Challenges and economic adjustment policies in the EU
Journal Title: ACCESS: Access to science, business, innovation in the digital economy - Year 2022, Vol 3, Issue 2
Abstract
The following article focuses on the uncertainties and economic adjustment policies in the EU. The author explores the balance between uncertainty and speed of economic adjustment policies as well as practical factors that influence political stability in the EU. Certain factors, such as unemployment, the level of tax, growth in incomes and inflation are examined as being essential for the provision of economic stability within the EU. Special attention is paid to the ongoing sanctions introduced against Russia due to its aggression in Ukraine, which can be labelled as “economic war”. It is argued that the ensued refugee crisis may also largely affect economic stability of the EU countries as well as the whole architecture of European security. Moreover, Russia’s behavior in the EU neighborhood has manifested that political stability is of crucial importance for the economy of the EU members since instability in a neighboring country, for example in Ukraine is apt to provoke repercussions for the EU as a whole. It is stated that the effective economic development and political stability, being the main objectives of the European Union, can be achieved only if the EU politicians thoroughly consider the factors hindering the development of EU member states in terms of legislation, security policy, welfare and economic determinants.
Authors and Affiliations
Giga ABUSERIDZE, Inga PALIANI-DITTRICH, Moris SHALIKASHVILI, Vitolds ZAHARS
Keywords
Related Articles
- EP ID EP704585
- DOI 10.46656/access.2022.3.2(4)
- Views 67
- Downloads 0
Employees discrimination issues based on the statistical analysis using SPSS (Case of Georgia, Republic of)
Every single person has right to work in a free and fair environment. But unfortunately, there are some cases all over the world which show that the situation in the workplaces is opposite. There are different types of d...
Analysis of the international experience of implementing blockchain technology
Background: Today, blockchain technology is of interest in both the technology and business sectors. The information technology industry is developing very rapidly in our time, and new technologies appear so often that s...
Human capital of Polish and Ukrainian enterprises in the volatile economic environment
The monograph HUMAN CAPITAL OF POLISH AND UKRAINIAN ENTERPRISES IN THE VOLATILE ECONOMIC ENVIRONMENT submitted for review is an interesting and valuable study which in a complex and in-depth manner deals with the ques...
Scientific enquiry into the flat social media innovation based modeling of flat social entrepreneurship for economic and non-economic opportunities
Flat Social Entrepreneurship is an innovation of modelling in the field of social entrepreneurship evolvedas the innovation of technology and flat social Medias used in daily life of an individual or an organization.Inno...
Difficulties in managing diversity in Georgian educational organizations
The twenty-first century can be boldly called the century of globalization. In the process of globalization, the study of the differences between the peoples of different countries, based on the study of labour diversity...