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Contemporary Tendencies And Asymmetries In The E.U. Uneven Economic Growth And Global Growth Differences

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  • Iovitu Mariana

    (ASE, ASE)

Abstract

Being in the phase of searching for the best socio-economic recipe, Europe is facing two tendencies: economic revival and global growth differences. Both processes require subsequent management at a local, national and European level in order to reduce the socio-economic risks. Facts, arrangements and decisions with European consequences are unreeling, currently, heavy and slow due to the lack of cohesion between the European and the national interest. Economic politics form a European level, on currently relevant economic crisis, have an impact on social changes exacerbated by the resources crisis and the environment's critical state. The economic crisis's domino outcome overshadows the Europe's social and economic future, and will suffer. Currently, the conflict between national and community interest (trade and financial protectionism) generates tensions between European countries, creating "asymmetries regarding economic relaunch". Economic performance implications on the social ones are the basis for "operating trilemma" of the European economy. Balancing the budget, reducing the economic inequalities, the increase in the employment level , initially formulated in the Lisbon treaty, remain, further on, in actuality regarding the relaunching the European economy.

Suggested Citation

  • Iovitu Mariana, 2011. "Contemporary Tendencies And Asymmetries In The E.U. Uneven Economic Growth And Global Growth Differences," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(2), pages 98-102, December.
  • Handle: RePEc:ora:journl:v:1:y:2011:i:2:p:98-102
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    File URL: http://anale.steconomiceuoradea.ro/volume/2011/n2/012.pdf
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    More about this item

    Keywords

    globalization; economic growth; financial protectionism; unequal development; economic relaunch;
    All these keywords.

    JEL classification:

    • O0 - Economic Development, Innovation, Technological Change, and Growth - - General
    • F0 - International Economics - - General

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