Socio-economic Development in the EU Member States – Concept and Classification

Abstract

The analysis and evaluation of levels of socioeconomic development in various countries has become of greater scientific and practical significance in recent years. This makes it possible to locate the position of a given country in a specific group, evaluate change dynamics or the impact of various determinants on the diversity of development. A country's economic development can be defined as the continuity of change in its socioeconomic life that results in improved living standards of its citizens as well as on the organization of structures and ongoing processes in the country. The authors have attempted to highlight the level of socioeconomic development in the EU between 2005 and 2010. The basis of the evaluation was the construction, from a dynamic perspective, of a general synthetic measure of socioeconomic development that takes account of different aspects of a country's socioeconomic development, namely, demographic and labour market potentials, economic as well as social and technical potentials. The various aspects of development were based on 27 diagnostic features chosen on the basis of merit and statistical formality. Particular attention was given to countries that gained the EU membership after 2004.

Conceptualizing and Researching the Adoption of ICT and the Impact on Socioeconomic Development

“…The word "development" usually implies a process of growth or changes. From a civilizational point of view, development can be defined as the overall activity in a society, consciously or subconsciously undertaken, aimed at improvements in that society (Stec, Filip, Grzebyk, & Pierscieniak, 2014). The qualifier "socioeconomic" is itself a combination of two words and relates to social factors, like education, and occupation, as well as economic factors, like income and assets.…”

Work-life Balance Decision-making of Norwegian Students: Implications for Human Resources Management

“…Although many measures of singular aspects of socio-economic development level can be found in literature (Khan, 1990), the researchers still argue about the composition of an aggregate index. Again, an interesting attempt in this field has been presented by Stec et al (2014).…”

Diversification of the level of agricultural development in the member states of the European Union

“…It pays attention to the high heterogeneity and diverse directions of system changes in this area. They are a result of political, cultural, historical, economic, social and demographic differentiation (Jasiecki, 2014;Stec et al, 2014).…”