THE WELFARE AND THE ECONOMIC GROWTH: TWO FACES OF THE SAME COIN

Alina Dumitrescu

Global Economic Observer, 2015, vol. 3, issue 2, 116-123

Abstract: The research starts with review of the evolution of the concept of welfare. The model of economic growth and social welfare of the European Union continuously adapts to social and economic changes of contemporary European society. As a result of the financial and economic crisis and its impact on the EU’s economy, including economic contraction and rising unemployment, European Commission has launched the Strategy “Europe 2020”. The study will focus on the analysis of the strategy “Europe 2020” as a tool for economic growth and welfare.

Keywords: welfare; growth; reform; strategy; model; employment. (search for similar items in EconPapers)
JEL-codes: D6 I38 P51 (search for similar items in EconPapers)
Date: 2015-11
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Persistent link: https://EconPapers.repec.org/RePEc:ntu:ntugeo:vol3-iss2-15-116

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