Opportunities and threats of socio-economic development: application of composite index to the EU NUTS 2 regions

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F19%3A10243723" target="_blank" >RIV/61989100:27510/19:10243723 - isvavai.cz</a>

Result on the web

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DOI - Digital Object Identifier

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Result language

angličtina

Original language name

Opportunities and threats of socio-economic development: application of composite index to the EU NUTS 2 regions

Original language description

Research background: The 2007-2008 economic and financial crisis struck in turn several interconnected economies across the world, revealing the underlying problems of the global economy. The subsequent economic crisis strongly affected European states, revealing the structural weaknesses of the common policy framework. The uneven geographical development pattern, an inherent characteristic of socio-economic development, has prevented the achievement of convergence objectives in the European integration framework. Purpose of the article: Thus, the current economic crisis has exacerbated the preexisting disparities and conflicts between the European North and South and contributed to the development of different crisis symptoms. Both the depth and duration of the crisis differ among the countries. The purpose of this study is to introduce evaluation of socio-economic development convergence and divergence trends, challenges and prospects among the EU countries in the context cohesion. Methods: The aim of this study is to propose original methodology for assessing development of regions based on the construction of own composite index calcu-lated from selected indicators in the EU Cohesion reports. The main is to assess socio-economic dimension of cohesion and spatial inequalities in NUTS 2 regions of the EU Member States during the reference period 2000-2017. Findings &amp; Value added: Findings contain features of typology premises of the EU28 and point to a large diversity in inequality patterns, as authors observe both increases and decreases in spatial inequalities at the EU level. Recent changes in inequalities have been associated with the impacts of economic and financial cri-ses. Additionally the development challenges are discussed for improvement of the socio-economic well-being of the EU and to avoid or minimize disparities.

Czech name

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Czech description

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Type

D - Article in proceedings

CEP classification

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OECD FORD branch

50202 - Applied Economics, Econometrics

Project

Result was created during the realization of more than one project. More information in the Projects tab.

Continuities

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Publication year

2019

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection

Proceedings of the International Conference on Applied Economics : Quantitative Methods : Toruň, Poland, 27-28 June 2019

ISBN

978-83-65605-13-9

ISSN

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e-ISSN

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Number of pages

10

Pages from-to

155-164

Publisher name

Institute of Economic Research

Place of publication

Toruń

Event location

Toruň

Event date

Jun 27, 2019

Type of event by nationality

EUR - Evropská akce

UT code for WoS article

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