scholarly journals Challenges for Economic Policy In Era of Economic Integration and Globalization

Equilibrium ◽  
2012 ◽  
Vol 7 (4) ◽  
pp. 7-20 ◽  
Author(s):  
Beata Skubiak
Keyword(s):  
Economic Growth ◽  
European Union ◽  
Economic Policy ◽  
Economic Integration ◽  
The European Union ◽  
Structural Policy ◽  
Polish Economy

In this article an attempt was made to answer the question of why economic policy must not only perceive the process of globalization and integration, but should also be led in a way which would exploit the opportunities created for the Polish economy by globalization and economic integration. This particularly applies to developing a long-term strategy for socio-economic growth, and implementation of structural policy, which is financed by the European Union.

scholarly journals EFFECTS OF TRADE FLOW LIBERALIZATION: CASE OF ASEAN, NAFTA & MERCOSUR

2018 ◽  
Vol 8 (1) ◽  
pp. 64-69
Author(s):  
Hasan Mahmutović ◽  
◽  
Alem Merdić ◽  
Keyword(s):  
Economic Growth ◽  
European Union ◽  
Economic Integration ◽  
Regional Policy ◽  
Trade Flow ◽  
Trade Flows ◽  
Uneven Distribution ◽  
The European Union ◽  
The World ◽  
Distribution Of Income

An important factor and the inescapable link of the globalization process are economic integrations, which by the liberalization of trade flows contributes significantly to the interconnection of countries, thus directly affecting the enhancement of the value of macroeconomic parameters at the level of the formed integration. The aim of this paper is to examine the effects of economic integration on the example of ASEAN, NAFTA and MERCOSUR integration, which, along with the European Union, represent the most relevant integrations in the world. The analysis showed, as a consequence of the integration, increased volume of trade exchange, increased FDI level and achieved real economic growth on the level of integration. However, the analysis has shown, in particular in the ASEAN area, that there is still a problem of uneven distribution of income and fairer implementation of regional policy, in order to integrate growth generated into the development of less developed areas.

scholarly journals A Multi – Speed Europe, and the Peripherality of Poland

e-Finanse ◽  
2019 ◽  
Vol 15 (1) ◽  
pp. 30-44
Author(s):  
Mateusz Mierzejewski ◽  
Karolina Palimąka
Keyword(s):  
European Union ◽  
Business Cycles ◽  
Interest Rates ◽  
Inflation Rate ◽  
Developed Countries ◽  
The European Union ◽  
Short Term ◽  
Macroeconomic Indicators ◽  
Polish Economy

AbstractIn recent years, research on the synchronization of business cycles in economies has been undertaken more than once. This is a desirable phenomenon especially for the European Union. The aim of the article is to verify selected macroeconomic indicators that characterize the economies of countries belonging to the European Union in relation to Poland, thus presenting convergence of dynamic cycles of changes in socio-economic sphere indicators: inflation rate, unemployment rate, short-term interest rates, and GDP. For this purpose, a cross-spectral analysis was used which allows us to show the occurring fluctuations of different lengths, as well as to compare the strength of the relation of changes between selected indicators. According to the conducted analyses, it was noted that the Polish economy (in the perspective of long-term changes) is a determinant of changes for highly developed countries.

scholarly journals Innovativeness of enterprises in Poland

2013 ◽  
Vol 61 (7) ◽  
pp. 2729-2735
Author(s):  
Katarzyna Sieradzka
Keyword(s):  
Economic Growth ◽  
European Union ◽  
Comparative Analysis ◽  
State Of The Art ◽  
The European Union ◽  
Member States ◽  
Industrial Enterprises ◽  
National Office ◽  
Polish Economy ◽  
International Economies

At a time of huge economic challenges, innovativeness is perceived as a way of overcoming difficulties, fostering and assuring socio-economic growth of particular countries. It is necessary to improve competitive standing of enterprises both in domestic and international economies. Launching of new or improved products, application of state of the art technologies and of new organisational and management solutions are key to enhanced effectiveness and better competitiveness of enterprises. Innovation standards of Polish enterprises are considerably lower than those of businesses operating in countries of the old European Union, therefore so much attention is paid to these issues.This paper undertakes to analyse innovative activities of enterprises in the Polish economy.Based on the report ‘Innovation Union Scoreboard’, a comparative analysis of Poland’s innovation standards in relation to other member states of the European Union is conducted, levels and structure of financial spending on innovative activities incurred by Polish industrial enterprises are discussed using statistics published by the National Office for Statistics and Ministry of Economy.

scholarly journals MACROECONOMIC STABILITY OF NEW MEMBER STATES OF THE EUROPEAN UNION: FIFTH ENLARGEMENT

2020 ◽  
Vol 8 (19) ◽  
pp. 55
Author(s):  
Sanel Razić ◽  
Merim Kasumović
Keyword(s):  
Economic Growth ◽  
European Union ◽  
Economic Integration ◽  
Regional Integration ◽  
Developed Countries ◽  
Regional Economic Integration ◽  
The European Union ◽  
Regional Economic ◽  
National Economies ◽  
Macroeconomic Stability

The historical context of globalization as an organized process, which influenced the majority of national economies linked via international institutional mediators, led to the so called regional economic integration phenomenon. It is interpreted as the efforts of underdeveloped and developing countries to speed up their economic growth and more significantly impact the entire macroeconomic stability by means of some form of regional integration. Nowadays, regional economic integration is one of the pillars for proper functioning of modern economic relations. Experience of developed countries serves as an example to point out that integration processes inevitably contribute to more favorable environment for developing business sector in the countries striving for integration. In the context of global integrations, more frequent forms of regional changes and the establishment of trade blocks come as the consequence as well as the overall need for obtaining trade balance among national economies. Within this context, the European Union is seen as one of the most important regional integration and an imperative in economic, political and cultural segment, as it is the territory with significant economic growth and the region with high living standards.

scholarly journals ECONOMIC INEQUALITY AND POVERTY IN EUROPEAN UNION

2019 ◽  
Vol 17 (31) ◽  
Author(s):  
Božana Škorić ◽  
Jelena Bjelić ◽  
Marijana Nikolić ◽  
Luis Chirosa
Keyword(s):  
Economic Growth ◽  
European Union ◽  
Economic Policy ◽  
Income Inequality ◽  
Policy Instruments ◽  
The European Union ◽  
Education And Health ◽  
Statistical Connection ◽  
Excessive Accumulation

Excessive accumulation and raising income inequality re- flected on the high rates of poverty in the European Union countries. Economic literature has wide research on the link between income inequality and economic growth. However, knowledge about correlation between income inequality and poverty is scare. In this paper, we have proved that poverty is not synonymous for income ine- quality, but that is a product of income inequality. Income inequality, measured by the Gini coefficient, reflected the movement of the percentage of the population who are at risk of poverty. The coefficient of simple on correlation showed that income inequality affects the growth risk of poverty in the countries of the European Union. Besides poverty, as a consequence of income inequality, other socio-economic problems also appeared: the suppression of economic growth, the rise in crime rate, the decline in the quality of education and health, the political inequal- ity growth. All these problems should warn governments to take economic policy for reducing economic inequal- ity. The European Union, as an area of 28 member states, needs to carefully select economic policy instruments to reduce income inequality and ensure stable ground for economic growth. The differences between the level of development, the index of democracy, income and liv- ing standards in observed countries have influenced the difficulty in observing the problem and computing math- ematical and statistical connection. Through equalization of incomes, the European Union could solve problems of poverty, social exclusion and democracy (measured by index of democracy).

scholarly journals Diversification of Capabilities of Economies in the Field of Talent Management. Poland Against the Background of the European Union

2019 ◽  
Vol 8 (2) ◽  
pp. 268 ◽  
Author(s):  
Monika Sipa
Keyword(s):  
European Union ◽  
Human Capital ◽  
Technical Skills ◽  
Talent Management ◽  
The European Union ◽  
Human Capital Management ◽  
Global Knowledge ◽  
Polish Economy ◽  
High Level

Among the dilemmas of contemporary enterprises, regions and economies, there is a growing shortage of talent. The demand of the economies and enterprises for specific skills, competences and knowledge that shape their innovativeness and competitiveness is related to the responsible and sustainability human capital management. Attracting and optimizing human capital, which contributes to increasing productivity and prosperity of economies, requires appropriate potential that is built by thought-out and long-term activities within their policies. Therefore, the main objective of the study was to identify changes within the potential of the Polish economy in the context of talent management and to identify areas in which the largest differences are visible in relation to the average of the European Union. The assumptions and data from the Global Talent Competitiveness Index (GTCI) and the European Innovation Scoreboard (EC) were used in the research. The data from the years 2013-2018 were analyzed, with particular focus on skills, on the medium and high level (the output sub-index): Vocational and Technical Skills and Global Knowledge Skills. Key words: EU countries, GTCI, talent management, sustainable development, human capital.

scholarly journals Economic growth in the European Union

2006 ◽  
Vol 58 (4) ◽  
pp. 387-413 ◽  
Author(s):  
György Simon
Keyword(s):  
Economic Growth ◽  
European Union ◽  
Economic Policy ◽  
German Economy ◽  
The European Union ◽  
Mathematical Economics ◽  
Important Conclusion ◽  
Economic Relations ◽  
Empirical Results ◽  
The 1960S

According to the empirical results expounded in the paper, the European Union?s economic growth since the 1960s has proceeded in many respects in conformity with regularities similar to those of the German economy. A combined influence was exerted by growth mechanism regularities, economic policy and international economic relations. Using models of mathematical economics, the author analyses the main relationships. The most important conclusion on the basis of empirical results is that the relatively slow economic growth of our days may be accelerated by a switch to a growth-oriented economic policy.

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