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Aspects Concerning Economic And Social Factors Developments - An Assessment At The European Union Level

Author

Listed:
  • AILINCĂ, Alina Georgeta

    (Centre for Financial and Monetary Research “Victor Slăvescu”, Romanian Academy)

  • IORDACHE, Floarea

    (Centre for Financial and Monetary Research “Victor Slăvescu”, Romanian Academy)

Abstract

Global financial and economic crisis has dramatically changed the economic and social landscape of all world countries. In this context, economic factors and social variables have deteriorated even more and the interconditionality between them became increasingly stronger in the sense that the negative implications of economics have reflected more and more on the social domain. Thus, there was a dramatic decrease in the real GDP growth rate and an alarming and rapid growth of unemployment, a decline in the birth rate, a reduction of the employment, a deterioration in the level of education and training, an alarming increase of poverty, in a word, a "collapse" of all social life components. As the world has evolved rapidly to an increasingly deeper integration, through the globalization process, all economic and social progresses recorded until the crisis have been significantly reduced or even cancelled.

Suggested Citation

  • AILINCĂ, Alina Georgeta & IORDACHE, Floarea, 2013. "Aspects Concerning Economic And Social Factors Developments - An Assessment At The European Union Level," Studii Financiare (Financial Studies), Centre of Financial and Monetary Research "Victor Slavescu", vol. 17(4), pages 48-55.
  • Handle: RePEc:vls:finstu:v:17:y:2013:i:4:p:48-55
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    More about this item

    Keywords

    economic factors; social factors; evaluation;

    JEL classification:

    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration
    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure

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