CONVERGENCE EVALUATION IN THE CONTEXT OF EPSR THROUGH CLUSTER ANALYSIS

Polya Angelova () and Tihomir Varbanov ()
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Polya Angelova: The D.A. Tsenov Academy of Economics – Svishtov, Bulgaria
Tihomir Varbanov: The D.A. Tsenov Academy of Economics – Svishtov, Bulgaria

Economic Science, education and the real economy: Development and interactions in the digital age, 2020, issue 1, 58-69

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.

Keywords: European Pillar of Social Rights; cluster analysis; convergence (search for similar items in EconPapers)
JEL-codes: C10 C38 I38 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:vrn:cfdide:y:2020:i:1:p:58-69

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