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Economic Transformation of European Union in the Context of Kondratieff Cycles

Author

Listed:
  • Marin Dinu
  • Marius Marinas

    (Academy of Economic Studies, Bucharest)

Abstract

The global economy of the twenty-first century is characterised by rapid changes which create both threats and opportunities. The biggest challenge for the european economy is to become sufficiently flexible so as to avail of the opportunities and surmount the threats. This requires, above all, reforming labour market and social policies. In this paper we analyse the evolutions of the european economy in relation with Kondratieff cycles, aspects tied to the influences between the objectives of the EU agenda and those supposed by the real Kondratieff cycle, perceptible at the global economy level. Particulary, we are concerned about the chances of an european construction to consolidate specific values corresponding to the strategic options of Lisabona Agenda, as a possible compatibility with the essential lines of the current Kondratieff cycle. Analysing the european economy by submodels seemed to us relevant to define the previsible directions of the evolution.

Suggested Citation

  • Marin Dinu & Marius Marinas, 2006. "Economic Transformation of European Union in the Context of Kondratieff Cycles," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 8(8(503)), pages 29-36, October.
    • Handle: RePEc:agr:journl:v:8(503):y:2006:i:8(503):p:29-36
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    Citations

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    Cited by:

    1. Ionut Jianu, 2020. "A comprehensive view of the manifestations of aggregate demand and aggregate supply shocks in Greece, Ireland, Italy and Portugal," Papers 2007.11439, arXiv.org.
    2. Ionuț JIANU, 2016. "A comprehensive view on the manifestations of aggregate demand and aggregate supply shocks in Greece, Ireland, Italy and Portugal," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(2(607), S), pages 207-224, Summer.
    3. Jianu, Ionuț, 2016. "A comprehensive view on the manifestations of aggregate demand and aggregate supply shocks in Greece, Ireland, Italy and Portugal," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 0(2 (607)), pages 207-224.
    4. Ionuț JIANU, 2016. "A comprehensive view on the manifestations of aggregate demand and aggregate supply shocks in Greece, Ireland, Italy and Portugal," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(2(607), S), pages 207-224, Summer.

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