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A Region of Welfare and a New Path for Europe

Author

Listed:
  • Constantin Schipor

    (University "Alexandru Ioan Cuza" Doctoral School of Economics and Business Administration)

Abstract

By 2020, the European Union, prefigures an economic and social system based on social and economic policy coordination in order to generate the growth for a sustainable development, for the level of employment and social cohesion. The challenges faced by the European Union are greater than before the recession and have a much broader area, starting with fundamental economic issues to social instability. This paper provides an overview of how the European social model should revive the economic system. The main hypothesis of the paper assumes that social market economy with valence in social responsibility can be a viable solution for the future of the European Union.

Suggested Citation

  • Constantin Schipor, 2015. "A Region of Welfare and a New Path for Europe," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 71-74, May.
    • Handle: RePEc:ovi:oviste:v:xv:y:2015:i:2:p:71-74
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    File URL: http://stec.univ-ovidius.ro/html/anale/RO/2015/i2/ANALE%20vol%2015%20issue_2_2015_site.pdf
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    More about this item

    Keywords

    welfare state; social market economy; economic crisis; austerity.;
    All these keywords.

    JEL classification:

    • F20 - International Economics - - International Factor Movements and International Business - - - General

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