scholarly journals ANALYSIS OF THE EUROPEAN UNION COUNTRIES ON THE BASIS OF SELECTED MACROECONOMIC INDICATORS USING THE DISTANCE METHOD FROM THE FICTITIOUS OBJECT

Author(s):  
Ľubica Hurbánková ◽  
◽  
Dominika Krasňanská ◽  
Author(s):  
Koray Yapa ◽  
Mert Durmus ◽  
Nezih Tayyar ◽  
İbrahim Akbulut

Macroeconomic indicators are used to evaluate the current performance and forecast the future state of the economy. Within the scope of the chapter; macroeconomic indicators such as GDP per capita, unemployment, inflation, real interest rates, and growth rates constitute the criteria of Multi-Criteria Decision Making (MCDM) model. The European Union (EU) countries and Turkey are the alternatives of the MCDM problem. Best Worst Method (BWM) is an MCDM method developed by Jafar Rezaei in 2015. In this method, the decision-maker identifies only the best and worst criteria and compares them with the remaining criteria. In this chapter, the macroeconomic indicators of Turkey and EU countries analyzed by BWM. As a result of the study, Luxembourg ranks first, Denmark second, and Sweden third. The last three countries are Portugal, Croatia, and Greece. Turkey ranks 24th.


2021 ◽  
Author(s):  
Nerajda FERUNI ◽  

The aim of this paper is to test empirically the relationship between life satisfaction, another term used for happiness, and macroeconomic indicators such as GDP per capita, which is a proxy for economic growth, unemployment, inflation, income distribution and government expenditure in the European Union countries during the period of 2005-2017. The chosen variables are some of the most significant determinants of economic growth as well. Using the Fixed Effects model, which falls under the Panel Generalized Least Square method, the empirical results are in accordance with the literature review and suggest that unemployment and inflation have negative significant impacts on life satisfaction. Additionally, higher government expenditures and a higher level of economic growth lead to a higher level of life satisfaction in the EU countries, while unfair income distribution leads to a lower level of life satisfaction. Keywords: life satisfaction, macroeconomic indicators, economic growth, EU


2011 ◽  
Vol 13 (4) ◽  
pp. 5-25
Author(s):  
Edyta Dworak

Directions of changes in the world economy occurring in recent years show the transition from industrial era economy to knowledge-based economy. Increasing investments in fixed assets is no longer a sufficient way of ensuring permanent economic growth. Research-development activity, innovation and human capital become decisive factors of development. As an essential determinant of the innovativeness level of individual economies are considered expenditures on research and development designed to conduct basic, applied research and development activities as well as effects of these research appearing in the form of innovations. The objective of the article is to analyze correlative connections between the two main variables describing knowledge-based economy, that is between the share of R&D expenditures in GDP and R&D expenditures per capita, and the remaining characteristics of knowledge - based economy. Another aim of the article is to assess the impact of these two variables on the basic macroeconomic indicators in the European Union countries, and, connected with them, to analyze the impact of knowledge-based economy on economic development of these countries.


2020 ◽  
pp. 92-97
Author(s):  
A. V. Kuznetsov

The article examines the norms of international law and the legislation of the EU countries. The list of main provisions of constitutional and legal restrictions in the European Union countries is presented. The application of the norms is described Human rights conventions. The principle of implementing legal acts in the context of the COVID-19 pandemic is considered. A comparative analysis of legal restrictive measures in the States of the European Union is carried out.


2015 ◽  
Vol 5 (3) ◽  
pp. 95-112
Author(s):  
Miroslava Kovaříková

This article deals with the issue of security management and its following application in education. The article focuses on the topic of armed attacks at schools. Based on a research probe aimed at teachers which focused on perception of security risks, there are chosen areas to which Central emergency system services should react. Further, knowledge of technical and organizational measures of emergency plans in the organization and the level of attention paid to this issue by the school management were investigated. In the text there are also international models of solutions of this issue introduced. The contribution also brings outline of how is the issue solved in the European Union countries, in particular in the Kingdom of Spain. Experience with the solution of security issues of schools in Latin America are also mentioned. In the conclusion the summary of measures for improvement of security at schools is presented.


Energies ◽  
2021 ◽  
Vol 14 (15) ◽  
pp. 4593
Author(s):  
Katarzyna Cheba ◽  
Iwona Bąk

The main purpose of the paper is to present a proposal to measure the relationships between Goal 7 of the 2030 Agenda for Sustainable Development and one of the areas considered in the green growth concept: environmental production efficiency. Both of these areas illustrate the relationship between the natural environment and the economy, emphasizing transformations in the field of energy use. Selected taxonomic methods, TOPSIS, and multicriteria taxonomy, were applied to study the relationships between the two areas. The results of the EU countries classification showed a variety of countries’ development pathways within a single economic community. Despite continued attempts to equalize the development levels between European Union countries in many strategic areas, they remain highly diversified. That is also true for the areas analyzed in the paper, which is a disturbing situation, indicating that both strategies might not correlate in all respects. Further research into the relationships linking the remaining dimensions of both strategies is required.


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