In 2003, as a part of Lisbon process, the Brussels European Council agreed on five targets of European Employment Strategy in the field of education and training to be reached by 2010 and, according to human capital theory, thus increase the EU economic performance and global competitiveness. The main three of them state that the percentage of early school leavers should be at most 10 % on average, the European Union average level of participation in lifelong learning should be at least 12, 5 % of the adult working age population and that at least 85 % of the twenty-two-year-olds in the European Union should have completed upper secondary education or higher. The article is aimed on how EU member states achieve the targets in comparison to their labour productivity. Alternative concepts...
The paper deals with the identification of potential disadvantages associated with the existence of national currencies with the floating exchange rate regime during the current financial and economic crisis in countries postponing the moment of joining the Eurozone. Case studies were used to identify possible negative impacts of volatility of a national currency on exporting firms’ and households’ loans denominated in foreign currencies. Advantages of floating exchange rate may be outweighed by disadvantages (high volatility of exchange rates). The solutions of these problems described in the case studies (problem of exporting firms and indebted households and countries) would be the forthcoming adoption of the Euro. Concerning the actual fulfilment of the Maastricht criteria, two...
This paper is focused on structure of selected European economies. It works with Eurostat Symetric input-output tables (SIOT) dataset. Inter-industrial backward linkage is a ratio which indicates interdependence of particular industries and can be computed using SIOT. Backward linkages are analysed for eleven European countries. The presented analysis uses supportive indicators (Export/Final Use ratio; Households Consumption/Final Use ratio; Industry Production/Total Production ratio) to point out differences and similarities in structures of analysed economies.
Flexicurity reflects the current basic trend of the EU in guaranteeing high employment levels and attainability of national fiscal systems. It was introduced in Denmark in the 1990s and significantly helped reduce unemployment levels. The Czech labour market, despite the transformation process, has still space for further improvement, especially in the time of economic slow-down. The best way is to try to apply elements and components which have been already successfully implemented in the other EU Member States. The aim of the paper is (based on the statistical indicators and official documents concerning labour markets topic) to describe the basic function of the model and find the components of the flexicurity model which could be used also in the Czech Republic and change labour...
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