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The common good from an economic perspective: Insights from EU policies during the COVID-19.

Authors :
Szypulewska-Porczyńska, Alina
Zduńska-Leseux, Edyta
Horodecka, Anna
Source :
International Journal of Management & Economics; Jun2024, Vol. 60 Issue 2, p123-131, 9p
Publication Year :
2024

Abstract

This paper delves into the diverse conceptualizations of the "common good" within the economic discourse and scrutinizes their implications for European integration during the pressing COVID-19 pandemic. Employing a comprehensive literature review, policy analysis, and case study examination, it explores the manifestations of the common good in the context of European Union policies. Two key interpretations emerge from our investigation: the first presents the common good as an ultimate objective, seeking a balance between individual and collective interests achieved via adept economic governance; the second considers it a continuous process underpinned by the principles that direct the journey toward such a balance. Our findings reveal that the EU's response to the COVID-19 crisis led to shifts in fiscal policies and innovation strategies. The research outcomes demonstrate a marked transition in the EU's approach, with a stronger focus on social welfare, environmental sustainability, and collective well-being. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
22999701
Volume :
60
Issue :
2
Database :
Complementary Index
Journal :
International Journal of Management & Economics
Publication Type :
Academic Journal
Accession number :
177779370
Full Text :
https://doi.org/10.2478/ijme-2024-0006