SCENARIOS OF ECONOMIC DEVELOPMENT IN EUROPE
Liliana Duguleana (),
Constantin Duguleană () and
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Steliana Busuioceanu: Transilvania University from Braşov
Management & Marketing, 2013, vol. 8, issue Special-Issue, pages 177-182
The paper presents an interesting analysis of the future economic development of EU countries, offering in the same time some comparisons with USA. Starting with an analysis of the annual dynamic rates of GDP for the EU countries, during 2000-2012, there are identified two periods which are important to consider them for scenarios of Strategy Europe 2020. The trajectories of future economic development until 2015 are extrapolated considering the average dynamic rates both for the period 2002-2007 also for 2002-2008. There are obtained two trajectories: an optimistic one based on average dynamic rate of the period 2002-2007 and a less optimistic the other based on the average dynamic rate during 2002-2008. An analysis of the relative positions of the countries depending on their GDP per capita and their development potential shows which scenario will be viable for the EU development until 2015.
Keywords: Strategy Europe 2020; sustainable development; scenarios of development; GDP; GDP per capita; dynamic mean annual rate. (search for similar items in EconPapers)
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Persistent link: http://EconPapers.repec.org/RePEc:eph:journl:v:8:y:2013:i:special-issue:p:177-182
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