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The Welfare And The Economic Growth: Two Faces Of The Same Coin

Author

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  • ALINA LIGIA DUMITRESCU

    (Center for European Studies, Institute for World Economy, Romanian Academy, Calea 13 Septembrie No.13, ROMANIA)

Abstract

The research starts with review of the evolution of the concept of welfare. The model of economic growth and social welfare of the European Union continuously adapts to social and economic changes of contemporary European society. As a result of the financial and economic crisis and its impact on the EU’s economy, including economic contraction and rising unemployment, European Commission has launched the Strategy “Europe 2020”. The study will focus on the analysis of the strategy “Europe 2020” as a tool for economic growth and welfare.

Suggested Citation

  • Alina Ligia Dumitrescu, 2015. "The Welfare And The Economic Growth: Two Faces Of The Same Coin," Global Economic Observer, "Nicolae Titulescu" University of Bucharest, Faculty of Economic Sciences;Institute for World Economy of the Romanian Academy, vol. 3(2), pages 116-123, November.
    • Handle: RePEc:ntu:ntugeo:vol3-iss2-15-116
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    References listed on IDEAS

    as
    1. Scharpf, Fritz W., 2002. "The European Social Model: Coping with the challenges of diversity," MPIfG Working Paper 02/8, Max Planck Institute for the Study of Societies.
    2. André Sapir, 2006. "Globalization and the Reform of European Social Models," Journal of Common Market Studies, Wiley Blackwell, vol. 44(2), pages 369-390, June.
    3. Fritz W. Scharpf, 2002. "The European Social Model," Journal of Common Market Studies, Wiley Blackwell, vol. 40(4), pages 645-670, November.
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    More about this item

    Keywords

    welfare; growth; reform; strategy; model; employment.;
    All these keywords.

    JEL classification:

    • D6 - Microeconomics - - Welfare Economics
    • I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs
    • P51 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - Comparative Analysis of Economic Systems

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