Artykuł w czasopiśmie
Brak miniatury
Licencja

ClosedAccessDostęp zamknięty

The EU's Socio-economic Development Against the Backdrop of the War in Ukraine

Autor
Rana, Umair Ashraf
Gherghina, Ștefan Cristian
Mata, Mário Nuno
Boichenko, Kateryna
Data publikacji
2023
Abstrakt (EN)

The war in Ukraine affects the European Union (EU) member states asymmetrically. The purpose of the study is todetermine changes in the development of the EU countries in three key directions: ‘economy and environment’, ‘busi-ness and trade’, and ‘people and work’; to identify clusters of countries with similar transformations; and to model theimpact of the studied indicators on the level of public debt amid the war in Ukraine. The research methodology inclu-des the definition of a complex indicator of changes in the socio-economic development of EU countries, correlationand cluster analysis, and modelling the influence of the studied factors/indicators on the level of public debt. Researchof changes in the context of the proposed complex indicators and their components under conditions of war showedthat the changes in the areas under review varied for EU countries. Against the backdrop of the war in Ukraine, 17 EUcountries faced a slowdown in their socio-economic growth, among which Poland was the most severely affected.Modelling made it possible to determine that, amid the war, the most important factors for the EU public debt areinflation, labour market conditions, and the possibilities of the balance of payments and the international investmentposition incorporated into GDP. The conducted research proves that the war in Ukraine increases the scale and rele-vance of general challenges that cannot be addressed at the national level. Strengthening the European defenceagainst external aggression is the entire task of the EU.

Dyscyplina PBN
ekonomia i finanse
Czasopismo
Central European Economic Journal
Tom
10
Zeszyt
57
Strony od-do
72-89
Licencja otwartego dostępu
Dostęp zamknięty