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Europe 2020 Strategy: Are National Goals Reasonable?
Břízová, Pavla ; Šmídková, Kateřina (advisor) ; Martišková, Monika (referee)
The current economic strategy of the European Union - the Europe 2020 Strategy - has defined five measurable Headline Targets to enhance economic growth and allowed the Member States to set their own national numerical values for these targets. This thesis analyses quality of this target setting process. First, it tries to figure out whether the targets have been set better than in the preceding Lisbon Strategy. Second, it examines whether the National Targets have been defined clearly and unequivocally. Third and the most important, based on original empirical analysis, the thesis evaluates whether the National Targets have been determined reasonably with respect to general capacities of individual European economies. The main results reveal that some learning from the Lisbon Strategy has been made, but the quality of the National Targets is insufficient and should be increased. JEL Classification E61, F55, O52 Keywords Europe 2020, strategy, European Union, national targets, empirical analysis, MULTIMOORA, Ratio System of MOORA, Reference point of MOORA, Full Multiplicative Form, Lisbon Strategy Author's e-mail PavlaBrizova@seznam.cz Supervisor's e-mail katerina.smidkova@cnb.cz
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Europe 2020 Strategy: Are National Goals Reasonable?
Břízová, Pavla ; Šmídková, Kateřina (advisor) ; Martišková, Monika (referee)
The current economic strategy of the European Union - the Europe 2020 Strategy - has defined five measurable Headline Targets to enhance economic growth and allowed the Member States to set their own national numerical values for these targets. This thesis analyses quality of this target setting process. First, it tries to figure out whether the targets have been set better than in the preceding Lisbon Strategy. Second, it examines whether the National Targets have been defined clearly and unequivocally. Third and the most important, based on original empirical analysis, the thesis evaluates whether the National Targets have been determined reasonably with respect to general capacities of individual European economies. The main results reveal that some learning from the Lisbon Strategy has been made, but the quality of the National Targets is insufficient and should be increased. JEL Classification E61, F55, O52 Keywords Europe 2020, strategy, European Union, national targets, empirical analysis, MULTIMOORA, Ratio System of MOORA, Reference point of MOORA, Full Multiplicative Form, Lisbon Strategy Author's e-mail PavlaBrizova@seznam.cz Supervisor's e-mail katerina.smidkova@cnb.cz
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