities.

Low climate stabilisation under diverse growth and convergence scenarios

International Nuclear Information System (INIS)

Markandya, A.; González-Eguino, M.; Criqui, P.; Mima, S.

2014-01-01

In the last decade a number of papers have analysed the consequences of achieving the greenhouse gas concentration levels necessary to maintain global temperature increases below 2 °C above preindustrial levels. Most models and scenarios assume that future trends in global GDP will be similar to the growth experienced in the past century, which would imply multiplying current output by about 19 times in the 21st century. However, natural resource and environmental constraints suggest that future global economic growth may not be so high. Furthermore, the environmental implications of such growth depend on how it is distributed across countries. This paper studies the implications on GHG abatement policies of low global GDP growth and high convergence levels in GDP per capita across countries. A partial equilibrium model (POLES) of the world's energy system is used to provide detailed projections up to 2050 for the different regions of the world. The results suggest that while low stabilisation could be technically feasible and economically viable for the world in all the scenarios considered, it is more likely to occur with more modest global growth. However, that will imply higher global abatement costs relative to GDP. Convergence in living standards on the other hand places greater pressures in terms of the required reduction in emissions. In general we find that there are major differences between regions in terms of the size and the timing of abatement costs and economic impact. - Highlights: • We study the implications of GDP growth and convergence on climate stabilisation. • A partial equilibrium model (POLES) of the world's energy system is used. • Low climate stabilisation is technically feasible and economically viable. • Low stabilisation is more likely to occur with more modest global growth. • Convergence places pressure in terms of the required reduction in emissions

German Economic Expansion under the Conditions of the European Debt Crisis and Military-Political Conflict in Ukraine

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Михаил Михайлович Кухтин

2014-12-01

Full Text Available The German economic expansion in the EU is examined in the article. Berlin is using the European debt crisis and the political instability in Ukraine to strengthen its positions in the world. Interests of weak countries of the Eurozone are being ignored. Chancellor A. Merkel is striving for a gradual revision of European legislation in Germany’s favor. Today’s Berlin is supporting Ukrainian nationalists, hoping to hinder the growth of Russian influence in Eastern Europe with their help. The aggravation of international competition does not allow Germany to pursue a different European policy.

European Community.

Science.gov (United States)

1987-05-01

The European Community was established in 1951 to reconcile France and Germany after World War II and to make possible the eventual federation of Europe. By 1986, there were 12 member countries: France, Italy, Belgium, the Federal Republic of Germany, Luxembourg, the Netherlands, Denmark, Ireland, the United Kingdom, Greece, Spain, and Portugal. Principal areas of concern are internal and external trade, agriculture, monetary coordination, fisheries, common industrial and commercial policies, assistance, science and research, and common social and regional policies. The European Community has a budget of US$34.035 billion/year, funded by customs duties and 1.4% of each member's value-added tax. The treaties establishing the European Community call for members to form a common market, a common customs tariff, and common agricultural, transport, economic, and nuclear policies. Major European Community institutions include the Commission, Council of Ministers, European Parliament, Court of Justice, and Economic and Social Committee. The Community is the world's largest trading unit, accounting for 15% of world trade. The 2 main goals of the Community's industrial policy are to create an open internal market and to promote technological innovation in order to improve international competitiveness. The European Community aims to contribute to the economic and social development of Third World countries as well.

An empirical analysis of gasoline price convergence for 20 OECD countries

Energy Technology Data Exchange (ETDEWEB)

Bentzen, J.

2003-07-01

Two decades have passed now since the oil price shocks of the 1970s and since then energy prices have - apart from short periods of price instability - evolved relatively smoothly in the industrialized countries. Energy taxes in many countries differ markedly thereby causing differences in final energy prices, but as similar tax levels are becoming more common, e.g. in the European Union, convergence concerning energy prices might be expected to appear. In the present paper national gasoline price data covering the time period since the 1970s for a sample of OECD countries are used in order to test for this often addressed topic of convergence. The empirical part of the paper applies different time series based tests of convergence, where gasoline prices exhibit convergence for most OECD-Europe countries in the case where US$ is used for measurement of the energy prices indicating a convergence or tax harmonization process is taking place for these countries. (au)

An empirical analysis of gasoline price convergence for 20 OECD countries

International Nuclear Information System (INIS)

Bentzen, J.

2003-01-01

Two decades have passed now since the oil price shocks of the 1970s and since then energy prices have - apart from short periods of price instability - evolved relatively smoothly in the industrialized countries. Energy taxes in many countries differ markedly thereby causing differences in final energy prices, but as similar tax levels are becoming more common, e.g. in the European Union, convergence concerning energy prices might be expected to appear. In the present paper national gasoline price data covering the time period since the 1970s for a sample of OECD countries are used in order to test for this often addressed topic of convergence. The empirical part of the paper applies different time series based tests of convergence, where gasoline prices exhibit convergence for most OECD-Europe countries in the case where US$ is used for measurement of the energy prices indicating a convergence or tax harmonization process is taking place for these countries. (au)

Economic downturns during the life-course and late-life health: an analysis of 11 European countries.

Science.gov (United States)

Hessel, Philipp; Avendano, Mauricio

2016-10-01

Research has shown that individual socio-economic circumstances throughout life affect health in older ages. However, little attention has been paid to the broad economic context affecting individual's life-chances. This paper examines whether economic downturns experienced during young and mid-adulthood have long-run effects on physical health. We exploit data on economic fluctuations in the period 1945-2010 in 11 European countries, linked to longitudinal data from three waves of the Survey of Health, Ageing and Retirement in Europe. We estimate a country fixed effect model assessing whether downturns experienced at 5-year intervals between ages 25 and 54 are associated with levels and onset of new limitations with Activities of Daily Living (ADL) and Instrumental Activities of Daily Living (IADL) in older age (55-80). Experiencing an economic downturn at ages 45-59 is associated with increased risk of having at least one disability limitation in later-life (odds ratio [OR] for ADL = 1.66, 95% CI [Confidence Interval] 1.24, 2.22; OR for IADL = 1.46, 95% CI 1.10, 1.94). Economic downturns at ages 40-44 and 45-49 also increase the risk of a new functional limitation in later-life (OR for IADL ages 40-44 = 1.20, 95% CI 1.03, 1.40; OR for IADL ages 45-49 = 1.44, CI 1.10-1.88). Economic downturns experienced around these ages are also associated with significantly greater risks of smoking and excessive alcohol consumption as well as lower incomes in older age. Exposure to an economic downturn at ages 40-49 is associated with poorer health in older ages, possibly by increasing risk of unhealthy behaviours and low incomes persisting into older age. © The Author 2016. Published by Oxford University Press on behalf of the European Public Health Association. All rights reserved.

European energy survey

International Nuclear Information System (INIS)

1999-12-01

This economic analysis deals with the energy situation in Europe. The following aspects are presented: the socio-economical convergencies, the improvement of the energy situation, the difference for each countries of the energy balance sheets and the new concept of competition. Tables and statistics support the analysis. (A.L.B.)

A small-world methodology of analysis of interchange energy-networks: The European behaviour in the economical crisis

International Nuclear Information System (INIS)

Dassisti, M.; Carnimeo, L.

2013-01-01

European energy policy pursues the objective of a sustainable, competitive and reliable supply of energy. In 2007, the European Commission adopted a proper energy policy for Europe supported by several documents and included an action plan to meet the major energy challenges Europe has to face. A farsighted diversified yearly mix of energies was suggested to countries, aiming at increasing security of supply and efficiency, but a wide and systemic view of energy interchanges between states was missing. In this paper, a Small-World methodology of analysis of Interchange Energy-Networks (IENs) is presented, with the aim of providing a useful tool for planning sustainable energy policies. A proof case is presented to validate the methodology by considering the European IEN behaviour in the period of economical crisis. This network is approached as a Small World Net from a modelling point of view, by supposing that connections between States are characterised by a probability value depending on economic/political relations between countries. - Highlights: • Different view of the imports and exports of electric energy flows between European for potential use in ruling exchanges. • Panel data from 1996 to 2010 as part of a network of exchanges was considered from Eurostat official database. • The European import/export energy flows modelled as a network with Small World phenomena, interpreting the evolution over the years. • Interesting systemic tool for ruling and governing energy flows between countries

Conflicts by Convergence and Deep Disagreements in European Constitutional Law

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Scarcello Orlando

2017-08-01

Full Text Available In this essay the question of what kind of conflicts are at stake in the context of European pluralism will be considered, with special focus on the shift from “conflicts by divergence” to “conflicts by convergence” and on attempts to conceptualise these issues by means of the concept of “complex antinomy”. It will be argued that this analysis needs some refinement and the concept of “levels of disagreements” will be introduced as an alternative. A specific focus will be maintained on the impact of different interpretive methodologies: in this way it is possible to underline the structure of “deep” and “superficial” disagreements in the context of European law. In order to illustrate this point, some notes on the recent Taricco saga will be developed. Finally, the relevance for European constitutionalism of deep disagreements on interpretive methodologies will be underlined.

On the Integration and Synchronization of the Economic Development

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Elena Viktorovna Kurushina

2015-12-01

Full Text Available Modern trends are associated with the integration and globalization. Integration is an immanent property of all systems and is the result of the evolution. Integration has its positive and negative effects. The degree of the progress towards the global economy is measured by the integration level in terms of the market integration indicators and the economic convergence. The latent characteristic of the globalization as a process of a unified system creation is the synchronization assuming the coincidence of the economic development ascending and descending trends in time. The coincidence of the tempo-rhythms is studied on the basis of coefficients of the pair correlation of relative growth rates of GDP for 1995-2010 in 175 countries. The very high degree of synchronization of economic dynamics is revealed in the European Union countries and in the United States. The low level of the tempo-rhythm synchronization is registered on the territory of the CIS countries. Russia occupies 29th position in the world ranking. The study of the dependence of the economic instability in the world during the crisis of 2008-2009 on the level of the tempo-rhythm coincidence shows that the more synchronized economic dynamics is, the greater excess coefficient of the average dynamics is observed during the crisis period. In 2009 it manifested itself in a greater reduction of the GDP growth rates in the European countries relatively the average wave dynamics in the pre-crisis period. The obtained results are of interest from the perspective of the substantiation of the regional economic group creation and in the context of the measures on increasing the economic stability.

Alternative Forms of Resilience Confronting Hard Economic Times. A South European Perspective

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Maria Kousis

2017-05-01

Full Text Available The aim of this special issue is to contribute to the study of alternative forms of resilience, visible in the economic and noneconomic activities of citizens confronting hard economic times and falling rights in Italy, Spain, Greece and Portugal, since the global financial crisis of 2008. It does so through a set of recent empirical studies which adopt recent theoretical approaches, such as Social Innovation or Sustainable Community Movement Organizations, and offer new evidence on solidarity oriented practices, including their links to social movement activism. The authors of this special issue contribute to the existing recent debates by highlighting key features of alternative forms of resilience, their links to social movements and theoretical orientations influenced by social movement and resilience studies in four Southern European countries and regions.

Childhood tuberculosis in the European Union/European Economic Area, 2000 to 2009.

Science.gov (United States)

Sandgren, A; Hollo, V; Quinten, C; Manissero, D

2011-03-24

Childhood tuberculosis (TB) has been neglected for decades as a key component of TB control. However, ensuring proper monitoring of childhood TB has recently been given renewed emphasis. A descriptive analysis of surveillance data was performed to assess burden and trends of paediatric TB in the European Union/European Economic Area (EU/EEA) between 2000 and 2009. From 2000 to 2009, 39,695 notified paediatric (defined as 0–14 years of age) TB cases were reported by the 27 EU countries plus Norway, Iceland and Liechtenstein. These paediatric cases accounted for 4.3% of all notified cases. However, across the EU/EEA Member States, paediatric case notification rates ranged from 29.6 per 100,000 to 0.3 per 100,000 for the latest reporting year, 2009. Overall,though, these rates dropped from 5.5 per 100,000 in 2000 to 4.2 per 100,000 in 2009. The EU/EEA average annual percent changes (AAPC) in paediatric notification rates decreased between 2000 and 2004 by 1.3%and between 2005 and 2009 by 2.4%, with an overall decrease between 2000 and 2009 of 2.8%. Of all paediatric cases reported from 2000 to 2009, only 16.9%were culture-confirmed, amongst which the overall treatment success was 80.5% for all culture-confirmed pulmonary paediatric TB cases. Childhood TB in the EU/EEA remains a public health issue. Due attention should be paid to assessing paediatric trends as they could provide an insight in recent transmission. Whilst the primary aim of further reducing TB rates among children is paramount, better rates of appropriate diagnosis should also be achieved, along with a further improvement of therapeutic success rates.

The European Social Fund within the Context of the Economic Crisis from Romania

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Corina CACE

2012-06-01

Full Text Available The paper shows the positive traits of the European Social Fund proved by the history of this mechanism which has been applied in the European Community for almost half a century, as well as the measures adopted in order to improve the measures in the field of employment during the period of the economic crisis. The European Social Fund (ESF helps increasing the adaptability of the workforce and of the enterprises; it helps increasing the access to the labour market; it prevents unemployment and prolongs the active life; it increases the participation of women and of the immigrants to the labour market; it increases the social inclusion of the disadvantaged people and fights discrimination. In Romania, workforce employment is a priority goal, and POSDRU1 contributes to the implementation of the measures set by the European Strategy for Employment. The paper shows the need to identify solutions to the crisis of employment in Romania using the funds allocated to the Operational Program, Human Resources Development, which  produce measurable effects with regard to the unemployment rate in Romania.

ACCOUNTING WITH TWO SPEEDS: IAS / IFRS VERSUS EUROPEAN DIRECTIVES

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Maria-Mădălina VOINEA

2014-11-01

Full Text Available Accounting is one of the most important links in the economic system and must be supervised closely. The increasing globalization of capital markets demonstrates the need for uniformity of accounting, which is achieved by normalization and harmonization of Romanian accounting regulations. Romanian accounting is changing day by day since the early 1990s. This is the time when Romania is facing the national and international convergence or harmonization and conformity of national accounting regulations with the IAS/IFRSs. But, is not just our case…This process is followed by more and more countries, at international level, and all this for having some high quality accounting standards. The pace of change that Romania has suffered lately in this field is much faster than that of the development of economic performance. Joining the EU has long aimed the alignment with the regulations applied by countries that already had this step, the European Directives.

Transport intermodal interchanges: Socio-economic impacts at Lille European metropolis

Energy Technology Data Exchange (ETDEWEB)

Heddebaut, O.; Ciommo, F. di

2016-07-01

Within the framework of the “City-HUB” FP7 European research project 27 interchanges were studied in nine European countries. It investigated how transport interchanges work from the point of view of governance and the organization of facilities. On this basis a typology of interchanges has been defined for classifying the interchanges and selecting the key elements for improving the interchanges location, construction, and organization of an interchange. The paper focus on the implementation of the City-HUB interchange typology to the case study of Lille European Metropolis (MEL) where two contingent railways stations Lille Flandres and Lille Europe were analysed as a potential unique interchange. Indeed, the article is related to the creation of a joint interchanges able to attract more public transport users than private users such as it is now the case. These two main railways interchanges have different territorial and transport functions (i.e. one is oriented to regional traffic and the other one to national and international traffic). Urban planners and transport authorities would like to connect both stations creating a unique interchange. A key point of the Lille’s City-HUB analysis is related to the involvement of the stakeholders. Their involvement is at the origin of the interactions between City-HUB and its socio-economic and urban context. We demonstrate that combining transport and land use planning policies could boost commercial development, new business offices or housing. The urban City-Hub overcomes its role of transport infrastructure for being a “place”. (Author)

Albania and the EU: A path to convergence?

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Javier Lopez-Prol

2014-11-01

Full Text Available The aim of this paper is to assess the degree of relative convergence achieved by Albania in relation to the EU during the last decade through a descriptive empirical analysis. The paper is divided into three sections related to real and nominal convergence in the fields of economic performance; trade openness and balance; and monetary convergence, according to the Euro criteria established in the art. 140 (1 of the TFEU and the protocol Nº 13 (price stability, public finances, exchange rate, and long-term interest rates. In order to have a wide perspective about convergence-divergence trends inside and outside the EU, the tendencies followed by Germany and Greece are also mentioned, as paradigmatic cases of divergence within the EU. Finally, a summary table is presented reviewing each of the analysed variables regarding the last decade evolution and the current situation.

STRUCTURAL EFFECTS AND MUTATIONS CAUSED BY THE ECONOMIC CRISIS ON FURNITURE TRADE AT THE EUROPEAN UNION LEVEL

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Radu Marginean

2013-12-01

Full Text Available he global economic crisis had most negative effects on the entire economic sphere and especially in what the consuming industry is concerned, which may be considered “luxurious”, the way in which we may talk about the furniture industry. Along times of economic crisis at social level, a decrease in financial power at microeconomic, individual level is felt. Under conditions of social decrease in buying capacity, the request for commercial furniture is in rapid fall and thus the industry as such suffers serious structural mutations. Analyzing a series of macroeconomic indices from the European furniture industry led to the result that during the late years there has been a positive trend within the furniture industry in matters of production, however, with concern to trading, the situation is more complicated. There is a behaviour difference in the furniture industry between emergent countries and EU developed states and based on the performed analysis, a SWOT analysis at sectorial level crystallized, in which we propose ways of growth in the European furniture industry.

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

Science.gov (United States)

Dom, Geert; Samochowiec, Jerzy; Evans-Lacko, Sara; Wahlbeck, Kristian; Van Hal, Guido; McDaid, David

2016-01-13

From 2008 on, a severe economic crisis (EC) has characterized the European Union (E.U.). However, changes in substance use behavioral patterns as a result of the economic crisis in Europe, have been poorly reflected upon, and underlying mechanisms remain to be identified; In this review we explore and systematize the available data on the effect of the 2008 economic crisis on patterns of substance use and related disorders, within the E.U. countries; The results show that effects of the recession need to be differentiated. A number of studies point to reductions in population's overall substance use. In contrast, an increase in harmful use and negative effects is found within specific subgroups within the society. Risk factors include job-loss and long-term unemployment, and pre-existing vulnerabilities. Finally, our findings point to differences between types of substances in their response on economic crisis periods; the effects of the 2008 economic crisis on substance use patterns within countries of the European Union are two-sided. Next to a reduction in a population's overall substance use, a number of vulnerable subgroups experience serious negative effects. These groups are in need of specific attention and support, given that there is a real risk that they will continue to suffer negative health effects long after the economic downfall has formally been ended.

Exploring Integration of Care for Children Living with Complex Care Needs across the European Union and European Economic Area.

Science.gov (United States)

Brenner, Maria; O'Shea, Miriam; J Larkin, Philip; Kamionka, Stine Lundstroem; Berry, Jay; Hiscock, Harriet; Rigby, Michael; Blair, Mitch

2017-04-24

The aim of this paper is to report on the development of surveys to explore integration of care for children living with complex care needs across the European Union (EU) and European Economic Area (EEA). Each survey consists of a vignette and questions adapted from the Standards for Systems of Care for Children and Youth with Special Health Care Needs and the Eurobarometer Survey . A Country Agent in each country, a local expert in child health services, will obtain data from indigenous sources. We identified 'in-principle' complex problems and adapted surveys to capture care integration. We expect to get rich data to understand perceptions and to inform actions for a number of complex health issues. The study has the potential to make a wide contribution to individual countries of the EU/EEA to understand their own integration of services mapped against responses from other member states. Early results are expected in Spring 2017.

European natural gas economics in a global context: the longer run

International Nuclear Information System (INIS)

Radetzki, M.

1996-01-01

Introductory comments on the conference theme and the papers to be presented at this 1995 meeting of SNS Energy were provided. The conference was devoted to 'European Natural Gas Economics', a topic particularly appropriate at this time, in view of the widening of the market as a result of the integration of Central and Eastern European countries following the default of the Soviet Union. Other factors affecting the future of the natural gas market in Europe, such as the recent challenge by Wingas to Ruhrgas' dominance in Germany, the emergence of a spot gas market in the UK, and the threat to prevailing arrangements by the Interconnector, soon to bring gas from the UK to the Continent, were also cited. Papers scheduled for presentation on natural ags supply, on gas prices and gas shares in different sectors of the energy market, on interaction between governments, the EU Commission and the main market actors in shaping the natural gas market, and on the extension of gas use to new geographical regions were briefly characterized

THE ROLE OF SMALL BUSINESS IN ECONOMIC DEVELOPMENT OF EUROPEAN ECONOMY

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Anca Stan

2014-07-01

Full Text Available Small businesses provide catalytic benefits to the economy. They contribute to national output, and to the society as a whole, beyond the spending and profit they generate. The role of SMEs is crucial for the European economic recovery – their number, employment capacity and value added constitute a large share of the European economy. Providing the right conditions in which SMEs can flourish is paramount for ensuring a sustained recovery and achieving prosperity for all EU citizens. There is no single agreed definition of an SME. Early definitions of ‘small’ businesses were largely qualitative. SMEs are generally considered to be non - subsidiary, independent firms which employ fewer than a given number of employees. For many small businesses, going global is no longer just an interesting to do – it is essential to the long – term health and performance of the company. Across the EU policies are being developed at regional, national and transnational government level that see SMEs as the only positive way of creating employment and generating increased local growth for the community.

The global financial and economic crisis and the main priorities of the European Union for 2020

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Constantinescu, A.

2013-06-01

Full Text Available This study focuses on the global financial-economic crisis and the main priorities of the European Union for 2020. The duration of a financial economic crisis depends on the macroeconomic factors taken into account, because their representation can have multiple nuances, generated by subjective and political influences. The financial and economic crisis had a significant impact on public finances, business, jobs and families. At all levels, the decision makers in public policy will have to find ways of triggering economic dynamism, while the margin of manoeuvre in what concerns the budget is limited. As the recorded deficit in the public sector will be again under control, public expenditure will be such organized that the targets for 2020 are met.

Female ever-smoking, education, emancipation and economic development in 19 European countries

DEFF Research Database (Denmark)

Schaap, Maartje M; Kunst, Anton E; Leinsalu, Mall

2009-01-01

Large differences in ever-smoking rates among women are found between countries and socio-economic groups. This study examined the socio-economic inequalities in female ever-smoking rates in 19 European countries, and explored the association between cross-national differences in these inequalities...... of current and former smokers of the total survey population. A Relative Index of Inequality was estimated for women in the three age groups to measure the magnitude of educational differences. In regression analyses the association of ever-smoking rates of women age 25-39 years with the gross domestic...... product (GDP) and the Gender Empowerment Measure (GEM) was explored. Less educated women aged 25-39 years were more likely to have ever smoked than more educated women in all countries, except Portugal. In the age groups 40-59 years the educational pattern differed between countries. Women aged 60+ years...

Convergence without hard criteria: Does EU soft law affect domestic unemployment protection schemes?

OpenAIRE

Paetzold, Jörg; van Vliet, Olaf

2012-01-01

The European Employment Strategy (EES) aims to promote convergence of domestic labour market policies by soft law instruments. Previous studies on the impact of the EES are mainly focused on active labour market policies. The present study aims at explaining cross national variation in national passive labour market policies and unemployment benefit levels. Building on the most recent measures and pooled time series data, the empirical findings reveal the presence of a convergence process amo...

Analysis of advanced European nuclear fuel cycle scenarios including transmutation and economical estimates

International Nuclear Information System (INIS)

Merino Rodriguez, I.; Alvarez-Velarde, F.; Martin-Fuertes, F.

2013-01-01

Four European fuel cycle scenarios involving transmutation options have been addressed from a point of view of resources utilization and economics. Scenarios include the current fleet using Light Water Reactor (LWR) technology and open fuel cycle (as a reference scenario), a full replacement of the initial fleet with Fast Reactors (FR) burning U-Pu MOX fuel and two fuel cycles with Minor Actinide (MA) transmutation in a fraction of the FR fleet or in dedicated Accelerator Driven Systems (ADS).Results reveal that all scenarios are feasible according to nuclear resources demand. Regarding the economic analysis, the estimations show an increase of LCOE - averaged over the whole period - with respect to the reference scenario of 20% for Pu management scenario and around 35% for both transmutation scenarios respectively.

Analysis of advanced European nuclear fuel cycle scenarios including transmutation and economical estimates

Energy Technology Data Exchange (ETDEWEB)

Merino Rodriguez, I.; Alvarez-Velarde, F.; Martin-Fuertes, F.

2013-07-01

Four European fuel cycle scenarios involving transmutation options have been addressed from a point of view of resources utilization and economics. Scenarios include the current fleet using Light Water Reactor (LWR) technology and open fuel cycle (as a reference scenario), a full replacement of the initial fleet with Fast Reactors (FR) burning U-Pu MOX fuel and two fuel cycles with Minor Actinide (MA) transmutation in a fraction of the FR fleet or in dedicated Accelerator Driven Systems (ADS).Results reveal that all scenarios are feasible according to nuclear resources demand. Regarding the economic analysis, the estimations show an increase of LCOE - averaged over the whole period - with respect to the reference scenario of 20% for Pu management scenario and around 35% for both transmutation scenarios respectively.

XXVI Annual Conference of the European Academy of Management and Business Economics (AEDEM)

CERN Document Server

Gil-Lafuente, Jaime; Merigó-Lindahl, José; Soft Computing in Management and Business Economics

2012-01-01

This book is a collection of selected papers presented at the Annual Meeting of the European Academy of Management and Business Economics (AEDEM), held at the Faculty of Economics and Business of the University of Barcelona, 05 – 07 June, 2012. This edition of the conference has been presented with the slogan “Creating new opportunities in an uncertain environment”. There are different ways for assessing uncertainty in management but this book mainly focused on soft computing theories and their role in assessing uncertainty in a complex world. The present book gives a comprehensive overview of general management topics and discusses some of the most recent developments in all the areas of business and management including management, marketing, business statistics, innovation and technology, finance, sports and tourism. This book might be of great interest for anyone working in the area of management and business economics and might be especially useful for scientists and graduate students doing researc...

The Nabucco project's economic failure - Lessons for the European Union's foreign gas policy

International Nuclear Information System (INIS)

Finon, D.

2010-01-01

This article criticises the new strategy of the European Union's foreign gas policy. The new policy translates in the setting up of gas corridors to diversify importations in a context of increased political competition with Russia. The inherent limitations of the EU's plan to promote the Nabucco gas pipeline as merchant line without seeking exporter involvement in the project are analysed. Such limitations are analysed through various economic prospects. A micro-economic calculation shows the significance of the use rate of a gas pipeline for profitability. The competition theory shows the possibility for an existing dominating firm to compete with a newcomer's investment by building equipment likely to pre-empt access to the resources. The transaction cost saving shows how long term undertakings between producers and suppliers are necessary for the development of transit infrastructures and distant gas fields. The article ends with the need for economic relevance in the EU's gas policy actions. (author)

Determinants of Economic Growth in V4 Countries and Romania

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Simionescu Mihaela

2017-03-01

Full Text Available The middle and long-term slowdown in growth dynamics could bring serious social and political problems for V4 countries (Czech Republic, Slovak Republic, Hungary, Poland and Romania. It would threaten reaching benefits from potential of convergence process with the developed countries of the European Union. As a result, the V4 economies and Romania should find solutions to achieving a sustainable growth that is associated with an improvement of their international competitiveness. This paper provides an empirical analysis of factors that might determine a stable economic growth in the five mentioned countries. The empirical analysis conducted for the period of 2003-2016 employed Bayesian generalized ridge regression. The main results indicated that the FDI promoted economic growth in all countries, except the Slovak Republic. Only in the Czech Republic, the expenditure on education generated economic growth, while the expenditure on R&D had positive effects in Romania, Hungary and the Czech Republic.

European public deliberation on brain machine interface technology: five convergence seminars.

Science.gov (United States)

Jebari, Karim; Hansson, Sven-Ove

2013-09-01

We present a novel procedure to engage the public in ethical deliberations on the potential impacts of brain machine interface technology. We call this procedure a convergence seminar, a form of scenario-based group discussion that is founded on the idea of hypothetical retrospection. The theoretical background of this procedure and the results of five seminars are presented.

Sovereignty, Stability and Solidarity: Conflicting and Converging Principles and the Shaping of Economic Governance in the European Union

NARCIS (Netherlands)

van den Brink, Ton|info:eu-repo/dai/nl/269465995; van Rossem, Jan Willem|info:eu-repo/dai/nl/32439649X

2014-01-01

The central aim of this paper is to identify the content of the principles of stability, national sovereignty and solidarity and to analyse how these principles interact with regard to EU economic governance. The first prong of this paper research is largely conceptual in nature and looks at the

Convergence of the gas and electricity market - Implications for the traditional players

International Nuclear Information System (INIS)

Waffel, H. Dieter

1999-01-01

This presentation begins with an overview of PreussenElektra, a company that generates electricity from a variety of energy sources, including gas. It then describes developments in the European electricity market and finds striking similarities between that market and the electricity market of the USA as of 1992. Then issues concerning convergence of gas and electricity are considered. Experience from the USA shows that experience gained during gas deregulation could be used in electricity deregulation. Many natural synergies exist between the electric and gas markets, which could speed convergence. One of the first signals of convergence will be the formation of strategic alliances between gas and electricity companies. There are many open questions to consider as deregulation is implemented and convergence occurs. Convergence in Europe promises to be a near-term growth opportunity for advocates and consultants. Market dynamics promise that there will be winners and losers. Incumbency is an advantage, not an assurance of success

Convergence of the gas and electricity market - Implications for the traditional players

Energy Technology Data Exchange (ETDEWEB)

Waffel, H. Dieter

1999-07-01

This presentation begins with an overview of PreussenElektra, a company that generates electricity from a variety of energy sources, including gas. It then describes developments in the European electricity market and finds striking similarities between that market and the electricity market of the USA as of 1992. Then issues concerning convergence of gas and electricity are considered. Experience from the USA shows that experience gained during gas deregulation could be used in electricity deregulation. Many natural synergies exist between the electric and gas markets, which could speed convergence. One of the first signals of convergence will be the formation of strategic alliances between gas and electricity companies. There are many open questions to consider as deregulation is implemented and convergence occurs. Convergence in Europe promises to be a near-term growth opportunity for advocates and consultants. Market dynamics promise that there will be winners and losers. Incumbency is an advantage, not an assurance of success.

Convergence of the gas and electricity markets - Implications for the traditional players

Energy Technology Data Exchange (ETDEWEB)

Waffel, H. Dieter

1999-07-01

This presentation begins with an overview of PreussenElektra, a company that generates electricity from a variety of energy sources, including gas. It then describes developments in the European electricity market and finds striking similarities between that market and the electricity market of the USA as of 1992. Then issues concerning convergence of gas and electricity are considered. Experience from the USA shows that experience gained during gas deregulation could be used in electricity deregulation. Many natural synergies exist between the electric and gas markets, which could speed convergence. One of the first signals of convergence will be the formation of strategic alliances between gas and electricity companies. There are many open questions to consider as deregulation is implemented and convergence occurs. Convergence in Europe promises to be a near-term growth opportunity for advocates and consultants. Market dynamics promise that there will be winners and losers. Incumbency is an advantage, not an assurance of success.

New Member States of the EU and EMU – Convergence and the Financial Crisis

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Ines Kersan-Škabić

2010-07-01

Full Text Available The theory of the Optimum Currency Area (OCA clearly accentuates the need for common economic characteristics among states if it is to work well. This paper analyses the extent to which the New Member States of the European Union (NMS satisfy the criteria of nominal and real convergence. Four of these Member States have introduced the Euro, whereas the rest are at different stages of becoming part of the Economic and Monetary Union (EMU. A financial crisis of global proportions implies a number of economic problems in all of the Member States of the EU, especially in the NMS where the new issues have added up to the already grave consequences of the transition period. What is needed is more unity and co-operation within the EU as well as significant financial aid from the IMF and the EU to the New Member States in order to sustain stability in the crisis period. The crisis has again raised the issue of introducing the Euro since membership of the EMU would buffer the effects of the financial crisis provided that the business cycles of the Member States were synchronized. Otherwise an independent monetary policy represents a key instrument in the liquidity regulation of the economy.

Economic development in the European super-periphery: Evidence from the Western Balkans

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Bartlett Will

2009-01-01

Full Text Available This paper argues that the conflicts that afflicted the Western Balkan region in the 1990s pushed the countries into the European 'super-periphery', characterized by deindustrialization and high unemployment, ethnic and regional fragmentation, political turmoil, and instability. Integration into international trade has been disrupted, leading to chronic balance of payments deficits. Low inflows of international capital, due to high country risk, have hindered technological catch-up and weakened international competitiveness. An unattractive environment for productive entrepreneurship has created barriers to the entry of SMEs, and at the same time large informal economies. Several countries have become labour-export economies, with significant outflows of skilled labour. Economic development follows a low-skill growth path. The current global economic crisis is having a further deleterious effect as export revenues, foreign direct investment, and labour remittances all diminish. Furthermore, as transition has proceeded, disparities between capital cities and rural areas have increased, while weak administrative capacities have hindered the implementation of effective local development policies to counteract these effects. Endogenous local development cannot provide an alternative to greater engagement with the global economy. The conclusion is that the countries of the region have been left out of the most beneficial elements of the globalisation process, while simultaneously suffering from its main defects. Without a faster process of accession to the EU, local disparities are likely to widen, and the region may remain within the European super-periphery for the foreseeable future.

Converged Wireless Networking and Optimization for Next Generation Services

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J. Rodriguez

2010-01-01

Full Text Available The Next Generation Network (NGN vision is tending towards the convergence of internet and mobile services providing the impetus for new market opportunities in combining the appealing services of internet with the roaming capability of mobile networks. However, this convergence does not go far enough, and with the emergence of new coexistence scenarios, there is a clear need to evolve the current architecture to provide cost-effective end-to-end communication. The LOOP project, a EUREKA-CELTIC driven initiative, is one piece in the jigsaw by helping European industry to sustain a leading role in telecommunications and manufacturing of high-value products and machinery by delivering pioneering converged wireless networking solutions that can be successfully demonstrated. This paper provides an overview of the LOOP project and the key achievements that have been tunneled into first prototypes for showcasing next generation services for operators and process manufacturers.

FDI in European Economic Architecture. The Case of Romania as an EU Member State

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Aurel Burciu

2016-01-01

Full Text Available The arrangements of regional economic integration have substantially reconfigured the patternof global economy after the Second World War, due to their structural effects, but especially to thenew forms of interdependence which they have created between economies. Our study is based onthe hypothesis that the economic integrated areas are more attractive to investors, especially to thelarge ones such as multinational corporations. Analyzing the flows, respectively the ratio of inwardstock of foreign direct investment to GDP in EU, and Romania, as well as the main indicatorsassessing the presence of multinational corporations in the Common Market and in our countrytoo, we have found that the creation of a larger market and deepening of economic integration hasfuelled a stimulus for investments, although the preference of investors, especially of the nonEuropeans,have been quite highly concentrated on certain locations/countries.

Globalization and Europeanization. A Projection on a European Model of Public Administration

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Ani Matei

2008-04-01

Full Text Available The specialized studies and literature present moreover and insistently the connection between globalization and Europeanization, more precisely between globalization and a European model of integration, whose features aim to set up a global-type European society. The development of the European model of integration starts with economic elements, it reveals nowadays the Economic and Monetary Union and in perspective it will be structured within a sui generis system of transnational governance. The values of the European model of integration become fundamental values of a social process, with powerful economic and political determinations, aiming the multi-causal interference between individual, community and European construction. This process, remarked increasingly in the specialized literature, being assigned with the name of Europeanization, has got original, functional features in the spectrum of significations of the globalization paradigm. As essential global-type formula, within Europeanization, we shall find models with economic, political or social finality, integrating also a model of administration among the latter ones. When we say administration, we refer to its up dated and adequate contents to the new European developments. This assertion derives from a less economic modality to conceptualize the relationship between globalization and Europeanization, presenting Europeanization more as a political adaptation to globalization and even a political expression of globalization. In this context, the development of a system for European governance on several levels (local, regional, national, intergovernmental and supranational suggests its evolution towards globalization. In fact, the literature specific for Europeanization asserts the fact that the European model has also features with integrative nature related to the supranational and trans-governmental dimensions, as well as features with normative nature in view of harmonization

European Industry, 1700 - 1870

NARCIS (Netherlands)

Broadberry, Stephen; Fremdling, Rainer; Solar, Peter M.

2008-01-01

This paper offers an overview of the development of European industry between 1700 and 1870, drawing in particular on the recent literature that has emerged following the formation of the European Historical Economics Society in 1991. The approach thus makes use of economic analysis and quantitative

European Industry, 1700-1870

NARCIS (Netherlands)

Broadberry, Stephen; Fremdling, Rainer; Solar, Peter M.

2008-01-01

This paper offers an overview of the development of European industry between 1700 and 1870, drawing in particular on the recent literature that has emerged following the formation of the European Historical Economics Society in 1991. The approach thus makes use of economic analysis and quantitative

THE ROLE OF ECONOMIC POLICIES FOR EXTERNAL CROSSBORDER AREAS IN SHAPING THE NEW EUROPEAN UNION

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Marcela Șlusarciuc

2012-06-01

Full Text Available As history proves, any enlargement of an overstate structure produces disarticulation and an increase of pressure on the borders of it. On the other side the economy produces integrative effects along the border despite of the original significance of separation that a border has. The crossborder policies of the European Union as regional player are meant to contribute to the economic structure building and enhance the stability inside and outside the Union area. Setting up the normative framework for crossborder relations is a very present-day field, being subject of study and research in all Union bodies, in the Member States governments, candidate countries or beneficiaries of the relations with the Union as well. This normative framework is meant to propel the economic increase and the raise of the daily life conditions in the neighbor countries. Alongside the border there are happening complex phenomena, some of them easy to be quantified, such as economic ones, some of them more difficult that cannot be controlled but only sociologically researched, such as cultural-identity-emotional ones. The paper aims to draw the guiding marks of the European Union external crossborder areas and the crossborder cooperation frame for Romania, to identify already visible and potential effects of the enlargement on the external borders and to make an inventory of policies that should integrate the crossborder economy.

APPLICATION OF EUROPEAN STANDARDS OF FINANCIAL STATEMENTS – INFORMATIONAL RESOURSE OF CONSUMER COOPERATION DEVELOPMENT IN UKRAINE

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Stepan KOSHKAROV

2016-07-01

Full Text Available More than 120 countries use the International Financial Reporting Standards (IFRS and the International Accounting Standards (IAS. The Association Agreement between Ukraine and the EU obliges Ukraine to consider European convergence of accounting and reporting. Since 2012 for some entities the use of IFRS has been compulsory, but for others – voluntary. This trend coincides with the imperative necessity of the consumer cooperation of Ukraine to reform its multilevel informational system as a key component of its effective management and successful implementation of controlling. It is proposed to start reforming with the introduction of IFRS and IAS. Consumer cooperation represents cooperative sector of Ukrainian economy and is included into different international and European cooperative associations. With its historic mission to meet the needs of its members, socio-economic and cultural development of rural areas, in terms of the crisis it faces the serious problem of the systemic reforming under existing conditions through the innovative development and use of experience of economically developed countries, especially the EU.

Eastern Dimension of the European Neighbourhood Policy: Europeanization Mutual Trap

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V. A. Latkina

2014-01-01

Full Text Available The article analyses the Europeanization policy of the European Union towards the Eastern Partnership participant countries. Suffering from the lack of clear strategy and ultimate goal in the European Neighbourhood Policy the European Union enhances external democratization and its governance in post soviet states without immediate Union's membership perspective. Underestimation of common neighbourhood geopolitical duality in the context of growing rivalry between European (EU and Eurasian (Custom Union/Eurasian Economic Union integration gravitation centers presents the Eastern partners of the EU with a fierce dilemma of externally forced immediate geopolitical and civilizational choice while not all of them are well prepared to such a choice. The mutual Europeanization trap here to be studied both for the EU and its Eastern partners (involving Russia is a deficiency of regulating cooperation mechanism in the situation of European and Eurasian free trades zones overlapping. Vilnius Summit 2013 results test the "European aspirations" of the New Independent States and upset the ongoing process of the European Neighbourhood Policy in the context of growing economic interdependence in Wider Europe. Besides, the Ukrainian crisis escalation during 2014 as a new seat of tension provokes unbalance of the whole European security system and creates new dividing lines in Europe from Vancouver to Vladivostok.

CURRENT TRENDS OF THE REGIONAL DEVELOPMENT POLICY IN THE EUROPEAN UNION. THE DEVELOPMENT OF COMPETITIVE ECONOMIC AGGLOMERATIONS OF CLUSTER TYPE

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LAURA CISMAŞ

2010-01-01

Full Text Available The study of economic agents’ behaviour, whose nowadays tendency is togroup themselves in space as clusters, has an important place in the field of localizing industrialactivities. This is due to domestic scale economies, known as agglomerations economies.According to Edgar M. Hoover (Hoover, 1948, domestic scale economies are specific tocompanies; the economies of localizing - to a certain branch, whose companies form clusters incertain geographical arias, and the urbanization economies are specific to cities, where thereare clusters of companies from different branches. The specialty literature regarding localeconomic development, based on the idea of cluster starts from well-known economic theories,such as: agglomeration theory (Alfred Marshall, the theory of spatial localizing of industrialunits (Alfred Weber, the theory of interdependence of locations (Harold Hotelling, the diamondtheory (Michael Porter, the theory of entrepreneurship (Joseph Schumpeter, the theory ofgeographical concentration. Basically, the common point which links them are the conceptswhich occur in these theories, such as: industrial district, industrial agglomeration, spatialinterdependence, concepts which lie at the basis of the cluster idea. Clusters represent animportant instrument for promoting industrial development, innovation, competitiveness andeconomic growth. If, at the beginning, the effort to develop clusters belonged to private personsand companies, nowadays, the actors involved in their development are the governments andpublic institutions of national or regional level.The objective established within the Lisbon Strategy (2000, to make the EuropeanUnion “the most competitive and dynamic knowledge-based economy”, is tightly linked to thenew approaches of the European economic policy, to competitiveness. One of the policies isfocused on developing at the European Union level clusters in the high competitiveness fields. with an innovative character

Greening of Nordic electricity industry: policy convergence and diversity

International Nuclear Information System (INIS)

Midttun, Atle; Gundersen, Mari Hegg; Koefoed, Anne Louise

2004-01-01

With a comparative focus on policy similarity and diversity, this article gives an overview of the main elements of electricity-related environmental policy in the Nordic countries, following the launching of a common electricity market in the 1990s. The article points out that the electricity related environmental policy positions of the Nordic countries showed a noticeable lack of coordination in the 1990s. Nordic divergence is observed both in terms of general policy orientations and at the instrument and incentive levels, in spite of the pioneering development of a common integrated electricity market and ambitious environmental policy goals. The article then highlights how the recent Swedish 'green' certificate market model has created a new momentum for market-based 'greening' with a potential for stronger convergence in Nordic renewable energy policy. In spite of signs of convergence, the article shows how the development of Nordic electricity-related environmental policy still contains considerable ambiguity: Unequal resource endowments, subject to simple resource-based interest formation, should indicate that there is little room for convergence in Nordic renewable energy policy. Shifting the environmental policy focus from existing technologies and resources to potential innovations, however provides a more open arena where the Nordic countries may see themselves served by the dynamic scope of a broader Nordic market based on a common policy approach, such as a green certificate market. In explaining why the Nordic arena may be an interesting locus for common renewable energy policy, the article points out that small countries may need an 'intermediary' arena to aggregate size and scope in order to generate a European momentum in regulatory competition with larger European states. Similarly, Nordic companies may consider the opportunity to gain first mover advantages by partnering with government as local experimentation may be seen as useful pilot

Toward the integration of European natural gas markets:A time-varying approach

International Nuclear Information System (INIS)

Renou-Maissant, Patricia

2012-01-01

Over the past fifteen years, European gas markets have radically changed. In order to build a single European gas market, a new regulatory framework has been established through three European Gas Directives. The purpose of this article is to investigate the impact of the reforms in the natural gas industry on consumer prices, with a specific focus on gas prices for industrial use. The strength of the relationship between the industrial gas prices of six western European countries is studied by testing the Law of One Price for the period 1991–2009. Estimations were carried out using both cointegration analysis and time-varying parameter models. Results highlight an emerging and on-going process of convergence between the industrial gas prices in western Europe since 2001 for the six EU member states. The strength and the level of convergence differ widely between countries. Strong integration of gas markets in continental Europe, except for the Belgian market, has been established. It appears that the convergence process between continental countries and the UK is not completed. Thus, the integration of European gas markets remains an open issue and the question of how far integration will proceed will still be widely discussed in the coming years. - Highlights: ► We investigate the integration of European natural gas markets. ► We use both cointegration analysis and time-varying parameter models. ► We show the failure of cointegration techniques to take account of evolving processes. ► An emerging and on-going process of convergence between the industrial gas prices is at work. ► Strong integration of gas markets in continental Europe has been established.

Agenda Responsiveness in the European Council

DEFF Research Database (Denmark)

Alexandrova, Petya; Rasmussen, Anne; Toshkov, Dimiter

2016-01-01

The existence of political responsiveness in multi-level systems like the EU remains an open question despite significant recent research on the topic. This article studies whether the European Council responds to the shifting policy priorities of European citizens. More specifically, it explores......, a detailed examination of the shifts in prioritisation of single issues over time reveals little evidence for dynamic issue responsiveness. Recently the European Council has paid more attention to the issues that the public considered the most pressing problems but the convergence could possibly be driven...

Is there flexibility in the European Semester process? : Exploring interactions between the EU and member states within post-crisis socio-economic governance

NARCIS (Netherlands)

Bekker, Sonja

The consequences of the Eurozone crisis has spurred increased coordination of member state public finances at European level. This also entails the scrutiny of socio-economic issues within the framework of the European semester. However, this process also includes aspects of negotiation in which the

Impact of hepatitis B vaccination on acute hepatitis B epidemiology in European Union/European Economic Area countries, 2006 to 2014

Science.gov (United States)

Miglietta, Alessandro; Quinten, Chantal; Lopalco, Pier Luigi; Duffell, Erika

2018-01-01

Hepatitis B prevention in European Union/European Economic Area (EU/EEA) countries relies on vaccination programmes. We describe the epidemiology of acute hepatitis B virus (HBV) at country and EU/EEA level during 2006–2014. Using a multi-level mixed-effects Poisson regression model we assessed differences in the acute HBV infection notification rates between groups of countries that started universal HBV vaccination before/in vs after 1995; implemented or not a catch-up strategy; reached a vaccine coverage ≥ 95% vs  0.05) were found in the acute HBV infection notification rates between groups of countries, while as vaccine coverage increased, such rates decreased (p < 0.01). Countries with universal HBV vaccination before 1995, a catch-up strategy, and a vaccine coverage ≥ 95% had significant decreasing trends (p < 0.01). Ending HBV transmission in Europe by 2030 will require high vaccine coverage delivered through universal programmes, supported, where appropriate, by catch-up vaccination campaigns. PMID:29439751

European Union Antitrust Enforcement against Cartels – Priorities in the Context of Globalisation of Business and Economic Crisis

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Iordache Lucia

2014-07-01

Full Text Available In the context of globalisation and EU member states’ efforts to overcome the difficulties of the economic crisis, realising the full potential of the Single Market is the main component of a credible plan for higher and sustainable growth in the EU. Competition policy is the central pillar of the Single Market. A strong antitrust enforcement, especially fighting cartels and preventing the creation of new ones, is at the core of open and fair pan-European markets, higher productivity and growth across Europe. This article summarizes the activities of the European Commission for the investigation and sanctioning of companies involved in cartels, focusing on the effectiveness of preventive policy of the Commission in antitrust enforcement, reflected in particular by the evolution of the fines imposed in cartel cases. The analysis outlines how antitrust policy contributes to strengthening the single market and the EU economic growth and examines the challenges for the implementation of antitrust policy caused by the changes in the dynamics and complexity of the economic environment, at the national and international level.

Economic evaluation of the randomized European Achalasia trial comparing pneumodilation with Laparoscopic Heller myotomy.

Science.gov (United States)

Moonen, A; Busch, O; Costantini, M; Finotti, E; Tack, J; Salvador, R; Boeckxstaens, G; Zaninotto, G

2017-11-01

A recent multicenter randomized trial in achalasia patients has shown that pneumatic dilation resulted in equivalent relief of symptoms compared to laparoscopic Heller myotomy. Additionally, the cost of each treatment should be also taken in consideration. Therefore, the aim of the present study was to perform an economic analysis of the European achalasia trial. Patients with newly diagnosed achalasia were enrolled from to 2003 to 2008 in 14 centers in five European countries and were randomly assigned to either pneumatic dilation (PD) or laparoscopic Heller (LHM). The economic analysis was performed in the three centers in three different countries where most patients were enrolled (Amsterdam [NL], Leuven, [B] and Padova [I]) and then applied to all patients included in the study. The total raw costs of the two treatments per patient include the initial costs, the costs of complications, and the costs of retreatments. Two hundred and one patients, 107 (57 males and 50 females, mean age 46 CI: 43-49 years) were randomized to LHM and 94 (59 males and 34 females, mean age 46 CI 43-50 years) to PD. The total cost of PD per patient was quite comparable in the three different centers; €3397 in Padova, €3259 in Amsterdam and €3792 in Leuven. For LHM, the total costs per patient were highest in Amsterdam: €4488 in Padova, €6720 in Amsterdam, and €5856 in Leuven. In conclusion, the strategy of treating achalasia starting with PD appears the most economic approach, independent of the health system. © 2017 John Wiley & Sons Ltd.

Hegemonic Decline, West European Unification, and the Future Structure of the Core

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Volker Bornschier

1995-08-01

Full Text Available This paper queries the applicability of hegemonic cycle theories to the emerging structure in the core of the world political economy and argues that we are likely, following this period of relative decline in American hegemony, to witness the emergence of hegemonic social practices in the absence, however, of a hegemonic state. Contrasting new beginnings with past patterns, we will suggest arguments why history will not be repeated. Drawing on our research on the Single European Act (SEA, we argue that the bargain struck between the Commission of the European Union and West European transnational corporations, which culminated in the SEA, represents more than a decisive step towards economic and political union. We see it, more significantly, as embodying Europe's response to its declining position through an attempt to articulate a new societal model capable of successfully replacing the disarticulated post-WWII Keynesian social-welfare model, and of competing with the Japanese and American societal models. In the future, it is very unlikely that power among the actors in the Triad will be so unevenly distributed as to permit the rise of a new hegemonic state. While it would seem, judging from historical experience, that the presence of a hegemonic state was functionally necessary for the establishment of hegemonic social practices in the core, we argue that another mechanism has now moved to the forefront. Due to pressures generated through increasing economic globalization, linked to demands associated with the quest for legitimacy on the part of democratic governments, we foresee, following a period of increased economic competition, the convergence of social practices around a single societal model.

Endogeneity and Specialization in the European Monetary Union

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Bąk Henryk

2015-06-01

Full Text Available There has been a broad discussion about the viability of the European Monetary Union (EMU in its present and prospective confines. Generally, the EMU, consisting of 19 countries, is not considered an optimal currency area due to low labor market flexibility, autonomous fiscal policies, and structural differences among its members. Considerations about the endogeneity effect of currency unions lead to the question whether the EMU will become more viable over time. According to the endogenity hypothesis formulated by Frankel and Rose [1996, 2000], a common currency area may gradually become an optimal currency area at some future point (ex post unification, despite not having been an optimal currency area (OCA prior to (ex ante currency unification. Currency unification should bring about increased intra-industry trade and greater business cycle synchronization among member states. The most recent literature and analyses presented in this paper suggest that the endogenity effect in the EMU has been frail since its onset. While real convergence between EMU member states has not advanced, divergence in i.a. economic structures, national income and productivity levels is observed. The most important economic mechanisms reinforcing convergence and divergence among monetary union members are presented in this paper. Using recent data and related research results, we show a significant divergence in economic structures, business cycle synchronization and productivity levels among Eurozone members in the last decade. The Krugman sectorial dissimilarity index is applied to measure changes in industrial similarity among member countries and the Hodrick-Prescott filter to estimate business cycle synchronization in the EMU. These divergence tendencies have been strengthened by the global financial crisis of 2008 and persist, calling for reforms and new policies within the EMU.

Worldwide Growth Convergence in the New Millennium: An Empirical Investigation

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Lawrence J. Gomes

2015-08-01

Full Text Available Economic growth is an important ingredient for reducing poverty and achieving the Millennium Development Goals proposed by United Nations in 2000. Meeting these goals by the proposed 2015 target data depends on the ability of poor nations to grow their economies and improve their standards of living. Neoclassical and new growth theory suggests that there should be a negative relationship between a nation’s initial income and subsequent growth giving rise to either absolute convergence (income levels of all nations converge over time or conditional convergence (each nation converges to its unique steady-state income level. Using the most recent (2000-2013 World Bank data and cross-country regression techniques, I evaluated whether convergence has been occurring in the world in the last decade. My results showed a robust negative relationship between starting income level and subsequent growth. Savings and education were also associated with growth whereas trade was not. Overall, these results support the notion of convergence which is an encouraging finding as the world approaches the 2015 post-development agenda.

Structural convergence under reversible and irreversible monetary unification

NARCIS (Netherlands)

Beetsma, R.M.W.J.; Jensen, H.

2003-01-01

We explore endogenous monetary unification in the context of a model in which a country with serious structural distortions (and, hence, high inflation) is admitted into a monetary union once its economic structure has converged sufficiently towards that of the existing participants. If unification

Structural convergence under reversible and irreversible monetary unification

NARCIS (Netherlands)

Beetsma, R.M.W.J.; Jensen, H.

1999-01-01

We explore endogenous monetary unification in the context of a model in which a country with serious structural distortions (and, hence, high inflation) is admitted into a monetary union once its economic structure has converged sufficiently towards that of the existing participants. If unification

EU COHESION POLICY NEEDS DIFFERENTIATED POLICY MIX ADEQUATE TO SPECIFICS OF ECONOMIC REGIONS

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Gheorghe ZAMAN

2008-06-01

Full Text Available The 2007-2013 programming period of the EU focuses on economic and social cohesion via three fundamental objectives: convergence – competitiveness and employment – European territorial co-operation. The horizontal dimension of cohesion policy refers to diminishing the regional disparities and solidarity with the lagging regions’ population. Considering the big regional disparities in the New Member States (NMS as well as the gap between their GDP per capita at national level and the EU average, these countries are the main beneficiary of the EU financial allocations, especially via convergence objective. However, two interrelated questions are entailed by this issue. One of them refers to the capacity of these countries to absorb effectively the EU funds. The other one concentrates on the impact of the absorbed EU funds, in other words to the qualitative aspects of the absorption capacity. Our paper discusses these aspects mainly from the viewpoint of regional disparities in the NMS, proposing a typology of their regions based on the main regional growth characteristics. The implications of the structural assistance on regional disparities are also addressed, taking into consideration economic and social criteria and requirements at EU, national, regional and local levels.

The Analysis of the Real Convergence of the Countries from Central and Eastern Europe

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Roxana Badircea

2016-11-01

Full Text Available This thesis treats extremely present aspects regarding the evolutions of the emerging economies within the new member states of the European Union insisting on the analysis of the convergence process from a real perspective. Beside the achievement of a monetary union, one of the fundamental objectives of the European Union is represented by the reducing of the disparities regarding the level of development among the member states. One of the ways of appreciating the reduction of the disparities between the economies involve a reduction of the gap as far as the GDP level/inhabitant is concerned or in other words, a real convergence. A series of statistic data are analysed in order to point out the extent to which the central ad East-European states have managed to reduce the gap in report to the developed member states of the EMU, using indicators for the appreciation of the real convergence: the GDP per inhabitant, the monthly average salary, the poverty rate, the contribution of the main sectors of the economy in the formation of the GDP and the unemployment rate. From the analysis of the statistic data one can observe that the highest degree of real convergence is held by Slovenia, which distanced a lot from the other EEC states, followed by the Czech Republic. Regarding from the point of view of the evolution of the EEC countries during the entire analysed period, based on the dynamics of the indicators and of the speed of catching up the gaps we can also notice the performance of the Baltic countries. Unfortunately, Romania and Bulgaria are way behind the other EEC countries.

Cubature on Wiener Space: Pathwise Convergence

International Nuclear Information System (INIS)

Bayer, Christian; Friz, Peter K.

2013-01-01

Cubature on Wiener space (Lyons and Victoir in Proc. R. Soc. Lond. A 460(2041):169–198, 2004) provides a powerful alternative to Monte Carlo simulation for the integration of certain functionals on Wiener space. More specifically, and in the language of mathematical finance, cubature allows for fast computation of European option prices in generic diffusion models.We give a random walk interpretation of cubature and similar (e.g. the Ninomiya–Victoir) weak approximation schemes. By using rough path analysis, we are able to establish weak convergence for general path-dependent option prices.

Regional Convergence of Income: Spatial Analysis

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Vera Ivanovna Ivanova

2014-12-01

Full Text Available Russia has a huge territory and a strong interregional heterogeneity, so we can assume that geographical factors have a significant impact on the pace of economic growth in Russian regions. Therefore the article is focused on the following issues: 1 correlation between comparative advantages of geographical location and differences in growth rates; 2 impact of more developed regions on their neighbors and 3 correlation between economic growth of regions and their spatial interaction. The article is devoted to the empirical analysis of regional per capita incomes from 1996 to 2012 and explores the dynamics of the spatial autocorrelation of regional development indicator. It is shown that there is a problem of measuring the intensity of spatial dependence: factor value of Moran’s index varies greatly depending on the choice of the matrix of distances. In addition, with the help of spatial econometrics the author tests the following hypotheses: 1 there is convergence between regions for a specified period; 2 the process of beta convergence is explained by the spatial arrangement of regions and 3 there is positive impact of market size on regional growth. The author empirically confirmed all three hypotheses

The European Union's Africa Policy

DEFF Research Database (Denmark)

Olsen, Gorm Rye

2013-01-01

For a number of years, there has been an international debate on whether and to what extent small member states can influence the common external policies of the European Union. Recent research on the role of small EU states concludes that these states are neither per se political dwarfs nor power...... including North–South and specifically Africa policies. Five separate analyses are carried out addressing the question of Nordicization and Europeanization. Based on the empirical analyses, it is not possible to confirm the hypothesis that a Nordicization of the European Union's Africa policy has taken...... place. Rather, it appears adequate to talk about convergence of policies between the Nordics and the EU and therefore, the Africa policies of both actors are basically the result of Europeanization....

EURATOM. Considered from an economic perspective

International Nuclear Information System (INIS)

Balke, Siegfried

2015-01-01

The European Atomic Energy Community (EAG-EURATOM), which was organisationally established on 1st January 1958, is not to the same degree part of an economic discussion as the European Economic Community. The EAG has a strongly accentuated technical-scientific character and is often economically considered as appendix of major economic integration efforts within Europe. Still it would be wrong not to suspect economical effective components within the European Atomic Energy Community. The opposite is already recognisable as the EAG needs to integrate itself into a system of international organisations and institutions, which are already existent in the field of a friendly exploitation of nuclear power and which embrace a larger geographical field as the six - member-states of the EURATOM, the European Economic Community and the European Coal and Steel Community. One advantage of the treaty on establishing the European community is that it considers the Atomic Energy Community as an important but not independent branch from general economic activity. The organisational bracket for all three European Treaties of Integration will be the common Parliament and - what is to be expected, in its practical impact a -not to be underestimated- joint headquarters for all three institutions.

Determining the Efficiency of Adaptation of Foreign Economic Activity of Machine-Building Enterprises in Conditions of Deepening the European Integration Process of Ukraine

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Semeniuk Iryna Yu.

2018-02-01

Full Text Available The article determines that introduction and implementation of the mechanism for foreign economic adaptation of machine-building enterprises to the conditions of the European integration processes requires constant monitoring of the processes of export-import operations and the adaptation activities to identify current problems and avoid risks. It has been found that one of the monitoring instruments is the system of indicators, which provides to evaluate the efficiency of use of the mechanism for foreign economic adaptation of a machine-building enterprise by comparing the values of the obtained indicators after accomplishing adaptation changes with the values of the indicators of previous periods. It is suggested to determine efficiency of adaptation of foreign economic activity of machine-building enterprises to conditions of deepening of the European integration process of Ukraine by means of: index of change of volume of exported production of a machine-building enterprise to the EU countries; weighted average of the change in the share of the European market, which is covered by the enterprise’s products; indicator of efficiency of exports of production of a machine-building enterprise to the European Union countries; indicator of the index of changes in the volume of permanent orders from European partners; integral indicator of efficiency of use of adaptive potential of a machine-building enterprise in conditions of integration processes.

THE IMPLICATIONS OF GROSS FIXED CAPITAL AND UNEMPLOYMENT RATE ON GENERAL GOVERNMENT DEFICIT. EMPIRICAL STUDY AT THE EUROPEAN LEVEL

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Mihai Carp

2010-12-01

Full Text Available In this paper we have evaluated the influence of the modification of public investment level and unemployment rate on the general government deficit at the European Union level. We have created a regression model that shows that a sustained and increased investment policy and the reduction of unemployment rate have a favorable effect on the objective of minimizing the budget deficit. In the last years European Union’s countries had to face a difficult problem concerning fiscal policy. They had to make public investments to stimulate economic growth and, in the same time, they had to meet the convergence criteria’s of public deficit. On the other hand, EU has to deal with a higher rate of unemployment. Through our model we try to see how European Union countries should implement their political strategies on unemployment and investment with the main objective of reducing the general government deficit.

Meeting the challenge of funding and allocating resources to mental health across Europe: developing the Mental Health Economics European Network.

Science.gov (United States)

McDaid, David; Knapp, Martin; Curran, Claire

2006-01-01

There is growing demand for economic analysis to support strategic decision-making for mental health but the availability of economic evidence, in particular on system performance remains limited. The Mental Health Economics European Network (MHEEN) was set up in 2002 with the broad objective of developing a base for mental health economics information and subsequent work in 17 countries. Data on financing, expenditure and costs, provision of services, workforce, employment and capacity for economic evaluation were collected through bespoke questionnaires developed iteratively by the Network. This was augmented by a literature review and analysis of international databases. Findings on financing alone suggest that in many European countries mental health appears to be neglected while mechanisms for resource allocation are rarely linked to objective measure of population mental health needs. Numerous economic barriers and potential solutions were identified. Economic incentives may be one way of promoting change, although there is no 'one size fits all solution. There are significant benefits and synergies to be gained from the continuing development of networks such as MHEEN. In particular the analysis can be used to inform developments in Central and Eastern Europe. For instance there is much that can be learnt on both how the balance of care between institutional and non-institutional care has changed and on the role played by economic incentives in ensuring that resources were used to develop alternative community-based systems.

The economical and environmental performance of miscanthus and switchgrass production and supply chains in a European setting

NARCIS (Netherlands)

Smeets, E.M.W.; Lewandowski, I.M.; Faaij, A.P.C.

2009-01-01

The purpose of this study is to analyse the economical and environmental performance of switchgrass and miscanthus production and supply chains in the European Union (EU25), for the years 2004 and 2030. The environmental performance refers to the greenhouse gas (GHG) emissions, the primary fossil

The adverse effect of real effective exchange rate change on trade balance in European transition countries

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Selena Begović

2017-12-01

Full Text Available Most European transition countries have fixed or highly managed flexible exchange rate regimes. This exchange rate rigidity is sometimes argued to worsen the trade balance by keeping the currency overvalued. However, there is no unambiguous evidence that currency depreciation/devaluation positively affects trade balance and leads towards the adjustment, even in the short-run. Therefore, we examine the effect of real effective exchange rate (hereafter REER on trade balance in European transition economies over the period 2000-2015. By using fixed effect model for static and generalised method of moments for dynamic estimation, we find that there is an adverse effect of the REER on trade balance in European transition countries over the period 2000-2015. Namely, depreciation of REER deteriorates trade balance in European transition countries, which could be explained by high import dependence and low export capacity. This implies that policymakers in European transition countries should not use exchange rate policy to improve trade balance. This is important in the light of their accession towards European economic and monetary integration, implying that these countries should focus more on using fiscal, rather than monetary (and exchange rate, policy to adjust trade balance, which is one of the required real convergence towards the EU standards.

Development integration via real and technological convergence. Experience of Poland and conclusions for Ukraine

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Michał G. Woźniak

2014-09-01

Full Text Available The paper summarizes main achievements, losses and gains during the first decade of Poland's membership in the EU, while also aiming at development of suggestions for the Polish economic policy in the years to come, as well as draws conclusions for Ukraine, which has now elected the strategy of international economic cooperation. The first part of the paper presents an empirical analysis of Poland's both real and technological convergence with the developed EU countries. These data show that since 1994, as the process of Poland integration with the EU commenced, our country significantly reduced the income and technology gap as compared to the EU. During the financial crisis, Poland 'felt' better than most European countries. In the second part of the paper we attempt to answer the question as to the current conditions of Polish economy development. It is demonstrated that Poland's economic success was due to multiple factors such as endogenous and exogenous, historical and those derived from present events. However, it can be assumed that integration with the EU has been an important positive factor in development of Poland during recent 20 years. Great importance was also vested in the implementation of economic reforms in Poland as well as in policy of the government, although not faultless. The last section of the paper identifies problems now faced by the EU and individual member states, including Poland as regards future years till 2020

Principles of Islamic Finance and Principles of Corporate Social Responsibility: What Convergence?

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Simona Franzoni

2018-02-01

Full Text Available Islamic Finance, among its other features, figures as a financial and economic model based on principles and ethical values in which sustainable development and social responsibility play an essential role. The aim of this study is to illustrate the concept of Corporate Social Responsibility (CSR with specific reference to Islamic financial institutions, their principles, values and objectives, in order to understand the underpinning dynamics and identify the convergences between the principles underlying conventional CSR and those of Islamic Finance. Specifically, the ultimate purpose of the comparison is to highlight how CSR may constitute a significant factor of convergence between Islamic and conventional finance systems, going beyond the logic of sustainability in short-term marketing policy and implementing medium- and long-term sustainability. This approach aims at increasing the potential for value creation and the pursuit of economic, social and environmental results for all stakeholders. This convergence should, finally, create conditions favourable to the harmonisation of the regulations and directives relative to CSR in the different countries, and therefore a better integration between Islamic finance institutions and conventional ones in the economic contexts.

Convergence accommodation to convergence CA/C ratio: convergence versus divergence.

Science.gov (United States)

Simmons, Joshua M; Firth, Alison Y

2014-09-01

To determine whether the convergence accommodation to convergence (CA/C) ratio during divergence with base-in (BI) prisms is of a similar or different magnitude to that measured during convergence with base-out (BO) prisms. Eighteen participants with normal binocular single vision were recruited. The participants viewed a pseudo-Gaussian target, which consisted of a light emitting diode (LED) behind a diffusing screen at 40 cm. After 5 minutes of dark adaptation, the refractive status of the eye was measured without any prism using a Shin-Nippon SRW-5000 autorefractor. The participant held the selected prism (5Δ or 10Δ BO or BI, counterbalanced) in front of their right eye and obtained a single, fused image of the target while refractive measures were taken with each. A 30-second rest period was given between measurements. The mean age of the participants was 20.6±3.22 years. The mean CA/C ratios for the 5Δ BO, 10Δ BO, 5Δ BI, and 10Δ BI were 0.108 (±0.074) D/Δ, 0.110 (±0.056) D/Δ, 0.100 (±0.090) D/Δ, and 0.089 (±0.055) D/Δ, respectively. A 2-factor repeated measures ANOVA found that the CA/C ratio did not significantly change with differing levels of prism-induced convergence and divergence (p=0.649). Change in accommodation induced by manipulating vergence is similar whether convergence or divergence are induced. The CA/C ratio did not show any change with differing levels of prism-induced convergence and divergence.

Pharmaco-economics of levosimendan in cardiology: a European perspective.

Science.gov (United States)

Nieminen, M S; Buerke, M; Parissis, J; Ben-Gal, T; Pollesello, P; Kivikko, M; Karavidas, A; Severino, P; Comín-Colet, J; Wikström, G; Fedele, F

2015-11-15

Heart failure places a significant economic burden on health care. Acute heart failure requires hospitalization and often frequent re-hospitalization in expensive wards where vasoactive rescue therapy is often added on top of standard medications. In these lean times, there is a growing need for cost-effective therapeutic options that supply superior support and in addition shorten the length of stay in hospital and reduce re-hospitalization rates. The inodilator levosimendan represents the latest addition to the vasoactive treatments of acute heart failure patients, and it appears to meet these expectations. Our aim was to answer the question whether the treatment efficacy of levosimendan - when selected as therapy for patients hospitalized for acute heart failure - brings savings to hospitals in various European countries representing different economies. We took a conservative approach and selected some a fortiori arguments to simplify the calculations. We selected seven European countries to represent different economies: Italy, Spain, Greece, Germany, Sweden, Finland and Israel. Data on the costs of medications and on the cost per day were collected and fed in a simple algorithm to detect savings. These saving varied from country to country, from a minimum of €0.50 in Germany to a maximum of €354.64 in Sweden. The use of levosimendan as a therapy for patients hospitalized for acute heart failure provides a net saving to hospitals driven by a reduction in the length of hospital stay. This finding is true in each of the countries considered in this study. Copyright © 2015. Published by Elsevier Ireland Ltd.

Income, Economic Structure and Trade: Impacts on Recent Water Use Trends in the European Union

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Rosa Duarte

2018-01-01

Full Text Available From the mid-1990s to the recent international economic crisis, the European Union (EU27 experienced a significant economic growth and a flat population increase. During these years, the water resources directly used by the EU countries displayed a growing but smooth trend. However, European activities intensively demanded water resources throughout the whole global supply chain. The growth rate of embodied water use was three times higher than the growth in water directly used by these economies. This was mainly due to the large upsurge of virtual water imports in the EU (e.g., about 25% of the change in water imports in the world was directly linked to the increasing imports in the EU27 countries. In this context, we analyze water use changes in the EU27 from 1995 to 2009, combining the production and consumption perspectives. To that aim, we use the environmentally extended input-output approach to obtain the volume of water embodied in domestic production and in trade flows at the sector and country levels. In the empirical analysis, we utilize multi-regional input-output data from the World Input Output Database. In addition, by means of a structural decomposition analysis we identify and quantify the factors explaining changes in these trends. We focus both on the role of domestic production and trade and estimate the associated intensity, technology and scale effects. This analysis is done for different clusters, identifying singular patterns depending on income criteria. Our results confirm the boost of demand growth in that period, the positive but negligible effect of structural change, and the decline in water intensity which, however, was not enough to compensate the effects on water associated to the economic expansion in the period. These findings also point at a gradual substitution of domestic water use for virtual water imports. More concretely, in most countries the food industry tended to reduce its backward linkages with the

Customs tariffs and the policy of custom tariffs in the function of the realization of regional economic integrations: The example of the European Union

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Vranješ Mile

2012-01-01

Full Text Available Custom tariffs and the policy of custom tariffs have always been important instruments in the protection of domestic production from foreign competition, though the more in the past, the less in today's global economic environment. The idea of protectionism in international trade hasn't evaded the European Union either. The European Union has a common protectionist policy against countries that are not member to it. The agricultural production and the policy of administrative levies on the import of agricultural products pertain to the area that enjoys the highest degree of protection. The realization of such protectionist policy makes the international trade less free, while the free movement of goods is quintessential to the economic growth of the European Union, other regional economic integrations, individual countries and the society as such. The World Trade Organization, which imposes its own rules on the international trade, the creation of regional economic organizations in today's environment of international trade and free-trade agreements between individual states shrank to minimal the diapason of various protectionist measures and instruments. The decline of the idea of protectionism in international trade is evidenced by data on the share of the customs tariffs in the total fiscal revenues of the European Union and of the GDP of the member states. Namely, the fiscal impact of custom tariffs for some years shows a descending tendency, above all due to the process of globalization in foreign trade and liberalization at the scale of global economy. The European Union will be able to facilitate the development of the regional economic integrations only through the liberalization of foreign trade, because the idea of protectionism in international trade doesn't have perspectives on the long run.

THE IMPACT OF THE MANUFACTURING INDUSTRY ON THE ECONOMIC CYCLE OF EUROPEAN UNION COUNTRIES

Directory of Open Access Journals (Sweden)

Marcel Behun

2018-03-01

Full Text Available The manufacturing industry is a key sector in many national economies and is involved in creating sustainable economic growth. At the same time, it is a sector sensitive to internal and external impacts that result in fluctuations in the economic cycle, copying its development or even outstripping the development of economic cycles. The main objective of this contribution was to identify the relationship between manufacturing and GDP, which represents the economic cycle in European Union countries. The time series of selected indicators of the manufacturing industry and GDP from the Eurostat database for Q1 2000-Q4 2016 were used for analysis purposes. An analysis of 296 time series with a quarterly periodicity from 22 EU countries (including the United Kingdom was performed. The results of analyses indicate that the processing industry is a sector with significant cyclical behavior. In most countries, production and sales in the manufacturing industry behaved as concurrent indicators, changes in production and sales almost immediately reflected in the growth or decline in GDP. Labor market indicators have been shown to be delayed cyclical indicators. Changes in the economic development of the countries have a strong impact on employment, the remuneration of employees and the number of hours worked in the sector. Strong cyclical industries must be constantly monitored, as negative changes in these sectors will automatically exacerbate the economic cycle recession. The results of our analyses represent a valuable platform for economic policy makers and regional strategic plans.

Economic analysis of the cross-border coordination of operation in the European power system

International Nuclear Information System (INIS)

Janssen, Tanguy

2014-01-01

The electricity high voltage transmission networks are interconnected over most of the continents but this is not the case of the power system organizations. Indeed, as described with the concept of integrated power system, the organization over these large networks is divided by several kinds of internal borders. In this context, the research object, the cross-border coordination of operation, is a set of coordination arrangements over internal borders between differing regulatory, technical and market designs. These arrangements can include for instance the famous market couplings, some cost-sharing agreements or common security assessments among several other solutions. The existence and improvement of the cross-border coordination of operation can be beneficial to the whole integrated power system. This statement is verified in the European case as in 2012 where several regional and continental coordination arrangements are successfully implemented.In order to benefit from the European experience and contribute to support the European improvement process, this thesis investigates the cross-border coordination of operation in the European case with four angles of study. First, a modular framework is built to describe the existing solutions and the implementation choices from a regulatory point of view. Second, the thesis analyses the tools available to assess the impact of an evolution of the cross-border coordination. Third, the role of the European Union (EU) is described as critical both for the existing arrangements and to support the improvement process. The last angle of study focuses on two dimensions of the economic modes of coordination between transmission system operators. (author)

Environmental pressures from European consumption and production. A study in integrated environmental and economic analysis

Energy Technology Data Exchange (ETDEWEB)

Watson, D. [Copenhagen Resource Institute, Copenhagen (Denmark); Fernandez, J.A.; Wittmer, D. [Wuppertal Institute, Wuppertal (Germany); Gravgaerd Pedersen, O. [Statistics Denmark, Copenhagen (Denmark); European Topic Centre on Sustainable Consumption and Production, Copenhagen (Denmark)

2013-03-15

Environmental pressures from European consumption and production shows how economic and environmental data can be integrated to analyse environmental performance and material efficiency of whole economies as well as their individual elements. The analyses presented in the report provide policy makers with a tool to target economic incentives and information campaigns, encouraging a shift to more sustainable production and consumption patterns in order to reduce Europe's global footprint. The report discusses two analytical approaches. The production-based method considers direct environmental pressures caused by European industries and service providers - for example, the extraction of material resources by the mining and quarrying sector, air pollutants from power stations, greenhouse gas emissions from agriculture and so on. The consumption-based method focuses on the indirect environmental pressures caused by European consumers. In this approach, the direct production-related pressures are attributed to broad groups of products and services, also taking into account pressures that are embodied in goods imported into the EU. Using Environmentally Extended Input Output Analysis (EE-IOA) it is possible to estimate the environmental pressures ultimately generated by individual product groups and also by European consumption as a whole. Four types of environmental pressures are considered by the report: raw material use, greenhouse gas emissions, acidifying air emissions, and air pollutants leading to harmful ground-level ozone. However, the method has the potential to assess many other types of environmental pressure including land use, water use, waste generation and energy use. Thanks to the conceptual consistency between the system of national economic accounts and environmental accounts, data on environmental pressures is directly comparable to economic expenditure. Policy makers can thus see which sectors have been most successful in decoupling

ACCOUNTING CONVERGENCES AND DIVERGENCES IN THE CONTEXT OF HARMONIZATION AND THE COMPLIANCE OF NATIONAL REGULATIONS WITH DIRECTIVE 2013/34/EU

Directory of Open Access Journals (Sweden)

Mateș Dorel

2015-09-01

Full Text Available The accounting field difficulties, generated by the social or cultural climate, often lead to distortions in economic behaviour which involve the loss of economic and financial opportunities or lead to ineffective activities. The increasingly globalisation of economies, the financial requirements statement users and the globalization of capital markets have introduced new forms of financial reporting; thus the contemporary evolution of accounting is marked by the following phenomena: standardization, harmonization, compliance and convergence. Based on the need for modernization and improvement of the European Directives, Directive 2013/34/EU focuses on at least four important aspects: the faithful representation of the information presented in the financial statements, financial reporting cost reduction, fighting against tax evasion and avoiding money laundering. In the present paper, we aim to highlight the elements which will undergo significant change as well as their impact on the entities in our country through the implementation of this directive.

Funds Used by the European Union in the Convergence Approach and Turkey

Directory of Open Access Journals (Sweden)

Ahmet Keleş

2016-06-01

Full Text Available The article is to show the twinning mechanism as a convergence tool in a states accession process. Since it’s beginning in 1998 more than 1300 projects have been carried out in the scope of candidate states’ convergence process. Due to these projects the states’ administrative and judicial systems have been restructured. Thus, the capacity of Union legislation’s applicability enhanced and the programs have been used to strengthen the institutional structures in all the sectors in the scope of instrument for Pre-Accession Assistance. Starting from the December 17, 2001 various funds were launched for use in Turkey in order to ensure compliance with the EU acquis communautaire within the accession process of the state and to facilitate the fulfillment of the obligations which are specified in the Accession Partnership Document and National Programme of Turkey. The EU funds and their use within the scope of the approach and the contributions provided to institutions implementing the projects to the Legislative System of Turkey are to be discussed in the research.

Is there a European way of war?

DEFF Research Database (Denmark)

Vennesson, P.; Breuer, F.; de Franco, Chiara

2009-01-01

Europe is the region of the world where the network of security institutions is the densest. Yet, these institutions did not erase differences about conceptions of force employment among European countries and between European countries and the United States. Why have concepts of military power...... and force employment remained distinct and varied in Europe, and yet, what facilitates their convergence at the European Union level into the ambiguous notion of crisis management? We argue that an important answer to these questions is endogenous to the military: both role conceptions and organizational...

Spatial Convergence in Height in Central Europe, 1890-1910

Czech Academy of Sciences Publication Activity Database

Brabec, Marek; Komlos, J.

2009-01-01

Roč. 18, č. 1 (2009), s. 90-112 ISSN 0926-6437 Institutional research plan: CEZ:AV0Z10300504 Keywords : spatial convergence * inequality * physical stature * economic growth * biological standard of living * Habsburg Monarchy * anthropometric history Subject RIV: BB - Applied Statistics, Operational Research

COMPARABLE ANALYSIS REGARDING KEY MACROECONOMIC INDICATORS ON MOLDOVA’S WAY TOWARDS EUROPEAN INTEGRATION

Directory of Open Access Journals (Sweden)

Valentina GANCIUCOV

2015-07-01

Full Text Available As Moldova has the purpose to enter the European Union the actual situation in the country is analyzed in this article. The article gives the comparative analysis of the basic parameters of Moldova with the other European Union country-members to define the ways of development of the country in the given direction. Since 1994 relations between Moldova and the European Union have developed on an upward trajectory. The dialogue between the two sides officially started that year with the signing of the Partnership and Cooperation Agreement (PCA, which entered into force in 1998 and provided the basis for cooperation with the EU in political, commercial, economic, legal, cultural fields. EU-Moldova relations have advanced to a higher level in 2009 when the country participated in the Eastern Partnership – an instrument of European policy that favored the signing on 29 May 2013 of the Association Agreement, the document which came to replace previous PCA and that is currently the most important element of the legal framework of Moldova-EU dialogue. But beyond the respective treaties signed, individually, between EU and states that intend to join the European community, there are a number of fundamental requirements3 (criteria, which condition the process of European integration of the state with declared intentions of accession. The aim of the research is to analyze to what extent Moldovan economy meet the requirements of economic alignment with EU standards, achieving a comparative analysis of the main relevant macroeconomic indicators. Research methodology. For analysis were used analysis-synthesis method, comparison method and others. Results of the analysis. Part of the criteria analyzed converge with EU requirements, while the most relevant indicators regarding standards of living show reserves show reserves for future improvement, such as the average wage, the lending rate, the exchange rate of the Moldovan Leu against the major international

Existe convergência espacial da produtividade agrícola no Brasil?

Directory of Open Access Journals (Sweden)

Eduardo Simões de Almeida

2008-03-01

Full Text Available Este trabalho analisa a convergência espacial da produtividade agrícola da terra para as microrregiões brasileiras entre o período de 1991 a 2003. Tal análise avalia se há evidências para a existência de convergência beta da produtividade agrícola, controlando-se explicitamente para efeitos espaciais. Para tanto, conduziu-se preliminarmente uma análise exploratória de dados espaciais, que detectou a presença de autocorrelação espacial para a produtividade da terra. Numa etapa posterior, desenvolveram-se modelos econométricos espaciais para a análise da convergência.This work analyzes the convergence of land productivity for Brazilian regions from 1991 to 2003. It evaluates if there is or not beta convergence of the agricultural productivity, controlling explicitly for spatial effects. To do so, an exploratory spatial data analysis was previously implemented and the presence of spatial autocorrelation for the land productivity was detected. In addition, spatial econometric models were developed for the convergence analysis.

Tracing the Interface Between Numerical Flexibility and Income Security for European Youth during the Economic Crisis

DEFF Research Database (Denmark)

Leschke, Janine; Finn, Mairéad

benefit schemes. This paper adopts a comparative European approach in order to shed light on the interaction between flexibility and income security, for youth. Special extracts of the aggregate European Labour Force Survey data are used to trace the development of (involuntary) temporary employment among...... duration than adults. In a majority of EU countries youth are also disadvantaged with regard to unemployment benefits. Eligibility criteria require a certain minimum period in employment before unemployment insurance benefits can be accessed; and means-testing applies to unemployment and social assistance...... underexplored. This allows us to assess if developments during the economic crisis have improved or rather deteriorated the situation of youth with regard to different dimension of flexibility and security....

Neural Networks-Based Forecasting Regarding the Convergence Process of CEE Countries to the Eurozone

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Magdalena RĂDULESCU

2014-06-01

Full Text Available In the crisis frame, many forecasts failed to provide well determined ratios. What we tried to explain in this paper is how some selected Central and Eastern European countries will perform in the near future: Romania, Bulgaria, Hungary, Poland and Czech Republic, using neural networks- based forecasting model which we created for the nominal and real convergence ratios. As a methodology, we propose the forecasting based on artificial neural network (ANN, using the well-known software tool GMDH Shell. For each output variable, we obtain a forecast model, according to previous values and other input related variables, and we applied the model to all countries. Our forecasts are much closer to the partial results of 2013 in the analyzed countries than the European Commission’s or other international organizations’ forecasts. The results of the forecast are important both for governments to design their financial strategies and for the investors in these selected countries. According to our results, the Czech Republic seems to be closer to achieve its nominal convergence in the next two years, but it faces great difficulties in the real convergence area, because it did not overpass the recession.

EUROPEAN UNION STRATEGIC NARRATIVE TOWARDS THE EASTERN PARTNERSHIP COUNTRIES AND THE RUSSIAN FEDERATION’S ESCALATION: STOP, SLOW OR GO?

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Nikita LOBANOV

2016-11-01

Full Text Available The narrative dimension of the EaP programme was considered by the European policy makers of secondary relevance as it was focused on the bureaucratic aspects of the economic and judicial convergence of the target countries with the European Union through “regulation setting”. The importance of these aspects has clearly increased after the Russian Federation used hybrid war tactics in Ukraine since 2013 based on a fabricated Strategic Narrative that relied on the “Reflexive Control” and “Informational Warfare” principles to a great effect. The growingly opposing information spheres, the Russian and the European, have an enormous importance for the political discourse in the Eastern Partnership (EaP countries. By drawing on a closer examination of a number of primary and secondary sources – including important events, official texts, and excerpts from interviews – this paper aims at comprehending the formation, projection and reception in the EaP states of the Strategic Narratives of the Russian Federation and the European Union since 2013.

The crime drop in comparative perspective: the impact of the economy and imprisonment on American and European burglary rates.

Science.gov (United States)

Rosenfeld, Richard; Messner, Steven F

2009-09-01

Influential statements on recent American crime reductions maintain that the crime drop was confined to the USA. Yet other research has revealed comparable crime decreases in Europe. We suggest that the USA and European crime declines occurred in tandem because they were both brought about by upturns in the economy. In light of US research showing crime reductions resulting from growth in imprisonment, we also examine the possibility that rising imprisonment rates reduced European crime rates. We test these hypotheses in a pooled cross-sectional time-series analysis of burglary rates in the USA and nine European nations between 1993 and 2006. The results indicate that burglary declines in the US and Europe were associated with rising consumer confidence. By contrast, imprisonment appears to be significantly related to burglary rates only after unusual policy interventions, such as Italy's 2006 clemency measure that dramatically reduced the size of its prison population. We interpret these findings as reflecting the structural similarity and economic integration of the world's developed nations and the uneven convergence in US and European punishment policies.

European capitals of culture and life satisfaction

OpenAIRE

Lasse Steiner; Bruno S. Frey; Simone Hotz

2013-01-01

This paper analyzes whether hosting the most prestigious European cultural event, the European Capital of Culture, has an impact on regional economic development or the life satisfaction of the local population. Concerning the economic impact, we show that European Capitals are hosted in regions with above average GDP per capita, but do not causally affect the economic development in a significant way. Even a positive impact on GDP per capita would not imply a positive impact on individual ut...

Market Integration Dynamics and Asymptotic Price Convergence in Distribution

NARCIS (Netherlands)

A. García-Hiernaux (Alfredo); D.E. Guerrero (David); M.J. McAleer (Michael)

2013-01-01

textabstractIn this paper we analyse the market integration process of the relative price distribution, develop a model to analyze market integration, and present a formal test of increasing market integration. We distinguish between the economic concepts of price convergence in mean and in

Keynesianism vs. Classical Economic Theory: European Refugee Crisis and the Fall of Multiculturalism

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Aliaksei Igor Patonia

2017-09-01

Full Text Available Posing arguments against statistical evidence picturing the European Union as the key world economy, the research views the economic model of the EU through the prism of Hofstede’s cultural dimensions, explaining its lower resistance towards the global economic crisis and comparing it to China – a country with authoritarian governmental methods – that suffered to a significantly lesser extent. Based on the example of these two entities, the paper views the topic of the current refugee crisis in Europe representing it as a new crucial trial for the EU that potentially checks classical economic theory for consistency. According to the author, if found effective, in the foreseeable future it will form a sound basis for further development, if not – it will likely be replaced by the Keynesian paradigm. Thus, with the current refugee crisis in Europe, the author juxtaposes liberal economy with the state-regulated one. This is done to give hints at the importance of the crisis per se, as it is believed to be capable of shattering some of the fundamental principles of the current world order.

Incidence of multiple sclerosis among European Economic Area populations, 1985-2009: the framework for monitoring

Science.gov (United States)

2013-01-01

Background A debate surrounding multiple sclerosis epidemiology has centred on time-related incidence increases and the need of monitoring. The purpose of this study is to reassess multiple sclerosis incidence in the European Economic Area. Methods We conducted a systematic review of literature from 1965 onwards and integrated elements of original research, including requested or completed data by surveys authors and specific analyses. Results The review of 5323 documents yielded ten studies for age- and sex-specific analyses, and 21 studies for time-trend analysis of single data sets. After 1985, the incidence of multiple sclerosis ranged from 1.12 to 6.96 per 100,000 population, was higher in females, tripled with latitude, and doubled with study midpoint year. The north registered increasing trends from the 1960s and 1970s, with a historic drop in the Faroe Islands, and fairly stable data in the period 1980-2000; incidence rose in Italian and French populations in the period 1970-2000, in Evros (Greece) in the 1980s, and in the French West Indies in around 2000. Conclusions We conclude that the increase in multiple sclerosis incidence is only apparent, and that it is not specific to women. Monitoring of multiple sclerosis incidence might be appropriate for the European Economic Area. PMID:23758972

Multiplier convergent series and uniform convergence of mapping ...

Indian Academy of Sciences (India)

MS received 14 April 2011; revised 17 November 2012. Abstract. In this paper, we introduce the frame property of complex sequence sets and study the uniform convergence of nonlinear mapping series in β-dual of spaces consisting of multiplier convergent series. Keywords. Multiplier convergent series; mapping series. 1.

The Political History of European Integration

DEFF Research Database (Denmark)

Schulz-Forberg, Hagen; Stråth, Bo

This book adopts a historical perspective to explore the tensions between the idea of a European democracy through a European market, and the observations that there are signs of increasing social disintegration, political extremism and populism in the wake of economic integration. It was shortli......This book adopts a historical perspective to explore the tensions between the idea of a European democracy through a European market, and the observations that there are signs of increasing social disintegration, political extremism and populism in the wake of economic integration...

Convergent Innovation in Food through Big Data and Artificial Intelligence for Societal-Scale Inclusive Growth

Directory of Open Access Journals (Sweden)

Laurette Dubé

2018-02-01

Full Text Available Inclusive innovation has not yet reached societal scale due to a well-entrenched divide between wealth creation and social equity. Taking food as the initial test bed, we have proposed the convergent innovation model to address such challenges still facing 21st century society by bridging sectors and disciplines around an integrated goal on both sides of the social-economic divide for innovations that target wealth creation with an upfront consideration of its externalities. The convergent innovation model is empowered by two key enablers that integrate an advanced digital infrastructure with leading scientific knowledge on the drivers of human behaviour in varying contexts. This article discusses the structure, methods, and development of an artificial intelligence platform to support convergent innovation. Insights are gathered on consumer sentiment and behavioural drivers through the analysis of user-generated content on social media platforms. Empirical results show that user discussions related to marketing, consequences, and occasions are positive. Further regression modelling finds that economic consequences are a strong predictor of consumer global sentiment, but are also sensitive to both the actual price and economic awareness. This finding has important implications for inclusive growth and further emphasizes the need for affordable and accessible foods, as well as for consumer education. Challenges and opportunities inspired by the research results are discussed to inform the design, marketing, and delivery of convergent innovation products and services, while also contributing to dimensions of inclusion and economic performance for equitable health and wealth.

Alcohol taxation, economic recession, and mortality changes in five European countries

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Andreeva, Tatiana

2012-07-01

Full Text Available BACKGROUND: Since 2008 some mortality decline is observed in several European countries including Latvia, Lithuania, and Ukraine. We hypothesized that this decline could be caused by decreased alcohol use facilitated by both economic recession and alcohol taxation. This study aimed to check this hypothesis.METHODS: Besides the abovementioned countries which suffered from the economic recession and have increased alcohol excise taxes, we considered data from the WHO-Euro mortality database for Poland which did not suffer from GDP decline and Ireland which decreased alcohol excise in 2009. Both per capita GDP growth change (from -18% in Latvia to +2% in Poland and alcohol excise change (from -20% in Ireland to +60% in Ukraine compared to 2008 rates were considered as independent variables. The outcome was percentage of real mortality decline compared to 2009 extrapolation of 2000-2008 trends, which were built using linear regression separately for major groups of death causes earlier shown to have changed in 2009. Population groups aged 30-59 were considered as those whose mortality declined most.RESULTS: Ten percent increase in alcohol excise taxes was associated with 9.4% decline in respiratory mortality from expected rate, 5.7% decline in causes of death related to nervous system, 4.9% decline in external causes of death, 4.8% decline in circulatory system deaths, 3.5% decline in infectious diseases as causes of death. Cardiovascular mortality decline was marginally associated with measurements of economic crisis (0.7% decline per 1% GDP fall.DISCUSSION: During the economic recession, the portion of all-causes mortality that has declined is most likely alcohol-related. Death causes that have mostly declined during the recession are more strongly associated with alcohol taxation than with GDP fall. Cardiovascular deaths decline related to the economic crisis could have been related to diet changes including smaller proportion of fatty and

Secondary markets for transmission rights in the North West European Market. Position Paper of the North West European Market Parties Platform

International Nuclear Information System (INIS)

Van Haaster, G.

2006-06-01

The most important way to acquire cross border transmission rights in the North West European electricity market is through explicit auctions. Although market driven flexibility and therefore efficiency can be further enhanced. One way to this is to introduce a secondary market for transmission rights. In this paper the North West European Market Parties Platform (NWE MPP) proposes a model that is developed and preferred by the market parties. The paper will provide a converging contribution to the congestion management discussions in the North Western European region

Central Banking and the Crisis. A Comparison of the Federal Reserve and the European Central Bank Measures, and the ECB’s Changing Role in the EU Economic Governance System

Directory of Open Access Journals (Sweden)

Marcin Roman Czubala

2016-06-01

Full Text Available The European Central Bank (ECB has received a lot of criticism for its too little, too late performance to ease market pressures during the economic crisis. At the same time, the ECB and the Federal Reserve (FED have managed the new economic realities that have emerged in the international context differently. Despite the criticisms, the European Central Bank is the European Union institution that has assumed more control due to the new model of economic governance of the EU. Why did the Federal Reserve act so nimbly and quickly to calm the markets, while the ECB was so cautious in managing monetary policy? The aim of this paper is to perform a comparative analysis of the management of interest rates and other monetary policy measures undertaken by the Central Bank and the Federal Reserve during the economic crisis, as well as to understand the changes in the context of the ECB and the emergence of its authority within the European Union’s economic governance model since 2011. Thus, in order to carry out a scrupulous exposition, we will also limit the time frame of this study to the 2007-2014 period.

The Political Psychology of European Integration

DEFF Research Database (Denmark)

Manners, Ian James

2015-01-01

express for the EU and fellow Europeans, and the passion with which supporters of the EU argue for greater integration and enlargement are today central to understanding European integration. Being mindful of Europe - reflecting on the ways in which psychology and politics are deeply implicated in under......In an era of European crises over political legitimacy, economic austerity, and collapse of confidence in the EU the topic of European integration has be-come a very emotional subject. The anger which protestors demonstrate against economic austerity, the hate which nationalist far-right parties...

COMPARATIVE ANALYSIS OF VAT EVOLUTION IN THE EUROPEAN ECONOMIC SYSTEM

Directory of Open Access Journals (Sweden)

MIHAELA ANDREEA STROE

2011-04-01

Full Text Available In this paper we study a comparative analysis of VAT in different states of the world. I made some observation on this theme because I believe that VAT is very important in carrying out transactions and the increase or decrease of this tax has a major impact upon national economies and also on the quality of life in developing countries. The papers has to pourpose to make a comparison between the American and European system of taxation with its advantages and disadvantages and, in the end to render an economic model and its statistics components. VAT is a value added tax which appeared about 50 years, initially with two purposes: one to replace certain indirect taxes, and another to reduce the budget deficit according to the faith of that time. The first country that has adopted this model was France, calling it today as value-added tax.

Economic Integration and National Identity in Northeast Asia: A European Perspective

Directory of Open Access Journals (Sweden)

Wolfgang Pape

2016-04-01

Full Text Available The “Asian Paradox” in the Northeast of the continent appears to be particularly evident if seen through European eyes. While one of the tightest networks of intra-regional trade binds the economies of China, Taiwan, Korea and Japan, their political leaders hardly ever connect with each other in substantive exchanges. Cold images of frozen faces and of an “icy lady” seem to contrast with the warm embraces that businesspeople enjoy after successful deals over borders. However, is this the view only in the eyes of the European beholder, who is used to the myriad of regular institutionalised meetings at all political and bureaucratic levels of the EU? Northeast Asia comprises two of the three biggest national economies in the world and on the basis of its interdependence flourishes economically – with the exception of Japan – with GDP growth-rates above OECD average. At the same time, in view of unresolved historical legacies their leading politicians still feel forced to keep frozen faces because of voters’ gazes of self-instilled nationalisms back home. Homogeneous cultures of Confucianism and shame rather than guilt, notably on the islands and the peninsula, maintain a very high level of national identity, in spite of a growing awareness of economic interdependence and globalisation that even conservative schoolbooks and dominant mainstream media cannot refute anymore. Nevertheless, fledgeling attempts to facilitate the flow of goods and services across national borders through bilateral and plurilateral free trade agreements seem to advance, albeit only slowly. China, Japan and South Korea have managed to institutionalise at the level of rotating ambassadors at the tri-lateral secretariat in Seoul some forms of cooperation. “Hot-lines” of emergency communications have been installed at the highest level to fend off sudden misunderstandings related to still looming territorial disputes. This paper will explore the above issues

Technical Report on Socio-Economic Trends, Macro-Economic Impacts and Cost Interface

NARCIS (Netherlands)

Capros P; Sedee C; Jantzen J; MNV

2001-01-01

The economic assessment of priorities for a European environmental policy plan focuses on twelve identified Prominent European Environmental Problems such as climate change, chemical risks and biodiversity. The study, commissioned by the European Commission (DG Environment) to a European consortium

Connection between the economic crisis and contractual circumstances in Hungary and in the European Union

Directory of Open Access Journals (Sweden)

Tekla PAPP

2012-12-01

Full Text Available With the conclusion of a contract of civil law, the parties may take some reasonably unforeseeable economic risks that might disrupt the synallagmatic character of the contract; therefore, disproportionate, unviable extra burden may appear in the contractual relations on the side of some parties. The sudden increase of inflation or prices, the intense reduction of the purchasing power of wages, the radical changes in the relations between supply and demand, the collapse of the product market, the insolvency of the economic actors (especially in case of a contractual party, the negative changes of the market and financial relations and the production and liquidity problems of the economic sector shall result in this incalculable risk. In case of maintaining the original contractual content, an economic crisis affecting the whole economy and society of one or more countries may cause any or all the parties to take inequitable and intolerable risks. In the following, we analyse those reasons in the Hungarian judicial practice that are based on the Hungarian Civil Code and referred by the parties in order to get rid of the contractual obligation in the name of economic/ business risk and finally, we make a conclusion with respect to the current European regulations.

Total Factor Productivity Convergence in Africa: Panel Unit Root ...

African Journals Online (AJOL)

The study tested absolute and conditional convergence of Total Factor Productivity in Africa using a sample of 23 countries and TFP data covering the period between 1960 and 2003 while deploying the panel unit root methodology. Countries that have experienced sustained economic growth rate are found to have ...

The European Metropolis in the late Twentieth Century: Winners and Losers

NARCIS (Netherlands)

P. Clark (Peter)

2003-01-01

textabstractThis paper offers a commentary on some of the recent work on globalisation in the context of the European city in the late 20th century. It points out that the current European urban hierarchy has a strong historical dimension. It notes the considerable degree of convergence in the

The convergence dynamics of a transition economy: the case of the Czech Republic

Czech Academy of Sciences Publication Activity Database

Brůha, J.; Podpiera, Jiří; Polák, S.

2010-01-01

Roč. 27, č. 1 (2010), s. 116-124 ISSN 0264-9993 Grant - others:Česká národní banka(CZ) E4/2005 Institutional research plan: CEZ:AV0Z70850503 Keywords : economic transition * country modeling * convergence Subject RIV: AH - Economics Impact factor: 0.601, year: 2010

The Influence of Globalization on the Change and Convergence of Social Security Transfer: An Empirical Analysis for OECD Counties

Directory of Open Access Journals (Sweden)

Jinyoung Hwang

2007-12-01

Full Text Available Using a cross-section of OECD countries, this paper examines the relationship between globalization and the change and convergence of social security transfer. Globalization has arguably had a profound impact on the use of social protection in states, since it is normally accompanied with increases in income inequality, polarization, and unemployment. In addition, globalization may lead to socio- economic policy harmonization across countries. The empirical results show that there exists a significant and positive relationship between social security transfer in GDP and the globalization index based on political, economic, and social integrations. Also, we found the convergence phenomenon of social security transfer in OECD countries, applying the traditional methodology of convergence and convergence. Therefore, there is evidence in OECD countries that globalization indirectly affects the convergence of social security transfer in addition to direct relation to social security transfer in GDP.

Lessons learnt to keep Europe polio-free: a review of outbreaks in the European Union, European Economic Area, and candidate countries, 1973 to 2013.

Science.gov (United States)

Derrough, Tarik; Salekeen, Alexandra

2016-04-21

Between 1973 and 2013, 12 outbreaks of paralytic poliomyelitis with a cumulative total of 660 cases were reported in the European Union, European Economic Area and candidate countries. Outbreaks lasted seven to 90 weeks (median: 24 weeks) and were identified through the diagnosis of cases of acute flaccid paralysis, for which infection with wild poliovirus was subsequently identified. In two countries, environmental surveillance was in place before the outbreaks, but did not detect any wild strain before the occurrence of clinical cases. This surveillance nonetheless provided useful information to monitor the outbreaks and their geographical spread. Outbreaks were predominantly caused by poliovirus type 1 and typically involved unvaccinated or inadequately vaccinated groups within highly immunised communities. Oral polio vaccine was primarily used to respond to the outbreaks with catch-up campaigns implemented either nationwide or in restricted geographical areas or age groups. The introduction of supplementary immunisation contained the outbreaks. In 2002, the European region of the World Health Organization was declared polio-free and it has maintained this status since. However, as long as there are non-vaccinated or under-vaccinated groups in European countries and poliomyelitis is not eradicated, countries remain continuously at risk of reintroduction and establishment of the virus. Continued efforts to reach these groups are needed in order to ensure a uniform and high vaccination coverage.

Economic analysis of the expected environmental impact of the Single European Market through the transport, waste and energy sectors

International Nuclear Information System (INIS)

Brutscher, S.

1993-01-01

Similarly to other studies the present dissertation presupposes that the Single European Market will lead to an increase in transport waste quantities, and energy consumption and consequently to greater environmental pollution. Of central importance here is the concept of ''expletive costs'' introduced in this paper which describes that damage to the natural and human environment which is not compensated. It forms out that the sectors of transport, waste, and energy alone will most probably send the expletive costs of the Single European Market into astronomic dimensions. In view of the interdependencies of these three sectors it seems doubtful whether the economic benefit to be expected from the establishment of the Single European Market can justify the additional environmental damage thus caused. (HP) [de

Will business cycles in the euro area converge? A critical survey of empirical research

NARCIS (Netherlands)

de Haan, J.; Inklaar, R.; Jong-A-Pin, R.

This survey of business cycle synchronization in the European monetary union focuses on two issues: have business cycles become more similar, and which factors drive business cycle synchronization. We conclude that business cycles in the euro area have gone through periods of both convergence and

EKONOMİK ÖZGÜRLÜKLERDEKİ YAKINSAMANIN HALDANE-HALL YAKLAŞIMI İLE ÖLÇÜMÜ (THE MEASUREMENT OF CONVERGENCE OF ECONOMIC FREEDOMS WITH HALDANE-HALL APPROACH

Directory of Open Access Journals (Sweden)

Merter AKINCI

2014-04-01

developing and underdeveloped countries came closer to developed countries in terms of economic freedom is analysed with a new method that is Haldane-Hall Convergence Analysis. The outcomes of Haldane-Hall Convergence Analysis revealed that the economic liberation processes of Argentina, Belarus, Bolivia, Bulgaria, China, Ecuador, Egypt, El Salvador, India, Mexico, Papua New Guinea, Romania, Senegal, Thailand and Turkey converged to developed countries, on the other hand, in Republic of Congo, Ghana, Iraq, Jordan, Libya, Moldova, Morocco, Sudan, Swaziland, Vietnam, Yemen, Bangladesh, Burkina Faso, Chad, Democratic Republic of Congo, Gambia, Guinea, Madagascar, Mali, Mozambique, Sierra Leone and Uganda, the concept of divergence in terms of economic freedom became a current issue. Keywords: Economic Freedom, Convergence, Haldane-Hall Approach.

At the Eve of Convergence?

DEFF Research Database (Denmark)

Henriksen, Lars Skov; Zimmer, Annette; Smith, Steven Rathgeb

. Specifically, we will investigate whether and to what extent social services and health care in these three countries are affected by current changes. With a special focus on nonprofit organizations, we will particularly address the question whether a trend towards convergence of the very different welfare......Due to severe societal, economic and political changes, of which the financial crisis counts prominently, welfare states all over the world are under stress. In our comparative analysis, we will concentrate on specific segments of welfare state activity in Denmark, Germany, and the United States...

Economics of nuclear energy production systems: reactors and fuel cycle

International Nuclear Information System (INIS)

Bouchard, J.; Proust, E.; Gautrot, J.J.; Tinturier, B.

2003-01-01

The present paper relies on the main European economic studies on the comparative costs of electricity generation, published over the last six years, to show that nuclear power meets the challenge and is an economically competitive choice in the European electricity market. Indeed, although these studies were made for different purposes, by different actors and based on different methods, they all converge to show that the total base-load generation cost for new nuclear plants build in Europe is projected to be in the range of 22 to 32 euros/MWh, a total generation cost that may be 20% cheaper than the cost for combined cycle gas turbine (CCGT) units. Moreover, the prospects of internalization of the greenhouse gas emission cost in the total generation cost will boost even further the competitiveness of nuclear against gas-fired plants in Europe. All this is confirmed by the most recent French detailed study (DIDEME 2003), essentially performed from an investor standpoint, which concludes, for base-load generation units starting operation around 2015, that nuclear power, with a levelled generation cost of 28,4 euros/MWh, is more competitive than CCGTs (35 euros/MWh). This study also shows an overnight investment cost for nuclear power, based on the considered scenario (a series of 10 EPR units including a ''demonstrator''), of less than 1300 euros/kWe. The other major challenge, waste management obviously also includes an economic dimension. This issue is addressed in the present paper which provides a synthesis of relevant detailed French and OECD economic studies on the cost assessment of the fuel cycle back-end. (author)

Energy consumption, human well-being and economic development in central and eastern European nations: A cautionary tale of sustainability

International Nuclear Information System (INIS)

Jorgenson, Andrew K.; Alekseyko, Alina; Giedraitis, Vincentas

2014-01-01

Sustainability is fundamentally a challenge of tradeoffs. In order to improve human well-being through economic development we consume nonrenewable energy and other natural resources, relying on a broad range of ecosystem services. Enhancing sustainability requires reducing the “energy intensity of human well-being (EIWB)”: the amount of energy used per unit of human well-being. In this study we employ longitudinal analysis techniques to assess the temporally dynamic relationship between EIWB and economic development for a sample of 12 Central and Eastern European (CEE) nations for the 1992 to 2010 period. These are nations that have recently transitioned, which is still an ongoing process, from socialist command economies to market demand economies. During this ongoing transition, many of them have experienced declines in energy intensity, coupled with increased energy efficiency, while human well-being has improved considerably. The results of the analysis indicate that the relationship between EIWB and economic growth in CEE nations is complex and has changed dramatically through time. Of particular importance, the later years of the study exhibit an increasingly sustainable relationship between EIWB and economic development. The findings point to future possibilities for relatively more harmonious relationships between development, human well-being, and the natural environment. - Highlights: • We analyze the energy intensity of well-being in Central and Eastern European nations. • The effect of economic development is time-dynamic. • Other factors influence the energy intensity of well-being. • The results highlight possibilities for enhanced sustainability policies

The European Hematology Association Roadmap for European Hematology Research

DEFF Research Database (Denmark)

Engert, Andreas; Balduini, Carlo; Brand, Anneke

2016-01-01

The European Hematology Association (EHA) Roadmap for European Hematology Research highlights major achievements in diagnosis and treatment of blood disorders and identifies the greatest unmet clinical and scientific needs in those areas to enable better funded, more focused European hematology...... research. Initiated by the EHA, around 300 experts contributed to the consensus document, which will help European policy makers, research funders, research organizations, researchers, and patient groups make better informed decisions on hematology research. It also aims to raise public awareness...... of the burden of blood disorders on European society, which purely in economic terms is estimated at €23 billion per year, a level of cost that is not matched in current European hematology research funding. In recent decades, hematology research has improved our fundamental understanding of the biology...

Balancing economic freedom against social policy principles: EC competition law and national health systems.

Science.gov (United States)

Mossialos, Elias; Lear, Julia

2012-07-01

EU Health policy exemplifies the philosophical tension between EC economic freedoms and social policy. EC competition law, like other internal market rules, could restrict national health policy options despite the subsidiarity principle. In particular, European health system reforms that incorporate elements of market competition may trigger the application of competition rules if non-economic gains in consumer welfare are not adequately accounted for. This article defines the policy and legal parameters of the debate between competition law and health policy. Using a sample of cases it analyses how the ECJ, national courts, and National Competition Authorities have applied competition laws to the health services sector in different circumstances and in different ways. It concludes by considering the implications of the convergence of recent trends in competition law enforcement and health system market reforms. Copyright © 2012 Elsevier Ireland Ltd. All rights reserved.

Ecomorphological convergence in planktivorous surgeonfishes

KAUST Repository

Friedman, S. T.

2016-01-26

© 2016 European Society For Evolutionary Biology. Morphological convergence plays a central role in the study of evolution. Often induced by shared ecological specialization, homoplasy hints at underlying selective pressures and adaptive constraints that deterministically shape the diversification of life. Although midwater zooplanktivory has arisen in adult surgeonfishes (family Acanthuridae) at least four independent times, it represents a clearly specialized state, requiring the capacity to swiftly swim in midwater locating and sucking small prey items. Whereas this diet has commonly been associated with specific functional adaptations in fishes, acanthurids present an interesting case study as all nonplanktivorous species feed by grazing on benthic algae and detritus, requiring a vastly different functional morphology that emphasizes biting behaviours. We examined the feeding morphology in 30 acanthurid species and, combined with a pre-existing phylogenetic tree, compared the fit of evolutionary models across two diet regimes: zooplanktivores and nonzooplanktivorous grazers. Accounting for phylogenetic relationships, the best-fitting model indicates that zooplanktivorous species are converging on a separate adaptive peak from their grazing relatives. Driving this bimodal landscape, zooplanktivorous acanthurids tend to develop a slender body, reduced facial features, smaller teeth and weakened jaw adductor muscles. However, despite these phenotypic changes, model fitting suggests that lineages have not yet reached the adaptive peak associated with plankton feeding even though some transitions appear to be over 10 million years old. These findings demonstrate that the selective demands of pelagic feeding promote repeated - albeit very gradual - ecomorphological convergence within surgeonfishes, while allowing local divergences between closely related species, contributing to the overall diversity of the clade. Journal of Evolutionary Biology

Economic considerations and patients' preferences affect treatment selection for patients with rheumatoid arthritis: a discrete choice experiment among European rheumatologists

NARCIS (Netherlands)

Hifinger, M.; Hiligsmann, M.; Ramiro, S.; Watson, V.; Severens, J. L.; Fautrel, B.; Uhlig, T.; van Vollenhoven, R.; Jacques, P.; Detert, J.; Canas da Silva, J.; Scirè, C. A.; Berghea, F.; Carmona, L.; Péntek, M.; Keat, A.; Boonen, A.

2017-01-01

To compare the value that rheumatologists across Europe attach to patients' preferences and economic aspects when choosing treatments for patients with rheumatoid arthritis. In a discrete choice experiment, European rheumatologists chose between two hypothetical drug treatments for a patient with

Status report on education in the economics of animal health: results from a European survey.

Science.gov (United States)

Waret-Szkuta, Agnès; Raboisson, Didier; Niemi, Jarkko; Aragrande, Maurizio; Gethmann, Jörn; Martins, Sara Babo; Hans, Lucie; Höreth-Böntgen, Detlef; Sans, Pierre; Stärk, Katharina D; Rushton, Jonathan; Häsler, Barbara

2015-01-01

Education on the use of economics applied to animal health (EAH) has been offered since the 1980s. However, it has never been institutionalized within veterinary curricula, and there is no systematic information on current teaching and education activities in Europe. Nevertheless, the need for economic skills in animal health has never been greater. Economics can add value to disease impact assessments; improve understanding of people's incentives to participate in animal health measures; and help refine resource allocation for public animal health budgets. The use of economics should improve animal health decision making. An online questionnaire was conducted in European countries to assess current and future needs and expectations of people using EAH. The main conclusion from the survey is that education in economics appears to be offered inconsistently in Europe, and information about the availability of training opportunities in this field is scarce. There is a lack of harmonization of EAH education and significant gaps exist in the veterinary curricula of many countries. Depending on whether respondents belonged to educational institutions, public bodies, or private organizations, they expressed concerns regarding the limited education on decision making and impact assessment for animal diseases or on the use of economics for general management. Both public and private organizations recognized the increasing importance of EAH in the future. This should motivate the development of teaching methods and materials that aim at developing the understanding of animal health problems for the benefit of students and professional veterinarians.

Public Administration Education in Europe: In Need of Convergence and Europeanization?

Directory of Open Access Journals (Sweden)

Theo A.J. TOONEN

1999-01-01

Full Text Available The study of governance and public administration has a long history in the European context. On the European continent there is an ancient concern with the study of public administration. The institutionalisation of Public Administration as an academic field is more recent. As an independent and integrated field of study of its own, Public Administration is a relatively young academic discipline. Elements of what are now interdisciplinary academic programmes in Public Administration have been taught for many years (especially administrative Law. The study of the subjectmatter – government activity, governance, the administrative process, public policies – may be traced back for centuries. Public Administration as an independent, integrated discipline amounting tot full academic degree programmes has become institutionalised and developed only during the last four decades.

Ontogenetic convergence and evolution of foot morphology in European cave salamanders (Family: Plethodontidae

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Nistri Annamaria

2010-07-01

Full Text Available Abstract Background A major goal in evolutionary biology is to understand the evolution of phenotypic diversity. Both natural and sexual selection play a large role in generating phenotypic adaptations, with biomechanical requirements and developmental mechanisms mediating patterns of phenotypic evolution. For many traits, the relative importance of selective and developmental components remains understudied. Results We investigated ontogenetic trajectories of foot morphology in the eight species of European plethodontid cave salamander to test the hypothesis that adult foot morphology was adapted for climbing. Using geometric morphometrics and other approaches, we found that developmental patterns in five species displayed little morphological change during growth (isometry, where the extensive interdigital webbing in adults was best explained as the retention of the juvenile morphological state. By contrast, three species exhibited significant allometry, with an increase in interdigital webbing during growth. Phylogenetic analyses revealed that multiple evolutionary transitions between isometry and allometry of foot webbing have occurred in this lineage. Allometric parameters of foot growth were most similar to those of a tropical species previously shown to be adapted for climbing. Finally, interspecific variation in adult foot morphology was significantly reduced as compared to variation among juveniles, indicating that ontogenetic convergence had resulted in a common adult foot morphology across species. Conclusions The results presented here provide evidence of a complex history of phenotypic evolution in this clade. The common adult phenotype exhibited among species reveals that selection plays an important part in generating patterns of foot diversity in the group. However, developmental trajectories arriving at this common morphology are distinct; with some species displaying developmental stasis (isometry, while others show an increase

Los atolladeros de la economía latinoamericana The difficulties of the Latin American economy

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Claudio Katz

2012-12-01

Full Text Available El agravamiento de la crisis global acentúa las limitaciones de la economía latinoamericana para atemperar la turbulencia. Las enormes reservas terminarán socorriendo a los banqueros europeos si no hay avances en la moneda común. El extractivismo exportador impide repetir el desarrollo manufacturero asiático y refuerza la preeminencia de las empresas transnacionales. La batalla de los estudiantes chilenos ilustra cómo las resistencias sociales tienden a converger con la nueva oleada mundial de protesta juvenil.The aggravation of the global crisis stresses the limitations of the Latin American economy to restrain the turbulence. The huge reserves ended up rescuing European bankers because there was no improvement in the common currency. The exporting extraction prevents the repetition of the Asian manufacturing development, and it strengthens the transnational companies’ pre‑eminence. The Chilean students’ fight shows how the social resistances tend to converge on the new worldwide wave of young people’s protest.

Influence of parental socio-economic status on diet quality of European adolescents: results from the HELENA study.

Science.gov (United States)

Béghin, L; Dauchet, L; De Vriendt, Tineke; Cuenca-García, M; Manios, Y; Toti, E; Plada, M; Widhalm, K; Repasy, J; Huybrechts, I; Kersting, M; Moreno, L A; Dallongeville, J

2014-04-14

Diet quality is influenced by socio-economic and geographical factors. The present study sought to assess whether adolescents' diet quality is affected by their parents' socio-economic status and whether the relationship between these factors is similar in northern and southern Europe. Data collected in the Healthy Lifestyle in Europe by Nutrition in Adolescence (HELENA) study in eight European countries were analysed. Dietary intake data were recorded via repeated 24 h recalls (using specifically developed HELENA Dietary Intake Assessment Tool software) and converted into an adolescent-specific Diet Quality Index (DQI-AM). Socio-economic status was estimated through parental educational level (Par-Educ-Lev) and parental occupation level (Par-Occ-Lev) as reported by the adolescents in a specific questionnaire. The DQI-AM data were then analysed as a function of Par-Educ-Lev and Par-Occ-Lev in northern European countries (Austria, Belgium, France, Germany and Sweden) and southern European countries (Greece, Italy and Spain). We studied a total of 1768 adolescents (age 14.7 (SD 1.3) years; percentage of girls: 52.8%; 1135 and 633 subjects from northern and southern Europe, respectively). On average, the DQI-AM score was higher in southern Europe than in northern Europe (69.1 (SD 0.1) v. 60.4 (SD 2.8), respectively; P < 0.001; Δ = 12.6%). The DQI was positively correlated with both paternal and maternal Par-Educ-Lev. However, this association was more pronounced in northern Europe than in southern Europe (P interaction = 0.004 for the mother and 0.06 for the father). The DQI was also positively correlated with Par-Occ-Lev (all P trends < 0.01), but this correlation was independent of the geographical area (P interaction = 0.51 for the mother and 0.50 for the father). In conclusion, Par-Educ-Lev and Par-Occ-Lev are associated with diet quality in adolescents in Europe. However, this association differs between northern Europe and southern Europe.

A REGIONAL APPROACH TO THE METROPOLITAN ECONOMIC GROWTH: EVIDENCE FROM THE EUROPEAN UNION

Directory of Open Access Journals (Sweden)

Florin Teodor Boldeanu

2016-09-01

Full Text Available The main goal of this study is to contribute to metropolitan economic growth literature by carrying out an analysis for 271 areas located in the EU between 2000 and 2013. For this objective the study uses several panel data estimation techniques, namely the GMM, System GMM and the QML estimation. To check the robustness of the results, the time period is divided in two (post and ante economic crisis and by splitting the sample of metropolitan regions in two components, the Western more developed regions and the Central and South-Eastern (the formal communist states, except for Cyprus areas. The results indicate that the industrial, construction and wholesale and retail trade sectors are positively linked with metropolitan growth. The agricultural, fishery and forestry sector is negatively influencing growth. The manufacturing and ITC sectors and migration are not statistically significant. Furthermore population density and size is more important than population growth and European enlargement did not have a substantial positive impact on metropolitan growth for the Central and South-Eastern regions.

Estimation of intellectual capital in the European Union using a knowledge model

Directory of Open Access Journals (Sweden)

Domingo Nevado Peña

2011-06-01

Full Text Available This paper presents a model aimed at measuring intellectual capital as the potential knowledge of a country and apply it to the European Union. The method consists of activating accountable expenses, assumed to generate knowledge. In order to do so, efficiency indicators are used, derived from a summary of variables of structural, human and technological capitals by means of factor analysis. The results of this study for the EU25 in 2006 explain why Northern Europe has greater intellectual capital potential. They are more productive, as they manage and apply new technologies better. In human capital, Eastern countries have strong potential. The paper concludes that, at the conceptual level, this information should be used to design convergence policies and balanced development strategies to ensure economic growth.

Geography, Economic Education and Global Education: European and Austrian Aspects of the "Fifobi--Developing Business Competencies in School" Project

Science.gov (United States)

Schwarz, Ingrid

2012-01-01

Purpose: The EU-funded research project "Fifobi--Fit for Business--developing business competencies in school" (2009-2012) focused on the implementation of economic education in seven European countries. The purpose of the project and this paper is to investigate the current programmes that exist within the final two years of compulsory…

The globalization and Europeanization of mortgage markets

NARCIS (Netherlands)

Aalbers, M.B.

2009-01-01

Do globalization and Europeanization lead to the deterritorialization of European mortgage markets? Neither economic globalization nor EU policies have resulted in one European mortgage market. The various European mortgage markets are still quite different from one another in many respects. In most

Science and technology convergence: with emphasis for nanotechnology-inspired convergence

Energy Technology Data Exchange (ETDEWEB)

Bainbridge, William S.; Roco, Mihail C., E-mail: mroco@nsf.gov [National Science Foundation (United States)

2016-07-15

Convergence offers a new universe of discovery, innovation, and application opportunities through specific theories, principles, and methods to be implemented in research, education, production, and other societal activities. Using a holistic approach with shared goals, convergence seeks to transcend existing human limitations to achieve improved conditions for work, learning, aging, physical, and cognitive wellness. This paper outlines ten key theories that offer complementary perspectives on this complex dynamic. Principles and methods are proposed to facilitate and enhance science and technology convergence. Several convergence success stories in the first part of the 21st century—including nanotechnology and other emerging technologies—are discussed in parallel with case studies focused on the future. The formulation of relevant theories, principles, and methods aims at establishing the convergence science.

Science and technology convergence: with emphasis for nanotechnology-inspired convergence

International Nuclear Information System (INIS)

Bainbridge, William S.; Roco, Mihail C.

2016-01-01

Convergence offers a new universe of discovery, innovation, and application opportunities through specific theories, principles, and methods to be implemented in research, education, production, and other societal activities. Using a holistic approach with shared goals, convergence seeks to transcend existing human limitations to achieve improved conditions for work, learning, aging, physical, and cognitive wellness. This paper outlines ten key theories that offer complementary perspectives on this complex dynamic. Principles and methods are proposed to facilitate and enhance science and technology convergence. Several convergence success stories in the first part of the 21st century—including nanotechnology and other emerging technologies—are discussed in parallel with case studies focused on the future. The formulation of relevant theories, principles, and methods aims at establishing the convergence science.

Citizenship rights for immigrants: national political processes and cross-national convergence in western Europe, 1980-2008.

Science.gov (United States)

Koopmans, Ruud; Michalowski, Ines; Waibel, Stine

2012-01-01

Immigrant citizenship rights in the nation-state reference both theories of cross-national convergence and the resilience of national political processes. This article investigates European countries' attribution of rights to immigrants: Have these rights become more inclusive and more similar across countries? Are they affected by EU membership, the role of the judiciary, the party in power, the size of the immigrant electorate, or pressure exerted by anti-immigrant parties? Original data on 10 European countries, 1980-2008, reveal no evidence for cross-national convergence. Rights tended to become more inclusive until 2002, but stagnated afterward. Electoral changes drive these trends: growth of the immigrant electorate led to expansion, but countermobilization by right-wing parties slowed or reversed liberalizations. These electoral mechanisms are in turn shaped by long-standing policy traditions, leading to strong path dependence and the reproduction of preexisting cross-national differences.

IT-BT convergence technology

International Nuclear Information System (INIS)

2012-12-01

This book explains IT-BT convergence technology as the future technology, which includes a prolog, easy IT-BT convergence technology that has infinite potentials for new value, policy of IT-BT convergence technology showing the potential of smart Korea, IT-BT convergence opening happy future, for the new future of IT powerful nation Korea with IT-BT convergence technology and an epilogue. This book reveals the conception, policy, performance and future of IT-BT convergence technology.

Towards convergence and cooperation in the global development finance regime

DEFF Research Database (Denmark)

Kragelund, Peter

2015-01-01

and economic development. This article critically reviews the most recent developments in Chinese and Organisation for Economic Cooperation and Development (OECD) approaches to development finance to Africa. It argues that although we can detect a number of incidents that point towards more policy space...... for African governments, the revival of China's development finance does not fundamentally alter the power relations between African countries and their financiers, as the tendency now is towards convergence and cooperation between China and Development Assistance Committee (DAC) donors—not divergence...

Correlation Analysis between Nominal and Real Convergence. The Romanian Case

Directory of Open Access Journals (Sweden)

Marius-Corneliu Marinas

2006-05-01

Full Text Available This study aims to analyze the sources of the correlation between the nominal and real convergence, as well as the impact of the macroeconomic politics on it. The perspective of Euro adoption will impose stricter management of monetary and budgetary politics, which will affect negatively the catching up process of the economic delays given the lack of higher economic flexibility. This enables a more rapid adjustment of the economy to some persistent shocks as a result of applying growth aggregate supply politics.

Correlation Analysis between Nominal and Real Convergence. The Romanian Case

Directory of Open Access Journals (Sweden)

Marius-Corneliu Marinas

2006-03-01

Full Text Available This study aims to analyze the sources of the correlation between the nominal and real convergence, as well as the impact of the macroeconomic politics on it. The perspective of Euro adoption will impose stricter management of monetary and budgetary politics, which will affect negatively the catching up process of the economic delays given the lack of higher economic flexibility. This enables a more rapid adjustment of the economy to some persistent shocks as a result of applying growth aggregate supply politics.

Convergent innovation for sustainable economic growth and affordable universal health care: innovating the way we innovate.

Science.gov (United States)

Dubé, Laurette; Jha, Srivardhini; Faber, Aida; Struben, Jeroen; London, Ted; Mohapatra, Archisman; Drager, Nick; Lannon, Chris; Joshi, P K; McDermott, John

2014-12-01

This paper introduces convergent innovation (CI) as a form of meta-innovation-an innovation in the way we innovate. CI integrates human and economic development outcomes, through behavioral and ecosystem transformation at scale, for sustainable prosperity and affordable universal health care within a whole-of-society paradigm. To this end, CI combines technological and social innovation (including organizational, social process, financial, and institutional), with a special focus on the most underserved populations. CI takes a modular approach that convenes around roadmaps for real world change-a portfolio of loosely coupled complementary partners from the business community, civil society, and the public sector. Roadmaps serve as collaborative platforms for focused, achievable, and time-bound projects to provide scalable, sustainable, and resilient solutions to complex challenges, with benefits both to participating partners and to society. In this paper, we first briefly review the literature on technological innovation that sets the foundations of CI and motivates its feasibility. We then describe CI, its building blocks, and enabling conditions for deployment and scaling up, illustrating its operational forms through examples of existing CI-sensitive innovation. © 2014 The New York Academy of Sciences.

Linking an economic model for European agriculture with a mechanistic model to estimate nitrogen and carbon losses from arable soils in Europe

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A. Leip

2008-01-01

Full Text Available A comprehensive assessment of policy impact on greenhouse gas (GHG emissions from agricultural soils requires careful consideration of both socio-economic aspects and the environmental heterogeneity of the landscape. We developed a modelling framework that links the large-scale economic model for agriculture CAPRI (Common Agricultural Policy Regional Impact assessment with the biogeochemistry model DNDC (DeNitrification DeComposition to simulate GHG fluxes, carbon stock changes and the nitrogen budget of agricultural soils in Europe. The framework allows the ex-ante simulation of agricultural or agri-environmental policy impacts on a wide range of environmental problems such as climate change (GHG emissions, air pollution and groundwater pollution. Those environmental impacts can be analyzed in the context of economic and social indicators as calculated by the economic model. The methodology consists of four steps: (i definition of appropriate calculation units that can be considered as homogeneous in terms of economic behaviour and environmental response; (ii downscaling of regional agricultural statistics and farm management information from a CAPRI simulation run into the spatial calculation units; (iii designing environmental model scenarios and model runs; and finally (iv aggregating results for interpretation. We show the first results of the nitrogen budget in croplands in fourteen countries of the European Union and discuss possibilities to improve the detailed assessment of nitrogen and carbon fluxes from European arable soils.

A European Navy: Can it Complete European Political and Economic Integration?

Science.gov (United States)

2012-06-01

would enjoy a comprehensive and complete defense structure, perhaps even more effective and cost-efficient than is possible with the current lineup ...malfunctions or operator error. A unified and unifying European Navy would standardize basic equipment and procedures , facilitating effective exercises

A fuzzy set approach to economic crisis, austerity and public health. Part I. European countries' conformity to ideal types during the economic downturn.

Science.gov (United States)

Saltkjel, Therese; Ingelsrud, Mari Holm; Dahl, Espen; Halvorsen, Knut

2017-08-01

This is the first part of a two-part paper that takes an explorative approach to assess crisis and austerity in European countries during the Great Recession. The ultimate aim of this two-part paper is to explore the "crisis-austerity" thesis by Stuckler and Basu and assess whether it is the interplay between austerity and crisis, rather than the current economic crisis per se, that can led to deterioration in population health. In Part I of this paper we offer one way of operationalizing crisis severity and austerity. We examine countries as specific configurations of crisis and policy responses and classify European countries into "ideal types." Cases included were 29 countries participating in the European Union Statistics on Income and Living Conditions (EU-SILC) surveys. Based on fuzzy set methodology, we constructed two fuzzy sets, "austerity" and "severe crisis." Austerity was measured by changes in welfare generosity; severe crisis was measured by changes in gross domestic product (GDP) per capita growth. In the initial phase of the Great Recession, most countries faced severe crisis combined with no austerity. From 2010-2011 onward, there was a divide between countries. Some countries consistently showed signs of austerity policies (with or without severe crisis); others consistently did not. The fuzzy set ideal-type analysis shows that the European countries position themselves, by and large, in configurations of crisis and austerity in meaningful ways that allow us to explore the "crisis-austerity" thesis by Stuckler and Basu. This exploration is the undertaking of Part II of this paper.

Labour Market Trends and Problems in the EU’s Central and Eastern European Member States: Is Flexicurity the Answer?

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Lothar Funk

2009-12-01

Full Text Available Throughout the 1990s, international organisations, such as the International Monetary Fund mainly based their policy proposals for transition economies and the high unemployment, low growth countries in Western Europe, on economic “orthodoxy”. This approach predominantly followed neoclassical economics in which market liberal solutions predominate. These suggestions were controversial; the early results of these policies appeared to be disappointing. Policymakers sought alternative reform proposals and the idea of “flexicurity” has gradually emerged to the political buzzword. Flexicurity combines flexibility with security and suggests that rather generous unemployment benefits and spending on active labour market policies can be aligned with a flexible, employment-friendly labour market. Originating in Denmark, the European Commission and the International Labour Organisation have promoted flexicurity more or less independent of specific single country cases, and based their approach on more abstract, generalised relationships between flexibility and security. These bodies argue for an alternative policy to pure orthodox deregulation and liberalisation for the member states of the European Union (EU and the former transition economies that joined the EU since 2004. After a review of common labour market-related characteristics and problems of the EU’s central and eastern European members, the article summarises and critically evaluates the main elements of flexicurity suggestions. It further compares them to the relevant policy proposals based primarily on more orthodox economic analysis. The analysis shows that several preconditions for a successful flexicurity strategy are still lacking across the new member states. Moreover, the article demonstrates that current proposals by the critics of a single-minded flexicurity approach by no means always disregard potentially positive effects of improving the supposed trade-offs between

Technical Report on Socio-Economic Trends, Macro-Economic Impacts and Cost Interface

OpenAIRE

Capros P; Sedee C; Jantzen J; MNV

2001-01-01

The economic assessment of priorities for a European environmental policy plan focuses on twelve identified Prominent European Environmental Problems such as climate change, chemical risks and biodiversity. The study, commissioned by the European Commission (DG Environment) to a European consortium led by RIVM, provides a basis for priority setting for European environmental policy planning in support of the sixth Environmental Action Programme as follow-up of the current fifth Environmental ...

Cyclical convergence of Central and Eastern European countries to the Euro area core. New methodological approach

Directory of Open Access Journals (Sweden)

Ileana ALEXE

2013-04-01

Full Text Available The current paper develops an analysis on the degree of business cycle convergence of the new member states of the EU towards the Euro area core (Germany, France, Italy, Belgium, Netherlands and Luxembourg during 1996 – 2010.Unlike the previous research, the study takes into consideration the similarity of cycles, and not their synchronization. Furthermore, from the methodological point of view, it explores the use of survey indicators in the analysis of the cycles, thus in addition to the traditional approach that employs the GDP. The results obtained through clusterization show that the degree of convergence towards Euro area core remains modest.

Convergence in Multispecies Interactions

OpenAIRE

Bittleston, Leonora Sophia; Pierce, Naomi E.; Ellison, Aaron M.; Pringle, Anne

2016-01-01

The concepts of convergent evolution and community convergence highlight how selective pressures can shape unrelated organisms or communities in similar ways. We propose a related concept, convergent interactions, to describe the independent evolution of multispecies interactions with similar physiological or ecological functions. A focus on convergent interactions clarifies how natural selection repeatedly favors particular kinds of associations among species. Characterizing convergent inter...

A spatial error model with continuous random effects and an application to growth convergence

Science.gov (United States)

Laurini, Márcio Poletti

2017-10-01

We propose a spatial error model with continuous random effects based on Matérn covariance functions and apply this model for the analysis of income convergence processes (β -convergence). The use of a model with continuous random effects permits a clearer visualization and interpretation of the spatial dependency patterns, avoids the problems of defining neighborhoods in spatial econometrics models, and allows projecting the spatial effects for every possible location in the continuous space, circumventing the existing aggregations in discrete lattice representations. We apply this model approach to analyze the economic growth of Brazilian municipalities between 1991 and 2010 using unconditional and conditional formulations and a spatiotemporal model of convergence. The results indicate that the estimated spatial random effects are consistent with the existence of income convergence clubs for Brazilian municipalities in this period.

US - European Union Relations: Economic Change and Political Transition

National Research Council Canada - National Science Library

Kramer, Steven

1999-01-01

.... ̂ The introduction of the euro as the currency of the EMU will aid participating European Union (EU) member states by eliminating transaction costs, exchange rate risks, and interest rate spreads across the 11 European currencies early in the coming century...

The Impact of Socio-Economic Status on Self-Rated Health: Study of 29 Countries Using European Social Surveys (2002–2008

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Carlos Garcia-Alonso

2013-02-01

Full Text Available Studies show that the association between socio-economic status (SES and self-rated health (SRH varies in different countries, however there are not many country-comparisons that examine this relationship over time. The objective of the present study is to determine the effect of three SES measures on SRH in 29 countries according to findings in European Social Surveys (2002–2008, in order to study how socio-economic inequalities can vary our subjective state of health. In line with previous studies, income inequalities seem to be greater not only in Anglo-Saxon and Scandinavian countries, but especially in Eastern European countries. The impact of education is greater in Southern countries, and this effect is similar in Eastern and Scandinavian countries, although occupational status does not produce significant differences in southern countries. This study shows the general relevance of socio-educational factors on SRH. Individual economic conditions are obviously a basic factor contributing to a good state of health, but education could be even more relevant to preserve it. In this sense, policies should not only aim at reducing income inequalities, but should also further the education of people who are in risk of social exclusion.

Experiencing European integration: transnational lives and European identity

NARCIS (Netherlands)

Kuhn, T.

2015-01-01

European integration has generated a wide array of economic, political, and social opportunities beyond the nation state. Scandinavians spending their retirement at the Mediterranean coast; Germans employing a Polish caretaker; international exchange students staying in Prague; Italian baristas

The European Stability Mechanism: one of the pillars of the EU’s model of economic governance and its legitimacy deficit

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Marcin Roman Czubala

2015-06-01

Full Text Available The establishment of the esm, the entity that offers financial assistance under strict conditions with the purpose of providing support for the stability of the euro area, was a clear European Union response to the current economic crisis. This entity, which is a part of the current model of economic governance of the EU, is a key element in the process of its coordination and improved economic surveillance, which makes its study to be considered highly relevant and current.  Therefore, the main goal of this article is to examine its legal structure, configuration, funding model, and ability to act, in order to then assess its feasibility and the degree of legitimacy deficit that it presents.

On the convergence of finite state mean-field games through Γ-convergence

KAUST Repository

Ferreira, Rita C.; Gomes, Diogo A.

2014-01-01

In this study, we consider the long-term convergence (trend toward an equilibrium) of finite state mean-field games using Γ-convergence. Our techniques are based on the observation that an important class of mean-field games can be viewed as the Euler-Lagrange equation of a suitable functional. Therefore, using a scaling argument, one can convert a long-term convergence problem into a Γ-convergence problem. Our results generalize previous results related to long-term convergence for finite state problems. © 2014 Elsevier Inc.

On the convergence of finite state mean-field games through Γ-convergence

KAUST Repository

Ferreira, Rita C.

2014-10-01

In this study, we consider the long-term convergence (trend toward an equilibrium) of finite state mean-field games using Γ-convergence. Our techniques are based on the observation that an important class of mean-field games can be viewed as the Euler-Lagrange equation of a suitable functional. Therefore, using a scaling argument, one can convert a long-term convergence problem into a Γ-convergence problem. Our results generalize previous results related to long-term convergence for finite state problems. © 2014 Elsevier Inc.

The European Insurance Industry: A PEST Analysis

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Charmaine Barbara

2017-05-01

Full Text Available The insurance industry plays an important role for European economic stability and the threats and opportunities it faces should be carefully determined. In this paper we highlight the main challenges by using a Political, Economic, Social and Technological (PEST analysis. This work applies conventional actuarial thought on this area by focusing strictly on the European sector.

EVIDENCE ON EMPLOYMENT RATE AND ECONOMIC GROWTH

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Cornelia VĂCEANU

2014-11-01

Full Text Available This paper explores a causal relationship between employment rate and economic growth for European Union countries, in general, and produces a structural assessment of employment on the background of labour market dynamics. Economic growth is the key in economic theory and the main source of well-being and quality of life. Since the 2008 financial crisis, most European countries have experienced job shortage and unemployment problem, but today's European economic outlook is strengthening on the bases of a GDP growing momentum. Empirical data shows, regardless the GDP's moderate positive trend, the employment rate did not increase enough. Given this, the present analysis address the question: to what extent the employment rate is affected by economic growth?

Changes in taxation and their impact on economic growth in the European Union

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Irena Szarowská

2011-01-01

Full Text Available The aim of the paper is to analyze changes in taxation and their impact on economic growth in the European Union. The analysis is performed on adjusted annual panel data of 24 European Union countries in a period 1995–2008. Panel regression with fixed effects is used as a basic method of research. The panel regression is based on analysis the effect of total tax quota changes on GDP growth in model 1, of changes in its components (social contribution, direct and indirect tax quotas in model 2 and of personal and corporate income tax quota changes in model 3. Results of empirical tests verify statistically significant negative effect of tax burden on GDP growth. Total tax quota increased by 1% decreases the GDP growth rate by 0.29% in the same year. Estimations confirm a statistically significant negative effect of direct taxes on GDP growth as well. A cut in the direct tax quota by 1% raises the GDP growth rate by 0.43%. The model also presents a high negative impact of an increase in the corporate income tax quota on GDP growth (a value of the regression coefficient is minus 1.28%. The effect of social contribution quota on GDP growth is not statistically significant in any estimation.

The Analysis of Trends in Socio-Economic Development of Poland and its Regions in the Period of the Country’s Membership in the European Union

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Semigulina Irina B. –

2016-02-01

Full Text Available The regional policy of the European Union aims to address issues of regional development associated with the decreasing of existing regional imbalances, preventing the emergence of regional imbalances, reducing the gap between the socio-economic indicators of development of various countries and regions, solving problems of territorial development, which are of priority for the development of modern Ukraine. The integration of Ukraine into the European community makes the matters of a detailed study of the EU experience and analysis of the key elements of its regional policy urgent. It also provides for the need to create Ukraine’s own regional policy taking into account the best European principles for the organization of management of regional and local development as well as the modernization of the local self-government system. Most appropriate for Ukraine is to use the best practices of regional policy of the EU member countries, which have successfully passed the transitional stage in their economic development and demonstrate stable positive transformations. Modern socio-political changes in Ukraine, which are accompanied by reforming the principles of local self-government and territorial organization of government at the local level, raise considerable interest on the part of state bodies and public organizations of our country to successfully carried changes in administrative-territorial system in combination with other structural reforms in Poland. Ukraine’s desire to integrate into the modern European Community makes it relevant to study the results of development of Poland and its regions, dynamics of changes in socio-economic indicators for the period of the country’s membership in the European Union

Education and training of public health professionals in the European Region: variation and convergence.

Science.gov (United States)

Bjegovic-Mikanovic, Vesna; Vukovic, Dejana; Otok, Robert; Czabanowska, Katarzyna; Laaser, Ulrich

2013-12-01

To assess the exit competences of public health graduates across a diverse European landscape. The target population comprised 80 full institutional members of the Association of Schools of Public Health in the European Region with a participation rate 82.5 %. The web-based questionnaire covered institutional profiles and the ranking of exit competences for master of public health programmes, grouped according to WHO Essential Public Health Operations. European schools and departments usually are small units, funded from tax money. A total of 130 programmes have been indicated, together releasing 3,035 graduates in the last year before the survey. All competence groups showed high reliability and high internal consistency (α > 0.75, p teaching output has been assessed for health promotion, followed by disease prevention and identification of health hazards in the community, the least in emergency preparedness. Given the fragmentation of the institutional infrastructure, the harmonisation of programme content and thinking is impressive. However, the educational capacity in the European Region is far from being sufficient if compared to aspired US levels.

Network Convergence

Indian Academy of Sciences (India)

First page Back Continue Last page Overview Graphics. Network Convergence. User is interested in application and content - not technical means of distribution. Boundaries between distribution channels fade out. Network convergence leads to seamless application and content solutions.

Desafios globais contemporâneos: cenário de convergências no direito internacional Global contemporary challenges: convergences scenario in international law

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Ely Caetano Xavier Junior

2009-12-01

Full Text Available O cenário internacional contemporâneo é caracterizado por uma multiplicidade de agentes e interesses, gerando uma complexa teia de relações econômicas, sociais e jurídicas. os desafios globais representados pelas inéditas relações exigem respostas rápidas e eficientes por parte do direito. Essa jornada em busca das soluções para os conflitos emergentes do plano internacional requer uma releitura do significado da divisão entre as esferas pública e privada do direito. Seja através do crescimento dos fundos soberanos de riqueza, que traz à luz uma série de novos paradigmas no campo econômico, sobretudo a convergência entre o papel do estado e o papel do investidor internacional; seja através do encontro entre a necessidade de proteção aos direitos humanos e a harmonização do sistema multilateral de comércio internacional; seja através das interseções entre a governança global e a tutela dos direitos difusos, o direito internacional certamente caminha para a convergência.The contemporary international scenario is characterized by a multiplicity of actors and interests, creating a complex web of economic, social and legal relationships. The challenges represented by these new relationships need rapid and efficient responses by law. This journey seeking the solutions to the conflicts arising from the international arena requires a reassessment of the meaning of the division between public and private spheres of law. Through the growth of sovereign wealth funds, which arises several new paradigms in the economic field, noticeably the convergence between the role of the state and the role of the international investor; through the encounter between the necessity to protect human rights and harmonize the multilateral international trade system, or through the intersections between global governance and the protection of diffuse rights, international law is certainly moving towards the convergence.

Radiotherapy equipment and departments in the European countries

DEFF Research Database (Denmark)

Grau, Cai; Defourny, Noémie; Malicki, Julian

2014-01-01

BACKGROUND: Documenting the distribution of radiotherapy departments and the availability of radiotherapy equipment in the European countries is an important part of HERO - the ESTRO Health Economics in Radiation Oncology project. HERO has the overall aim to develop a knowledge base...... of the provision of radiotherapy in Europe and build a model for health economic evaluation of radiation treatments at the European level. The aim of the current report is to describe the distribution of radiotherapy equipment in European countries. METHODS: An 84-item questionnaire was sent out to European...... countries, principally through their national societies. The current report includes a detailed analysis of radiotherapy departments and equipment (questionnaire items 26-29), analyzed in relation to the annual number of treatment courses and the socio-economic status of the countries. The analysis is based...

A Convergent Participation Model for Evaluation of Learning Objects

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John Nesbit

2002-10-01

Full Text Available The properties that distinguish learning objects from other forms of educational software - global accessibility, metadata standards, finer granularity and reusability - have implications for evaluation. This article proposes a convergent participation model for learning object evaluation in which representatives from stakeholder groups (e.g., students, instructors, subject matter experts, instructional designers, and media developers converge toward more similar descriptions and ratings through a two-stage process supported by online collaboration tools. The article reviews evaluation models that have been applied to educational software and media, considers models for gathering and meta-evaluating individual user reviews that have recently emerged on the Web, and describes the peer review model adopted for the MERLOT repository. The convergent participation model is assessed in relation to other models and with respect to its support for eight goals of learning object evaluation: (1 aid for searching and selecting, (2 guidance for use, (3 formative evaluation, (4 influence on design practices, (5 professional development and student learning, (6 community building, (7 social recognition, and (8 economic exchange.

The future of the European TV is hybrid, convergent and less public

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Francisco Campos-Freire

2013-02-01

Full Text Available Europe’s public service television is losing strength and influence in the communication policies of the second decade of the 21st century, in its own financing means, in the fight for audiences and in the broadcasting technologies against the new hybrid and convergent TV models led by the operators of cable, satellite and internet TV. To cope with the fragmentation of the audiences and the weakening of the traditional financing models (advertising, fees, subsidies, television companies concentrate their dissemination strategies in the scale and club economies through duopolies and integrated market platforms.

Gender Convergence in Housework Time: A Life Course and Cohort Perspective

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Thomas Leopold

2018-05-01

Full Text Available Knowledge about gender convergence in housework time is confined to changes studied across repeated cross-sections of data. This study adds a dynamic view that links broader social shifts in men’s and women’s housework time to individual life-course profiles. Using panel data from the German Socio-Economic Panel Study (1985–2015, our analysis is the first to trace changes in housework time across the entire adult life course (ages 20–90 and across a large range of cohorts (1920–1990. The results revealed two types of gender convergence in housework time. First, the gender gap converged across the life course, narrowing by more than 50 percent from age 35 until age 70. Life-course profiles of housework time were strongly gendered, as women's housework time peaked in younger adulthood and declined thereafter, whereas men’s housework time remained stably low for decades and increased only in older age. Second, the gender gap converged across cohorts, narrowing by 40 percent from cohorts 1940 until 1960. Cohort profiles of housework time showed strong declines in women and moderate increases in men. Both cohort trends were linear and extended to the most recently born, supporting the notion of continued convergence in housework time.

The formal-informal patient payment mix in European countries. Governance, economics, culture or all of these?

Science.gov (United States)

Tambor, Marzena; Pavlova, Milena; Golinowska, Stanisława; Sowada, Christoph; Groot, Wim

2013-12-01

Cost-sharing for health care is high on the policy agenda in many European countries that struggle with deficits in their public budget. However, such policy often meets with public opposition, which might delay or even prevent its implementation. Increased reliance on patient payments may also have adverse equity effects, especially in countries where informal patient payments are widespread. The factors which might influence the presence of both, formal and informal payments can be found in economic, governance and cultural differences between countries. The aim of this paper is to review the formal-informal payment mix in Europe and to outline factors associated with this mix. We use quantitative analyses of macro-data for 35 European countries and a qualitative description of selected country experiences. The results suggest that the presence of obligatory cost-sharing for health care services is associated with governance factors, while informal patient payments are a multi-cause phenomenon. A consensus-based policy, supported by evidence and stakeholders' engagement, might contribute to a more sustainable patient payment policy. In some European countries, the implementation of cost-sharing requires policy actions to reduce other patient payment obligations, including measures to eliminate informal payments. Copyright © 2013 Elsevier Ireland Ltd. All rights reserved.

Poland’s Public Finance Convergence with the Euro Area

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Elżbieta Kawecka-Wyrzykowska

2013-06-01

Full Text Available Situation of Poland's public finances has been improving. Helped by solid economic growth in 2011, Poland has reduced its budget deficit in line with the Commission's recommendations. Contrary to earlier forecasts, in 2012 it was slightly above the ceiling of 3% of GDP. It should be further reduced to reach in 2015 the level of 1% of GDP in terms structural deficit. The slowdown of the economy in 2012 and probably in 2013 will not make this task easy, however.Public debt has risen steadily over the past few years but level has been in recent times still well below the 60% of GDP ceiling.The national reform programme and the convergence programme were adopted by Poland’s Council of Ministers on 25 April 2012. The convergence programme outlined in an integrated manner the fiscal consolidation efforts, the key structural reforms and the reforms that underpin macroeconomic stabilisation.In the medium to long term, Poland is faced with a number of challenges. A very low labour force participation rate, in particular of women, and the poor quality of vocational training and education are major concerns given an ageing population. The low level of public and private R&D spending, weak links between science and industry and the poor innovation performance call for improvements.Apart from programme of national reforms, crucial for future sustained economic growth and good performance of public finances, an additional factor stimulating activities towards fiscal improvement should be Poland’s participation in a strengthened economic governance architecture recently introduced in the EU.Euro adoption remains an important goal of Polish government. The uncertain situation in the euro zone has, however, postponed adoption of a clear timetable of joining the euro zone. The government decided that an additional condition to join the euro zone, apart from meeting the nominal convergence criteria (and legal conditions not discussed here, is stabilisation of

Economic considerations and patients' preferences affect treatment selection for patients with rheumatoid arthritis: a discrete choice experiment among European rheumatologists.

Science.gov (United States)

Hifinger, M; Hiligsmann, M; Ramiro, S; Watson, V; Severens, J L; Fautrel, B; Uhlig, T; van Vollenhoven, R; Jacques, P; Detert, J; Canas da Silva, J; Scirè, C A; Berghea, F; Carmona, L; Péntek, M; Keat, A; Boonen, A

2017-01-01

To compare the value that rheumatologists across Europe attach to patients' preferences and economic aspects when choosing treatments for patients with rheumatoid arthritis. In a discrete choice experiment, European rheumatologists chose between two hypothetical drug treatments for a patient with moderate disease activity. Treatments differed in five attributes: efficacy (improvement and achieved state on disease activity), safety (probability of serious adverse events), patient's preference (level of agreement), medication costs and cost-effectiveness (incremental cost-effectiveness ratio (ICER)). A Bayesian efficient design defined 14 choice sets, and a random parameter logit model was used to estimate relative preferences for rheumatologists across countries. Cluster analyses and latent class models were applied to understand preference patterns across countries and among individual rheumatologists. Responses of 559 rheumatologists from 12 European countries were included in the analysis (49% females, mean age 48 years). In all countries, efficacy dominated treatment decisions followed by economic considerations and patients' preferences. Across countries, rheumatologists avoided selecting a treatment that patients disliked. Latent class models revealed four respondent profiles: one traded off all attributes except safety, and the remaining three classes disregarded ICER. Among individual rheumatologists, 57% disregarded ICER and these were more likely from Italy, Romania, Portugal or France, whereas 43% disregarded uncommon/rare side effects and were more likely from Belgium, Germany, Hungary, the Netherlands, Norway, Spain, Sweden or UK. Overall, European rheumatologists are willing to trade between treatment efficacy, patients' treatment preferences and economic considerations. However, the degree of trade-off differs between countries and among individuals. Published by the BMJ Publishing Group Limited. For permission to use (where not already granted

Convergence and economic growth in Mexico

Directory of Open Access Journals (Sweden)

Alejandro Bautista-Díaz

2000-01-01

Full Text Available Recientemente, se ha puesto mucha atención en lo escrito sobre crecimiento económico, el fenómeno de convergencia condicional o la tendencia de las economías regionales con niveles bajos de ingreso a un crecimiento rápido, como condicional en su tasa de acumulación de factores. El estudio utiliza teorías neoclásicas de crecimiento estandarizadas, para obtener la aproximación empírica de la hipótesis de convergencia sobre el capital humano entre los 31 estados y el Distrito Federal en México, utilizando índices de educación. El estudio encuentra que la tasa anual de convergencia de capital humano per cápita en México oscila del 3.55 al 4.58 por ciento. También estima la convergencia de ingreso per cápita condicional en variables de capital humano.

Seroprevalence and susceptibility to hepatitis A in the European Union and European Economic Area: a systematic review.

Science.gov (United States)

Carrillo-Santisteve, Paloma; Tavoschi, Lara; Severi, Ettore; Bonfigli, Sandro; Edelstein, Michael; Byström, Emma; Lopalco, Pierluigi

2017-10-01

Most of the European Union (EU) and European Economic Area (EEA) is considered a region of very low hepatitis A virus (HAV) endemicity; however, geographical differences exist. We did a systematic review with the aim of describing seroprevalence and susceptibility in the general population or special groups in the EU and EEA. We searched databases and public health national institutes websites for HAV seroprevalence records published between Jan 1, 1975, and June 30, 2014, with no language restrictions. An updated search was done on Aug 10, 2016. We defined seroprevalence profiles (very low, low, and intermediate) as the proportion of the population with age-specific anti-HAV antibodies at age 15 and 30 years, and susceptibility profiles (low, moderate, high, and very high) as the proportion of susceptible individuals at age 30 and 50 years. We included 228 studies from 28 of 31 EU and EEA countries. For the period 2000-14, 24 countries had a very low seroprevalence profile, compared with five in 1975-89. The susceptibility among adults ranged between low and very high and had a geographical gradient, with three countries in the low susceptibility category. Since 1975, EU and EEA countries have shown decreasing seropositivity; however, considerable regional variability exists. The main limitations of this study are that the studies retrieved for analysis might not be representative of all EU and EEA publications about HAV and might have poor national representativeness. A large proportion of EU and EEA residents are now susceptible to HAV infection. Our Review supports the need to reconsider specific prevention and control measures, to further decrease HAV circulation while providing protection against the infection in the EU and EEA, and could be used to inform susceptible travellers visiting EU and EEA countries with different HAV endemicity levels. Copyright © 2017 Elsevier Ltd. All rights reserved.

Local Convergence and Radius of Convergence for Modified Newton Method

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Măruşter Ştefan

2017-12-01

Full Text Available We investigate the local convergence of modified Newton method, i.e., the classical Newton method in which the derivative is periodically re-evaluated. Based on the convergence properties of Picard iteration for demicontractive mappings, we give an algorithm to estimate the local radius of convergence for considered method. Numerical experiments show that the proposed algorithm gives estimated radii which are very close to or even equal with the best ones.

The Relationship between Youth Unemployment and Economic Growth in Central and Eastern European Countries: An Empirical Analysis

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Leman ERDAL

2015-06-01

Full Text Available The study has analyzed the relationship between youth unemployment and economic growth, in the context of Okun law, by using new generation panel data analysis and cointegration tests. In this study, 18 Central and Eastern European country have been selected as subject matter whose youth unemployment rate is above the EU-28 average (25 % for the period 2006-2012. The results show that, if youth unemployment is quite severe; even an exclusive economic growth will not be enough to reduce the youth unemployment rate in the country. It is recommended that the global and country-specific policies which are effective, result-driven on youth (Un employment and labour market issues, should be developed. This study is expected to make a significant contribution to the literature on unemployment and social conflict.

The economic aspect of regionalization of European countries

Directory of Open Access Journals (Sweden)

Vuković Darko

2012-01-01

Full Text Available Subject of this paper is focused on the multidisciplinary approach in studying the phenomenon of regionalization, which is conceived as the process of creation of lower administrative and territorial units within a state and transfer of central authorities to these units. Different concepts have been analyzed; the most significant characteristics of definitions: region, regionalization and regionalism have been underlined. Based on the multidisciplinary approach and method, four dominant models of regionalism in Europe have been defined: constitutional, strong, decentralized and administrative one. Regionalization concept has been considered in the dynamic way, within the historical context. Creation of European national states in the period between 17th and 19th century have been analyzed and centralistic state approach based on centralization and hierarchical vision of relations between central government and regions has been explained. Such approach has remained dominant in the territorial policy of national states until the last decades of the 20th century. The paper has presented historical path of regionalization in European countries with dominant models of regionalization e.g. Germany, Italy, France and Scandinavian countries as well as Spain, country with strong regional roots, which dated back more than couple of hundred years. Special attention has been given to analysis of different paths and contents of decentralization in European countries, starting in the 1970’s. Based on the analysis of contents of decentralization and regionalization and its constitutional and legal foundation it has been concluded that these processes represent significant step in further democratization of European countries.

Trophic convergence drives morphological convergence in marine tetrapods.

Science.gov (United States)