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The Challenges of Inclusive Growth

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  • Alina Ligia Dumitrescu

Abstract

Although the disparities on the levels of development and the living standards among the Member States, the European Commission considers that the proposed Strategy "Europe 2020" is an incentive to overcome the post-crisis economic difficulties, to stabilize the financial sector and the banking community and to face the intensification of the globalization challenges. The inclusive growth, which is a key concept in the strategy "Europe 2020", requires a model based on a high level of employment of the workforce, that is ensuring the economic, social and territorial cohesion. In the EU strategy, the inclusive growth means: increasing the employment rate in the EU by more and better paid jobs, especially for women, young and older workers, supporting the unemployed to find a job through investment in skills and training, modernizing labor markets and social protection systems, meeting the fundamental objective which assumes that all citizens should benefit of the results of economic growth.

Suggested Citation

  • Alina Ligia Dumitrescu, 2016. "The Challenges of Inclusive Growth," Revista de Economie Mondiala / The Journal of Global Economics, Institute for World Economy, Romanian Academy, vol. 8(1).
  • Handle: RePEc:iem:journl:v:8:y:2016:id:2822000009562195
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    File URL: http://www.iem.ro/rem/index.php/REM/article/view/250/315
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