Search results for "Union"
showing 10 items of 2069 documents
THE EUROPEAN SOCIAL ECONOMY: CONCEPT AND DIMENSIONS OF THE THIRD SECTOR
2008
ABSTRACT**: In recent years a new context has emerged in Europe characterized by a larger growing Europe, the creation of a new European platform for social economy named ‘Social Economy Europe’ and an improvement in research, networks and initiatives in this area from certain European Institutions such as the European Social and Economic Committee. This paper focuses on recurrent, but needing clarification, topics such as the question of definitions, the national recognition of the concept of Social Economy and the size of this European third sector. It begins with a proposition of a conceptual delimitation of the Social Economy and of the different classes of company and organization that…
‘Experimental Union’ and Baltic Sea cooperation: the case of the European Union’s Strategy for the Baltic Sea Region (EUSBSR)
2018
In the past, Baltic Sea cooperation has been characterized by a plethora of actors, embracing a wide range of policy objectives, such as the establishment of a good environmental status for the regional sea. In 2009, the European Council endorsed the European Union’s (EU) Strategy for the Baltic Sea Region (EUSBSR) as a new tool in the repertoire of Cohesion Policy and European Territorial Cooperation (ETC). The EUSBSR seeks to foster cross-sectoral coordination and functional cooperation in policy areas of ‘macro-region-level’ relevance, such as transport infrastructure, economic development and environmental protection – thus projecting a ‘soft space’ of transnational Baltic Sea cooperati…
The Euro and European identity: The Spanish and Portuguese case
2001
Abstract The European Union proposes a potential social identity that Spain and Portugal wish to have as part and parcel of their process of modernisation and economic growth. The Euro is the symbol of this desire. As this study shows, in the process of changing to the new currency the pro-European attitudes are far more advanced than any real information citizens may have. As a result of this, the desire to be a European citizen is expressed in the new currency or any other symbol of identity that may strengthen this particular image. The support that citizens give to the Single European Currency comes more from the European identity than from the economic expectations or knowledge of the …
Banking failure prediction: a boosting classification tree approach
2016
The recent financial crisis shows that failure of some financial institutions can cause other banks to fail and ultimately cause damage to the financial system worldwide. Eurozone banks that experienced either liquidity or solvency problems during the finan- cial markets turmoil were bailed out by their national governments with the financial support and supervision of the European Union. This paper applies the boosted classification tree methodology to predict failure in the banking sector and identifies four key scor- ecard variables that are worth tracking closely in order to anticipate and prevent bank financial distress. The data used in this study comprises 2006-2012 annual series of …
Empirical Approaches Upon Pension Systems in Central and Eastern European Countries. Triangle Assessment: Free Movement of People, Labor Market and P…
2020
Abstract Nowadays, around the world, it can be noticed an important trend towards the pension system reforms. The creation of the European fiscal space, the effects of globalization and the movement of the labour force are important vectors towards creating a new type of social economy. The labour force is constantly moving around the countries that gathered important amounts of capital, especially in industrialized countries. Moreover, the lower levels of the birth rate combined with the increasing level of death rate unbalance the labour market. The entire European continent undergoes a demographical transition period, highlighted by aging and intensive migration. This phenomenon is regis…
Trade Associations: Why Not Cartels?
2021
First published: 30 September 2020 The relevance of special interests lobbying in modern democracies can hardly be questioned. But if large trade associations can overcome the free riding problem and form effective lobbies, why do they not also threaten market competition by forming equally effective cartels? We argue that the key to understanding the difference lies in supply elasticity. The group discipline which works in the case of lobbying can be effective in sustaining a cartel only if increasing output is sufficiently costly ‐ otherwise the incentive to deviate is too great. The theory helps organizing a number of stylized facts within a common framework. This article has been accept…
Cooperation and teamwork in technology start-ups : reflected in some Italian, British, Dutch and German findings
2011
Cooperation and teamwork is often a challenge for technology start-ups. Cooperation is usually needed in order to combine the variety of expertise and it requires trust between partners. The idea of national locality is changing in European enterprises because of the new shared markets and possibilities for cooperation. In this article we explore technology start-ups taking an Italian sample (N = 20) from the Torino-Milano area as a benchmark. Survey findings as well as case-study interviews are used as data. Italians are reputed to be communitarian and family minded as part of their national culture. Such start-ups would prefer to cooperate locally. A questionnaire and in-depth interviews …
Inequalities in the efficiency of the banking sectors of the European Union
2002
The aim of this study was to analyse the inequalities of cost and profit efficiency existing in the banking sectors of the European Union, and the origins of the inequalities observed. The decomposition of the Theil index shows that on the cost side the greatest differences within groups occur when the total sample is divided into institutional groups (commercial banks, saving banks, co-operative banks and other banks), the country effect and the type of productive specialization being more important in explaining the differences between groups. In profit efficiency, there are great differences between countries, but none between specialization clusters.
Fiscal and regulatory federalism in the European Union
1995
This contribution summarizes some quantitative results and presents relevant policy-oriented conclusions obtained from research program No. PBS91-0363. It is mainly supported by the Inter-ministerial Committee on Science and Technology of the Spanish government, which was carried out at the Public Finance and Public Sector Economics Research Unit of University of Valencia (Spain) to analyze, from a fiscal and regulatory point of view, the dynamic characteristics of federalism in the European Union. The research was performed in order to contribute to the establishment of the basis for the acceleration of the economic European integration and the future constitution of the United States of E…
The impact of the Great Recession on TFP convergence among EU countries
2017
ABSTRACTThis article provides evidence on the effect of the Great Recession on productivity convergence among European Union (EU) economies. We use firm data, aggregated at the country-year level, to analyse the evolution of beta-convergence on total factor productivity (TFP) for 2003–2014. We obtain a positive impact of the recession on TFP (unconditional and conditional) beta-convergence across EU economies. These results support the existence of a catching-up process within the EU during the recent financial crisis. Other macroeconomic and institutional characteristics are important in fostering TFP growth, namely R&D intensity and quality of governance.