IDEAS home Printed from https://ideas.repec.org/a/aic/revebs/y2011i8oprescur.html
   My bibliography  Save this article

Framing the European Union: The Status Quo Shift

Author

Listed:
  • Raluca OPRESCU

    (Academy of Economic Studies, Doctoral School of International Business and Economics, Bucharest, Romania)

Abstract

The paper aims to examine the current situation of EU from various perspectives and uphold that in order to move forward, EU first needs to change. The framework of this article is an imaginary snapshot of the European Union, based on which the colors, shadows, objects in the picture are observed. By adjusting the “focal distance” depending on the degree of depth of the analysis, the main goal is to break down into components the whole image and assess the overall status quo. Using exploratory research based on qualitative methods, the article seeks answers to the following questions: “Does the present image of EU indicates the necessity of a metamorphosis? What could be EU’s motivation for changing?” Europe’s snapshot doesn’t reveal a homogeneous “chromatic spectrum” as the screen capture is rather sprinkled with budget deficits, high unemployment rates in peripheral countries and it pinpoints that EU is still the “community of multiple speeds”.

Suggested Citation

  • Raluca OPRESCU, 2011. "Framing the European Union: The Status Quo Shift," Review of Economic and Business Studies, Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, issue 8, pages 299-308, December.
    • Handle: RePEc:aic:revebs:y:2011:i:8:oprescur
    as

    Download full text from publisher

    File URL: http://rebs.feaa.uaic.ro/articles/pdfs/121.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Felix Roth & Felicitas Nowak-Lehmann D. & Thomas Otter, 2022. "Has the Financial Crisis Shattered Citizens’ Trust in National and European Governmental Institutions? Evidence from the EU Member States, 1999–2010," Contributions to Economics, in: Public Support for the Euro, chapter 0, pages 187-217, Springer.
    2. Valentin COJANU, 2010. "A strategic and operational view of competitiveness and cohesion in the European context," Eastern Journal of European Studies, Centre for European Studies, Alexandru Ioan Cuza University, vol. 1, pages 153-168, June.
    3. Dabrowski, Marek, 2010. "The global financial crisis: Lessons for European integration," Economic Systems, Elsevier, vol. 34(1), pages 38-54, March.
    4. del Campo, Cristina & Monteiro, Carlos M.F. & Soares, Joao Oliveira, 2008. "The European regional policy and the socio-economic diversity of European regions: A multivariate analysis," European Journal of Operational Research, Elsevier, vol. 187(2), pages 600-612, June.
    5. repec:bla:econom:v:67:y:2000:i:267:p:307-24 is not listed on IDEAS
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Niembro, Andrés & Calá, Carla Daniela, 2024. "Regional structural change in Argentina (1996-2019): Concepts, measurements and unequal trajectories over the business cycle," Nülan. Deposited Documents 4106, Universidad Nacional de Mar del Plata, Facultad de Ciencias Económicas y Sociales, Centro de Documentación.
    2. Goletsis, Y. & Chletsos, M., 2011. "Measurement of development and regional disparities in Greek periphery: A multivariate approach," Socio-Economic Planning Sciences, Elsevier, vol. 45(4), pages 174-183, December.
    3. Ziru Feng & Tian Cai & Kangli Xiang & Chenxi Xiang & Lei Hou, 2019. "Evaluating the Impact of Fossil Fuel Vehicle Exit on the Oil Demand in China," Energies, MDPI, vol. 12(14), pages 1-18, July.
    4. Felix Roth & Lars Jonung & Felicitas Nowak-Lehmann D., 2022. "The Enduring Popularity of the Euro throughout the Crisis," Contributions to Economics, in: Public Support for the Euro, chapter 0, pages 169-185, Springer.
    5. Criste, Adina & Mosneanu, Elena Ana, 2009. "Effects Induced By The Global Economic And Financial Crisis In The New Eu Member States," Studii Financiare (Financial Studies), Centre of Financial and Monetary Research "Victor Slavescu", vol. 13(4), pages 154-161.
    6. Roth, Felix & Gros, Daniel & Nowak-Lehmann D., Felicitas, 2012. "Has the financial crisis eroded citizens' trust in the European Central Bank? Panel data evidence for the Euro area, 1999-2011," University of Göttingen Working Papers in Economics 124, University of Goettingen, Department of Economics.
    7. Rughoo, Aarti & Sarantis, Nicholas, 2014. "The global financial crisis and integration in European retail banking," Journal of Banking & Finance, Elsevier, vol. 40(C), pages 28-41.
    8. Pawlas Iwona, 2017. "Regional Disparities in Development – The Case of Poland," Economic and Regional Studies / Studia Ekonomiczne i Regionalne, Sciendo, vol. 10(3), pages 17-31, September.
    9. Ginanjar Dewandaru & Rumi Masih & Mansur Masih, 2018. "Unraveling the Financial Contagion in European Stock Markets During Financial Crises: Multi-Timescale Analysis," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 54(4), pages 859-880, March.
    10. Massimo Aria & Giuseppe Lucio Gaeta & Ugo Marani, 2019. "Similarities and Differences in Competitiveness Among European NUTS2 Regions: An Empirical Analysis Based on 2010–2013 Data," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 142(1), pages 431-450, February.
    11. Poghosyan, Tigran, 2011. "Slowdown of credit flows in Jordan in the wake of the global financial crisis: Supply or demand driven?," Economic Systems, Elsevier, vol. 35(4), pages 562-573.
    12. Zafirakis, D. & Chalvatzis, K. & Kaldellis, J.K., 2013. "“Socially just” support mechanisms for the promotion of renewable energy sources in Greece," Renewable and Sustainable Energy Reviews, Elsevier, vol. 21(C), pages 478-493.
    13. Artjoms Ivlevs & Timothy Hinks, 2015. "Global economic crisis and corruption," Public Choice, Springer, vol. 162(3), pages 425-445, March.
    14. Bursian, Dirk & Faia, Ester, 2018. "Trust in the monetary authority," Journal of Monetary Economics, Elsevier, vol. 98(C), pages 66-79.
    15. ŢURLEA, Eugeniu & ŞERBAN, Mihaela & ALBERT, Valeria Maria, 2011. "The Absorption Of European Funds For The Romanian Environmental Sector," Annals of Spiru Haret University, Economic Series, Universitatea Spiru Haret, vol. 2(3), pages 11-17.
    16. Ansgar Belke & Christian Dreger, 2011. "Ramifi cations of Debt Restructuring on the Euro Area – The Example of Large European Economies’ Exposure to Greece," Ruhr Economic Papers 0273, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.
    17. Dewandaru, Ginanjar & Masih, Rumi & Masih, A. Mansur M., 2016. "What can wavelets unveil about the vulnerabilities of monetary integration? A tale of Eurozone stock markets," Economic Modelling, Elsevier, vol. 52(PB), pages 981-996.
    18. Mourouzidou-Damtsa, Stella & Milidonis, Andreas & Stathopoulos, Konstantinos, 2019. "National culture and bank risk-taking," Journal of Financial Stability, Elsevier, vol. 40(C), pages 132-143.
    19. Carayannis, Elias G. & Grigoroudis, Evangelos & Wurth, Bernd, 2022. "OR for entrepreneurial ecosystems: A problem-oriented review and agenda," European Journal of Operational Research, Elsevier, vol. 300(3), pages 791-808.
    20. Güneş Kamber & Christoph Thoenissen, 2013. "Financial Exposure and the International Transmission of Financial Shocks," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 45(s2), pages 127-158, December.

    More about this item

    Keywords

    economic integration; the core-periphery model; European Single Market; uneven development; regional competitiveness;
    All these keywords.

    JEL classification:

    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe
    • R50 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aic:revebs:y:2011:i:8:oprescur. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sireteanu Napoleon-Alexandru (email available below). General contact details of provider: https://edirc.repec.org/data/feaicro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.