Social exclusion - some targets and facts from the European Union and implications for economic growth

Journal Title: Central European Review of Economics and Finance - Year 2016, Vol 14, Issue 4

Abstract

On the background of inconclusive evidence about the income inequality-economic growth relation, this paper suggests that the level of exclusion (a blend of multi-dimensional and mutually reinforcing processes of deprivation), aside from the social aspects, negatively affects economic growth (especially in the case of developed countries). However, it is not mainly about the interrelation between the phenomena but also about finding the channels that lead from exclusion to growth. Identifying them allows us to answer questions about the legitimacy of some recent efforts made in the European Union (EU) . The global crisis has contributed not only to a deterioration of the EU's economy and public finances, but concurrently to European citizens' quality of life. It is difficult to deal with all issues at the same time because there is potential conflict between the achievement of wider social objectives and the pursuit of prudent macroeconomic policy. Thus, after a discussion about current European policy in the field of poverty and social exclusion, some good examples of effective practises are also described.(original abstract)

Authors and Affiliations

Magdalena Tusińska

Keywords

Related Articles

Econometric analysis of selected factors of innovative companies activity in the polish economy

Today, a particularly important role in the functioning and development of enterprises plays innovation. This is understood as the ability to create innovative space capable to the creation and diffusion of innovation. N...

Pulse of economy. Identification, diagnosis, directions of development

Samuelson and Nordhaus (2012: 436) claim that "There is no pattern in the type formulas, the trajectory of the planets or swing of the pendulum, which would be used to predict the duration and timing of business cycles....

Unification of Economic Promotion in Małopolska Region as an Example of Institutional Coopetition

In recent years, regions have been increasingly promoted at the international level. It is reflected in actions taken by individual voivodships (Polish provinces), intensifying measures for attracting investment and prom...

Integration of Greek and Polish Equity Markets with the Euro Area Equity Market. Comparative Analysis

The aim of this article is to present the comparative analysis of integration of Greek and Polish equity markets with the Euro area equity market. The authors explain and analyze theoretical aspects and measures of inter...

International technology and innovation competitiveness of Poland as compared to other Central and Eastern European countries

The main objective of this paper is to compare how international competitiveness of the economies of the new European Union member states (the countries of Central and Eastern Europe, EU-10) has been formed at the beginn...

Download PDF file
  • EP ID EP214096
  • DOI -
  • Views 69
  • Downloads 0

How To Cite

Magdalena Tusińska (2016). Social exclusion - some targets and facts from the European Union and implications for economic growth. Central European Review of Economics and Finance, 14(4), 49-63. https://europub.co.uk./articles/-A-214096