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Convergence Evaluation In The Context Of Epsr Through Cluster Analysis

Author

Listed:
  • Polya Angelova

    (The D.A. Tsenov Academy of Economics – Svishtov, Bulgaria)

  • Tihomir Varbanov

    (The D.A. Tsenov Academy of Economics – Svishtov, Bulgaria)

Abstract

Improving citizens’ labour and social rights along with their guaranteeing are a major objective of the European Pillar of Social Rights (EPSR). In the current paper the state of the European social space is explored on the ground of the three summarizing groups of indicators that characterize the principles of the EPSR – equal opportunities and access to labour market, fair working conditions and social protection and inclusion. Cluster analysis is applied for distinguishing homogeneous groups of countries and the factors with main contribution for their composing are identified. Bulgaria’s positioning is established and recommendations are made for improving the social rights in the country.

Suggested Citation

  • Polya Angelova & Tihomir Varbanov, 2020. "Convergence Evaluation In The Context Of Epsr Through Cluster Analysis," Economic Science, education and the real economy: Development and interactions in the digital age, Publishing house Science and Economics Varna, issue 1, pages 58-69.
  • Handle: RePEc:vrn:cfdide:y:2020:i:1:p:58-69
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    More about this item

    Keywords

    European Pillar of Social Rights; cluster analysis; convergence;
    All these keywords.

    JEL classification:

    • C10 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - General
    • C38 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Classification Methdos; Cluster Analysis; Principal Components; Factor Analysis
    • I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs

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