Artikel

Economic Crisis and Economic Disparities in European Union

The impact of the economic and financial crisis is still being felt. It started as an acute crisis of the banking system, but then quickly affected the real economy, causing a substantial slump in business investment, household demand and output. The current economic crisis has affected almost all European countries but the countries of the European south and the former eastern socialist republics have suffered the most. The objective in this paper is to quantify economic disparities as expressed by several growth indicators, such as GDP per capita, employment/unemployment rates, labour productivity rates and use them to compare the economic performances before and after the crisis. EU took several measures to recover from the economic crisis. Nevertheless, its ability to adjust to widely diverse national and local contexts that have been impacted differently by the effects of the crisis, and to support the different patterns of economic growth that will result from it, is yet to be seen.

Language
Englisch

Bibliographic citation
Journal: CES Working Papers ; ISSN: 2067-7693 ; Volume: 7 ; Year: 2015 ; Issue: 2a ; Pages: 420-433 ; Iasi: Alexandru Ioan Cuza University of Iasi, Centre for European Studies

Classification
Wirtschaft
Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
Subject
Economic disparities
Economic and financial crisis
GDP per capita
labor productivity
employment rate
unemployment

Event
Geistige Schöpfung
(who)
Crudu, Rodica
Event
Veröffentlichung
(who)
Alexandru Ioan Cuza University of Iasi, Centre for European Studies
(where)
Iasi
(when)
2015

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Artikel

Associated

  • Crudu, Rodica
  • Alexandru Ioan Cuza University of Iasi, Centre for European Studies

Time of origin

  • 2015

Other Objects (12)