Strategic analysis of welfare indicators in EU member states that joined EU after 2004 during 2015–2021
2023
Kaposzta, Jozsef | Lorinc, Balazs
In today’s economic analyses, welfare factors, which include the soft factors of competitiveness, play an increasingly important role. The reduction of social and economic inequalities and the fight against poverty are key factors in the economic strategies of countries, as social development is one of the foundations for the expansion of these factors. This makes the topic of territorial, economic and social inequality an important and topical one, which has been examined from many different perspectives over the past decades. Nevertheless, a uniformly accepted methodology for analysis across all countries has not yet been developed in the European Union. The main hypothesis of our study is that the growth of economic performance in countries is most favourable where social factors provide optimal conditions for development. Taking the conceptual framework of territorial inequality and unequal development as a starting point, our research has carried out a specific income inequality analysis between 2015 and 2021 of the countries that joined the European Union after 2004. In our analysis, we have included in our inequality model the “persons at risk of poverty or social exclusion”, the “income quintile share ratio (S80/S20) for gross total disposable income” and the specially constructed values of the “GINI index”. Our research has shown that social competitiveness factors can play a much more complex role than expected in shaping a country’s national strategy, and that the differentiating effects of these “soft factors” can be crucial in reducing territorial disparities.
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Publisher Latvia University of Life Sciences and Technologies
ISSN 1691-5976This bibliographic record has been provided by Fundamental Library of Latvia University of Life Sciences and Technologies