scholarly journals Bank rescues and fiscal policy in the European Union during the great recession

2016 ◽  
Vol 63 (2) ◽  
pp. 211-230 ◽  
Author(s):  
Jesús Ferreiro ◽  
Catalina Gálvez ◽  
Carmen Gómez ◽  
Ana González
Keyword(s):  
European Union ◽  
Great Recession ◽  
Public Support ◽  
The European Union ◽  
Budgetary Impact ◽  
The Public ◽  
The Great Recession ◽  
Considerable Impact ◽  
Fiscal Impulse ◽  
The Impact

The outbreak of the economic and financial crisis in 2008, the socalled Great Recession, has made that many European Union countries have made massive interventions in their banking and financial systems. These interventions have had a considerable impact in the public finances of these countries. The aim of the paper is to analyze the impact on the national public budgets of the measures of public support to problem financial institutions carried out between the years 2008 and 2013, and to study how this budgetary impact has affected to the fiscal imbalances and to the strategies of fiscal impulse and consolidation implemented along these years.

Great Recession impact on European labor markets integration: cluster analyses

2017 ◽  
Vol 38 (7) ◽  
pp. 1016-1035
Author(s):  
Helene Syed Zwick ◽  
Sarfaraz Ali Shah Syed
Keyword(s):  
European Union ◽  
Labor Market ◽  
Great Recession ◽  
The European Union ◽  
Integration Process ◽  
Multivariate Statistical Methods ◽  
Multivariate Statistical ◽  
Content Type ◽  
The Great Recession ◽  
The Impact

Purpose The purpose of this paper is to assess the impact of the Great Recession (2008-2014) on the labor market profiles and integration process in the European Union (EU26) and in the 12 historical Eurozone countries. Design/methodology/approach This study assesses the impact of the crisis, and applies multivariate statistical methods containing a principal component analysis and an agglomerative hierarchical clustering. Two non-overlapping sub-periods are established: a pre-crisis (1999-2007) period and a crisis (2008-2014) period, and eight European indicators are considered. Findings The results are threefold. First, they bring strong evidence of a significant impact of the crisis on the process of integration. Second, they interestingly reveal more heterogeneity in the aftermath of the crisis across the EU countries, while more homogeneity across the Eurozone countries. Third, this apparent homogenization is accompanied by a polarization process into two main groups of countries including Spain, Portugal, Finland and the Netherlands in one group while the rest of the Eurozone in the other. Originality/value This study is unique as it does not only present a snapshot of the challenges posed by the Great Recession to the European Union and Eurozone labor market profiles, but it also assesses its impact on their integration process. In addition, using the, suitable yet ignored, multivariate statistical methods on the latest data to study such an impact is another contribution of this paper.

scholarly journals The European Union Green Deal: Clean Energy Wellbeing Opportunities and the Risk of the Jevons Paradox

Energies ◽  
2021 ◽  
Vol 14 (14) ◽  
pp. 4148
Author(s):  
Estrella Trincado ◽  
Antonio Sánchez-Bayón ◽  
José María Vindel
Keyword(s):  
Climate Change ◽  
European Union ◽  
Great Recession ◽  
International Institutions ◽  
Smart Cities ◽  
Clean Energy ◽  
The European Union ◽  
The Great Recession ◽  
Financial Framework ◽  
The Common

After the Great Recession of 2008, there was a strong commitment from several international institutions and forums to improve wellbeing economics, with a switch towards satisfaction and sustainability in people–planet–profit relations. The initiative of the European Union is the Green Deal, which is similar to the UN SGD agenda for Horizon 2030. It is the common political economy plan for the Multiannual Financial Framework, 2021–2027. This project intends, at the same time, to stop climate change and to promote the people’s wellness within healthy organizations and smart cities with access to cheap and clean energy. However, there is a risk for the success of this aim: the Jevons paradox. In this paper, we make a thorough revision of the literature on the Jevons Paradox, which implies that energy efficiency leads to higher levels of consumption of energy and to a bigger hazard of climate change and environmental degradation.

Human rights restrictions during the COVID-19 pandemic in Poland and Russia. Legal and comparative aspects

2021 ◽  
Vol 2(24) ◽  
pp. 323-340
Author(s):  
Marta Pietras-Eichberger
Keyword(s):  
Public Health ◽  
European Union ◽  
Human Rights ◽  
Public Interest ◽  
The European Union ◽  
Human Rights Law ◽  
The Public ◽  
Safety And Health ◽  
Research Problems ◽  
The Impact

The study analyzed selected issues related to the scope of human rights and freedoms during the COVID-19 pandemic in Poland and Russia. The author wanted to compare the regulations issued by a Member State of the European Union and a country outside the European Union, often using undemocratic methods of exercising power. The work focuses on research problems related to the principles of protection, the confrontation of individual interests with the public interest, and the impact of the regimes introduced during the COVID-19 pandemic on human rights law in both countries. The thesis of the study is that in the event of a threat to public health, analogous restrictions on human rights are introduced both in an undemocratic country and in a country belonging to international structures identifying with democratic values. The state of the COVID-19 pandemic has exposed, and in some area even contributed to the creation of mechanisms reserved for crisis situations, posing a direct and real threat to public safety and health.

Six Dimensions of Public Law

2020 ◽  
pp. 399-430
Author(s):  
Paul Craig
Keyword(s):  
European Union ◽  
United Kingdom ◽  
Case Law ◽  
Public Law ◽  
The European Union ◽  
The Public ◽  
The United Kingdom ◽  
Six Dimensions ◽  
The Impact ◽  
The Way

This chapter draws on the six dimensions of public law covered in the book: theory, institutions and accountability, constitutions and rights, process and procedure, legislation, and case law. It links discussion of these dimensions, by considering how they have been affected by Brexit. The chapter is not concerned with the contending arguments for leaving or remaining in the European Union. The focus is on the way in which Brexit has ‘pressure-tested’ the public law regime in the United Kingdom and the European Union. The six dimensions of public law that are discussed in the preceding chapters form the architectural frame through which the impact of Brexit on the public law regimes is assessed in both the United Kingdom and the European Union.

scholarly journals The Role of the Public Broadcaster in Informing Montenegrin Citizens about European Integration with Special Emphasis on Chapter 27

2020 ◽  
Vol 24 (2) ◽  
pp. 147-159
Author(s):  
Nataša Ružić
Keyword(s):  
European Union ◽  
Public Opinion ◽  
European Integration ◽  
The European Union ◽  
The Public ◽  
Special Obligation ◽  
The People ◽  
Public Broadcaster ◽  
The Media ◽  
The Impact

As a media outlet established, funded and controlled by the public, the public broadcaster has a special obligation in regard to informing the people about topics of public interest in accordance with professional reporting standards. European integration represents one of these topics. bearing in mind the fact that Montenegro started its journey towards the European Union in 2008. So far, 32 chapters have been opened, excluding Chapter 8 which is related to competition. In recent years, public opinion polls have shown a decline in the number of Montenegrin citizens who support Montenegro’s accession to the EU. This result can be explained by the impact of Brexit and the pessimistic estimates of experts that the European Union is going to fall apart in the near future. It is clear that the media – above all the public broadcaster – plays an important role in the process of informing the public on the accession process and shaping public opinion. Therefore, this work shall be dedicated to an analysis of the public broadcaster’s reporting on Chapter 27 which is related to the environment and climate change. This chapter was chosen precisely because Montenegro defi nes itself as an ecological state.

scholarly journals The Role of Public Support for Innovativeness in SMEs Across European Countries and Sectors of Economic Activity

2020 ◽  
Vol 12 (10) ◽  
pp. 4143
Author(s):  
Wojciech Grabowski ◽  
Anna Staszewska-Bystrova
Keyword(s):  
European Union ◽  
Small And Medium Enterprises ◽  
Public Support ◽  
The European Union ◽  
Community Innovation Survey ◽  
Innovation Activities ◽  
Policy Mixes ◽  
The Impact ◽  
Innovation Support ◽  
The Eu

The paper investigates the impact of public support for innovation activities on adoption of different innovation strategies and propensities to introduce product, process, organizational and marketing innovations in European small and medium enterprises. In estimating these effects, country and sectoral heterogeneities are taken into account. Effectiveness of alternative policy mixes is also evaluated. The analysis is based on a multivariate, multi-stage econometric model and data from the Community Innovation Survey 2014. It is found that innovation support is utilized differently by newer and older members of the European Union, with the former investing mainly in acquisition of machinery, equipment, software, buildings, knowledge and trainings and the latter directing aid, to a larger extent, to research and development and introduction of innovations. The results also indicate various effectiveness of support from alternative institutional sources. Aid from the EU is more beneficial for manufacturing, while national and local support is more effective in older EU countries than newer members of the European Union and services sector. Using various but not all types of policy mixes is estimated to increase the chances of innovating. It is concluded that innovation support might not be optimally used in newer members of the EU and that better coordination of aid from the EU and national institutions could lead to improved economic results.

scholarly journals Government expenditure and economic growth in the European Union countries: New evidence

2017 ◽  
Vol 36 (36) ◽  
pp. 127-133 ◽  
Author(s):  
Marta Pascual Sáez ◽  
Santiago Álvarez-García ◽  
Daniela Castañeda Rodríguez
Keyword(s):  
Economic Growth ◽  
European Union ◽  
Government Spending ◽  
Government Expenditure ◽  
The European Union ◽  
The Public ◽  
European Union Countries ◽  
The Impact ◽  
New Evidence ◽  
The Relationship

AbstractThis paper provides new evidence of the impact of government spending on economic growth in the European Union countries. Governments can adjust their levels of spending in order to influence their economies, although the relationship between these variables can be positive or negative, depending on the countries included in the sample, the period of estimation and the variables which reflect the size of the public sector. The results obtained based on regression and panel techniques suggest that government expenditure is not clearly related with economic growth in the European Union countries over the period 1994-2012.

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