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REGIONAL DISTRIBUTION OF THE RISK OF POVERTY ACROSS THE EUROPEAN UNION.

Authors :
IONESCU, ROMEO-VICTOR
Source :
Economics, Management & Financial Markets; Mar2014, Vol. 9 Issue 1, p175-181, 7p, 3 Charts, 3 Graphs
Publication Year :
2014

Abstract

Despite the fact that an important target of the EU27 is the socioeconomic cohesion, the global crisis forced the increase of the poverty rate across the Member States. The paper deals with the idea that the disparities connected to the poverty rate increased and the European Cohesion Policy is not able to find solutions to face this negative trend. The analysis is based on the latest official statistical data and is followed by pertinent statistic tables and diagrams. A distinct part of the paper deals with a forecast connected to the poverty rate for the next two years. There are at least two obvious conclusions of this analysis. First of them is that the EU27 is not able to face the global crisis' challenges and is far away from a solid socio-economic recovery process. The second conclusion is that the risk of poverty will increase especially in the latest Member States. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
18423191
Volume :
9
Issue :
1
Database :
Complementary Index
Journal :
Economics, Management & Financial Markets
Publication Type :
Academic Journal
Accession number :
95505249