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Inclusive Society as a Necessary Condition for Knowledge-Based Competitiveness in the European Union

Author

Listed:
  • Anita Pelle

    (University of Szeged, Hungary)

  • Renáta Laczi

    (University of Szeged, Hungary)

Abstract

The latest growth strategy of the European Union, the Europe 2020, represents a new approach towards economic growth. From our point of view the most important innovation of the strategy is that, beside intelligent and sustainable growth, it sets out the establishment of an inclusive society as one of its priorities. We believe that member states’ competitiveness is a key factor of their economic growth. For that reason, we included the World Economic Forum’s Global Competitiveness Index in our analysis to find the relationship between competitiveness and an inclusive society. We investigate the eu member states’ performance on country group level, and then we set up an inclusive indicator based on the main components of the inclusive pillar of the Europe 2020 strategy. Our findings suggest that an inclusive society is one of the necessary conditions for economic prosperity.

Suggested Citation

  • Anita Pelle & Renáta Laczi, 2015. "Inclusive Society as a Necessary Condition for Knowledge-Based Competitiveness in the European Union," Managing Global Transitions, University of Primorska, Faculty of Management Koper, vol. 13(4 (Winter), pages 307-329.
    • Handle: RePEc:mgt:youmgt:v:13:y:2015:i:4:p:307-329
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    File URL: http://www.fm-kp.si/zalozba/ISSN/1581-6311/13_307-329.pdf
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    References listed on IDEAS

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    1. Dani Rodrik, 2007. "Introductiion to One Economics, Many Recipes: Globalization, Institutions, and Economic Growth," Introductory Chapters, in: One Economics, Many Recipes: Globalization, Institutions, and Economic Growth, Princeton University Press.
    2. Benhabib, Jess & Spiegel, Mark M., 1994. "The role of human capital in economic development evidence from aggregate cross-country data," Journal of Monetary Economics, Elsevier, vol. 34(2), pages 143-173, October.
    3. Anita Pelle, 2013. "The European Social Market Model in Crisis: At a Crossroads or at the End of the Road?," Social Sciences, MDPI, vol. 2(3), pages 1-16, July.
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    Cited by:

    1. Sarolta Somosi & Eszter Megyeri, 2022. "A Moving Target: Changing Priorities in the Energy Policy of the European Union," International Journal of Energy Economics and Policy, Econjournals, vol. 12(4), pages 542-552, July.
    2. Argatu Ruxandra & Păunescu Carmen, 2019. "Romania and its poverty-alleviating competitiveness: a Central and Eastern European outlook," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 13(1), pages 435-447, May.

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    More about this item

    Keywords

    society; education; economy; knowledge;
    All these keywords.

    JEL classification:

    • I25 - Health, Education, and Welfare - - Education - - - Education and Economic Development
    • I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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