Search results for "Economic recovery"
showing 10 items of 23 documents
The language of recovery
2020
Abstract The present study attempts to make a comparative analysis of two Spanish and American political speeches, which belong to two different debate traditions, in terms of the metaphors used. For that purpose, we analyze the Economy sections of the 2015 State of the Union Address in the US and in the 2015 State of the Nation Debate in Spain. The present study aims at answering the following research questions: What metaphors do President Obama and Prime Minister Rajoy use in the American and Spanish political speeches to convince their audiences of America’s and Spain’s economic victory? What are the similarities and differences between the representations depicted by metaphor use in th…
Inequality and economic growth across countries of the Eurozone
2018
The EU economic recovery after the financial crisis is being accompanied by sluggish and unsteady growth with high levels of inequality. The relationship between income inequality and the rate of economic growth still remains a controversial issue with discrepancies in the results reported in many empirical and theoretical studies of growth and development. We explore the impact of income inequality, poverty, and wealth on the rate of economic growth in the Eurozone. We find that the effect of income inequality on economic growth is statistically insignificant, whereas poverty and savings have a negative, statistically significant effect on growth, while the effect of financial assets is po…
DISTRIBUTISM - WAY FOR SUSTAINABLE ECONOMIC RECOVERY
2013
As history of the last centuries has shown, the capitalism and the communism are generating economic crisis, in connection with a deeper crisis, i.e. the spiritual crisis, driven by the tendency of man’s massification,, by which his spiritual qualities are strongly tainted over time. Distributism, promoting widespread ownership of productive ownership, is the only economic frame adequate to the anthropology of the person, namely of a true man.
THE IMPACT OF REGIONAL AND COHESION POLICY ON THE ECONOMIC DEVELOPMENT OF THE EU
2012
As the global financial and economic crisis hit the European Union, no country was left unharmed. To this day, the Member States share the burden of excessive foreign debt, inflation, budget deficit, high unemployment levels, shaken stability of the currency, and many more. Multiple responses were introduced to these damaging effects, including adopting changes to the use of the Globalisation Adjustment Fund, enabling a Financial Stability Mechanism for the Euro zone and introducing a number of micro-financing instruments, particularly to support SMEs. Nevertheless, these have all been short-term actions, which will not suffice to ensure a long-term, sustainable economic growth of the Europ…
The Analysis of the Relationship between the Level of the Public Expenditure for Investments and de Degree of Development of the Society in Romania
2013
Abstract Public expenditure for development have a decisive role in Romania in the economic recovery of the country, in a first step, but at the same time taking into account the EU's objectives. Romania during 2000-2010 had the largest public investment expenditures across European countries as a share of GDP, and in 2011 was ranked second after Poland. But while the share of GDP allocated to public investment in Romania is above the average of EU countries, in the economy these expenditures have been seen too little. Looking at Lisbon Index score, which tracks the performance of member countries to achieve the objectives of the current Lisbon strategy, one can notice that Romania is on th…
Travel and Tourism as a Driver of Economic Recovery
2013
Abstract Nowadays countries are trying to overcome the adverse effects of this crisis but have failed to recover their positions due to severe recession and worsening economic conditions. Tourism can be one of the pillars that should be supported by governments around the world as part of the solution to stimulate economic growth. The paper examines the economic impact of tourism industry worldwide and with a focus to Romania. It also advances some solutions for the design of a more effective and efficient policy framework in order to take a proactive stance in tailoring policies and development of the tourism sector.
From The Lisbon Strategy To Europe 2020
2015
Abstract The idea of a Western Europe economic recovery occurs after World War II. First as a common market, and later, after enlargement towards Central and Eastern Europe as the single internal market. Due to the new challenges with which the global economy was faced, the longterm and short-term European economy needs a coherent growth economic strategy; the success of this strategy depends on joint action. Expanding the European economy is a continuous and irreversible process, yet it advances too slowly. The Lisbon strategy is a commitment to revive the European economy in all sectors. At 5 years after implementation of this strategy it was found that the results are insufficient, so me…
Entrepreneurship and SMEs Innovation in Romania
2014
Abstract The aim of this article is to present some theoretical connections between entrepreneurship, innovation and small and medium medium-sized enterprises highlighting the role of these business for the economic recovery. It will provide a brief overview of the CNIPMMR study pointing out data about Romanian SMEs innovation activities and use of information technology in such enterprises. Some recommendations for public policies are presented at the end of the paper.
The European Unemployment Benefit Scheme: Legal Basis for Resocialising Europe
2017
Il presente lavoro analizza la possibile introduzione di un Sussidio europeo di disoccupazione (d’ora in poi EUBS) nella temperie economico-culturale della crisi quale strumento tecnico-giuridico per la risocializzazione dell’Europa. Dopo un’analisi del sistema statunitense di tutela della disoccupazione, che rappresenterebbe un idealtipo in ragione del sistema di competenze condivise tra livello federale e statale, il saggio si concentra sulla legittimità dell’EUBS alla luce dei trattati UE: nonostante l’assenza di un’autonoma potestas normativa europea in materia di sicurezza sociale, l’EUBS potrebbe essere giustificato da un’interpretazione olistica del diritto dell’Unione. Da ultimo, pe…
Do Fiscal Rules Constrain Fiscal Policy in Romania?
2020
At both macroeconomic and national level, in recent decades, European tax policies have shown a particular interest in addressing the spectrum of risk issues in terms of maturing the business environment and the lack of sustainable development of the economy. In Romania there has been a significant increase in public debt, which is increasingly threatening fiscal sustainability. This is due to fiscal rules that restrict the applicability of fiscal policy to balancing the national economy. However, fiscal policy did not act in the direction of economic recovery during the crisis that started in the last quarter of 2008, which had a negative impact on the Romanian business environment. Object…