THE INFLUENCE OF THE GDP CONVERSION RATE INTO GNI ON SOCIAL PROGRESS. COMPARATIVE ANALYSIS AT THE EU LEVEL
Journal Title: Challenges of the knowledge society ( Provocari ale societatii cunoasterii ) - Year 2019, Vol 11, Issue 13
Abstract
Gross Domestic Product per capita is one of the main and indispensable indicators around which official reports are built representing thusthe comparative macroeconomic outcomes across states, being considered also a benchmark for national wealth analysis and comparison. However, reality has shown that this results indicator, although one of the most popular and publicized macroeconomic variable, does not reflect a real and complete perspective on the economic and social situation of the citizens of the analyzed country. Proof of the viability of this outlook lies with the World Bank using GNI per capita in order to achieve annual hierarchization of savings in four groups (high income countries, upper middle-income countries, lower middle-income countries and lower income countries). This criterion was also adopted with the European Community in order to establish for each Member State the contribution to the Community’s budget as well as the contribution from VAT. Starting from these points of view and taking into account that, regardless of the level at which the economic activity takes place, the final goal must be the same - the satisfaction of the human needs in rational conditions - the present paper has two objectives: first to analyze comparatively , for the EU Member States, the share of GDP in GDP (per capita) and, secondly, to verify using empirical data the link between the rate of conversion and the social progress of these states. As a variable for measuring the quality of life, the reporting shall be made according to the Social Progress Index. This is because, in order to achieve the economic and social development objectives, financial resources are determinant but not enough - the human resources (and, implicitly, the educational system), the material and informative, along with qualitative aspects such as ethics and equity in the distribution of income represent also indispensable premises.
Authors and Affiliations
Elena Mihaela ILIESCU
Keywords
Related Articles
- EP ID EP591036
- DOI -
- Views 134
- Downloads 1
THE JUDICIAL TREATMENTN APPLICABLE TO INFRIGEMENT OF THE PROVISIONS ON SETTING AS CIVIL PART IN THE CRIMINAL TRIAL
The admissibility is the equivalent of the permissiveness of the law. A particular act may be prohibited by the law governing the procedure inside which it is performed, but the same approach can be allowed in other judi...
RATING THE LEGAL SYSTEM: A STEP CLOSER TO THE FUTURE?
Today we have almost everything at the tip of our fingers, or to be more precise, just one click away. Whether calling a cab, ordering food, making a reservation or booking a flight, you just have to log onto an online p...
THE EUROPEAN INVESTIGATION ORDER IN CRIMINAL MATTERS - GROUNDS FOR NON-RECOGNITION OR NON-EXECUTION
The European Investigation Order (EIO) is the newest mechanism for judicial cooperation in criminal matters. This instrument was laid out in the Directive 2014/41/EU of the European Parliament and of the Council of 3 Apr...
THE CONTRIBUTION OF THE ROMANIAN CONSTITUTIONAL COURT TO ESTABLISH THE RELATION BETWEEN THE RIGHT TO PROPERTY AND THE RIGHT TO A HEALTHY ENVIRONMENT
The present study aims to establish the relation between the right to property and the right to a healthy environment from the perspective of the jurisprudence of the Romanian Constitutional Court. The relation between t...
THE MEANING OF NATIONAL COURT IN ARTICLE 267 TFEU AND THE IMPORTANCE OF THE COURT’S INDEPENDENCE
The notion of “court or tribunal of a Member State” in Article 267 of the Treaty on the Functioning of the European Union has been given an autonomous meaning by the Court of Justice of the European Union (CJEU), resulti...