Opportunities for Assessing the Socio-Economic Condition of the Countries of the European Union Cover Image

Възможности за оценяване на социално-икономическото състояние на държавите от Европейския съюз
Opportunities for Assessing the Socio-Economic Condition of the Countries of the European Union

Author(s): Metodi Hristov
Subject(s): Economy, National Economy, Supranational / Global Economy, Business Economy / Management, Sociology, Economic development, Socio-Economic Research
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: social status; economic status; socio-economic status; ranking; evaluation; countries; European Union; integrated approach
Summary/Abstract: The main purpose of this study is to show how, from a methodological point of view, the socio-economic situation of the countries of the European Union (EU) can be assessed. To achieve it, pre-selected macroeconomic indicators and information based on Eurostat data for the period 2015-2020 are used. The first part of the study treats the assessment of the condition of these countries through separate use of every indicator, and the second part is devoted to the possibilities of using an integrated approach, ie. by simultaneously using of all selected indicators. It is assumed that the results of the evaluation through the separate use of the indicators should be the basis of the integrated approach.