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A New Way for Europe through the Damage Control.

Authors :
Schipor, Constantin
Source :
Ovidius University Annals, Series Economic Sciences; 2016, Vol. 16 Issue 2, p55-60, 6p
Publication Year :
2016

Abstract

The construction of a European social economic model becomes impetuous necessary because in the recent years the middle class of society was eroded significantly. Now more than ever, the authorities need to develop a viable strategy to contain structural and functional elements of a European social economic model. Based on the four models we have foreshadowed in our research the socio-economic policy mix that can build a strong and sustainable economy, which meet the requirements of the European social model. Information extracted from the article is useful because it indicates the direction to be taken into account to optimize the "welfare state" of the other European social models. In this regard it should be considered efficient labor market, develop social protection only for deprived people and nominal wage growth, and hence the real one. Only this way can lead to a social welfare state sustainable in all the evolution stages. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
23933127
Volume :
16
Issue :
2
Database :
Complementary Index
Journal :
Ovidius University Annals, Series Economic Sciences
Publication Type :
Academic Journal
Accession number :
121978819