Measuring the Progress in Realizing the Strategy “Europe 2020” in 2010-2016 in 28 European Union Member States (original) (raw)
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Quality & Quantity, 2016
The European Union (EU), striving to create economic dominance on the global market, has prepared a comprehensive development programme, which initially was the Lisbon Strategy and then the Strategy Europe 2020. The attainment of the strategic goals included in the prospective development programmes shall transform the EU into the most competitive economy in the world based on knowledge. This paper presents a statistical evaluation of progress being made by EU member states in meeting Europe 2020. For the basis of the assessment, the authors proposed a general synthetic measure in dynamic terms, which allows to objectively compare EU member states by 10 major statistical indicators. The results indicate that most of EU countries show average progress in realisation of Europe's development programme which may suggest that the goals may not be achieved in the prescribed time. It is particularly important to monitor the implementation of Europe 2020 to arrive at the right decisions which will guarantee the accomplishment of the EU's development strategy.
Review of European Studies, 2020
In this paper, an analysis of the Europe 2020 strategy indicators has been carried out. The strategy defined three priorities for European countries: Smart, Inclusive and Sustainable growth. These goals (developing an economy based on knowledge and innovation, fostering high employment levels, and promoting a more resource-efficient and greener economy) were measured by eight headline indicators, related to employment, research and innovation, renewables and energy, education and poverty. For each indicator, a target has been set, and the eight indicators are subject to regular statistical monitoring and reporting. Europe 2020 is perhaps not a complete set of indicators for measuring the progress of societies and the quality of life of their citizens, but it is a very important recognition of European institutions that GDP alone is not enough and that it must necessarily be integrated with measures that take into account equity and sustainability. The paper analyses the trends of the Europe 2020 indicators, considering the target reached or not, synthesizing the results using an Alkire-Foster method and clustering the 27 European countries, in order to highlight convergence processes among the Member States (MSs) in the ten years taken into account by the Strategy. After almost10 years, the EU has not reached most of the targets set in 2010, and many MSs are well behind schedule.
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Since 2010, the European Union countries have been implementing the objectives of the Europe 2020 Strategy aimed at smart, sustainable, and inclusive growth. The Strategy formulates nine indicators that are systematically monitored and assessed. Not all the indicators of the Europe 2020 Strategy could be used in the analysis in a direct way. Due to the limited availability and comparability of statistical data, this problem is presented in detail in part 2 of the article. The assessment of the achievement level of the Europe 2020 Strategy targets, both at the level of the entire European Union (the EU-level targets approach) and its individual Member States (the national-level targets approach) is the primary research purpose of the study. The composite index proposed and constructed on the basis of a dynamic relative taxonomy was used in the conducted research to present the diversified distance of the individual European Union countries in relation to the EU-level targets as well ...
Measuring Europe 2020: a new tool to assess the strategy
International Journal of Innovation and Regional Development, 2012
This paper aims at analysing the performances of the EU member states in the Europe 2020 Strategy and understanding the main factors of success. It builds on the Europe 2020 Index developed in Pasimeni (2011) to quantify and measure progress achieved by the twenty-seven countries in pursuing the objectives of the strategy and extends the calculation of the index to seven years. The results suggest that institutional factors are more relevant than macroeconomic indicators of public finances, such as GDP growth, levels of government debt and deficit, as success factors in the strategy. This applies to both formal institutions, such as good governance, rule of law, and control of corruption, as well as informal ones, such as social capital. This analysis has been conducted at national level; a regional breakdown of the data would enhance its validity. From a policy perspective, these findings suggest that the current emphasis on public accounts as the main criteria to define structural reforms could be enhanced including a broader focus on institutions.
Comparative Economic Research, 2018
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MPRA Paper, 2018
The challenges faced by the EU and implicitly the European model of development are both new and complex. Achieving the Europe 2020 objectives can be a key point in the future decision and can offer the oportunity to analize the sustainability of the economic development model. Considering the failure of the Lisbon Strategy, the European Commission proposed for 2020 the achievement of five measurable objectives which refers to: employment, research and innovation, climate change, energy, education and the fight against poverty. This paper try to analyze the socioeconomic performances of the European Union' submodels, and the possibility that the submodels achieve the goales of Europa 2020 Strategy.
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Procedia Economics and Finance, 2014
The European Union has been passing a complicated period over the last years. The EU economy lags behind its own development goals as well as, behind the results achieved by its economic partners and competitors -USA and Japan. Due to lower competitiveness in the international market environment, the persisting or even expanding problems on the domestic labor markets are evident. Many EU countries demonstrate relatively high unemployment which leads to weakening the income situation of households and strengthening the social tension in society. Particularly worrying is situation of young graduates and also people approaching retirement age and seniors. In context of such arguments, the strategy for perspective development of the EU -the strategic document Europe2020 -has been proposed. Its key objective is to strengthen the economic competitiveness of the European Union, its member countries and particularly the competitiveness of its firms. It is expected that the Europe 2020 objectives will create favorable environment for reducing the social tension across the EU countries and finally lead to the better life of majority of its citizens. All the EU2020 goals are difficult. To achieve them it is necessary to identify precisely the current positions of individual countries and their distances from these ambitious goals in order to select the optimal strategies to their fulfillment. Our paper aims to contribute to identification of the current competitiveness position of the EU and its member states in international market environment and to estimate the chances for achieving the EUROPE 2020 strategic goals.
The Romanian Statistical Review, 2015
In the framework of Europe 2020 strategy for smart, sustainable and inclusive growth, economic, social and territorial cohesion plays an important role in (re)shaping Europe and recover from the financial crisis. In this context, and taking into account recent growth related theories, in this paper we intend to identify disparities among different European regions and countries. Thus, we analyse for the year 2010 the extent to which regional development of EU-27 member states measured through the cohesion policies indicators is similar to the development of EU-27 member states, as defined by the Europe 2020 strategy, in order to identify regional and inter-country disparities. The results show a disparate Europe, both within countries and among member states, highlighting the need of long-term reforms, such as the reformed Cohesion Policy for the programming period 2014-2020, with focus on growth and jobs, to be reflected at national level and in line with the vision and strategy of...
Review of Economic and Business Studies
Eight indicators corresponding to the targets of "Europe 2020" Strategy were used to estimate the deviation of EU Member-States from their targets. The study showed that: i) the distance to the employment target of 75 % of people aged 20-64 years has narrowed, ii) the expenditure for R&D as a percentage of GDP are still below the target of 3%, iii) the reduction of greenhouse gas emissions in ESD sectors by 20 % compared to 1990 levels are still below the target, iv) the increase of the share of renewable energy in final consumption to 20 % remains just below the target, v) the move towards a 20% increase in energy efficiency shows a good prospect, vi) the reduction of school drop-out rates to less than 10 % is steadily approaching its target, vii) the share of population aged 30-34 having completed tertiary education to at least 40 % is steadily approaching its target, viii) the lifting at least 20 million people out of risk of poverty was not achieved.