Naslov
Creating of Leadership – Analyzing the Causes of Differences in Economic Performance between EU Member States and Other European Countries

Autori
Požega, Željko ; Crnković, Boris

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
1st International Scientific Conference Knowledge and Business Challenges of Globalisation : proceedings / - , 2009, Xx-xx

Skup
International Scientific Conference Knowledge and Business Challenges of Globalisation (1 ; 2009)

Mjesto i datum
Celje, Slovenija, 12.11.2009. - 13.11.2009

Vrsta sudjelovanja
Ostalo

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
human capital ; physical capital ; financial capital ; economic development

Sažetak
The research in this paper is based on the data collected for sixteen economic indicators for all the countries in Europe (official UN statistics). These indicators are examined through the variable of human capital (eleven indicators), the variable of physical capital (two indicators), as well as the variable of financial capital (three indicators). The objective is to observe the variance of economic performance among EU member states and other European countries, and to determine the causes of their differing economic performance, expressed as gross domestic product per capita (PPP, in US dollars). The data collected refer to the year 2005. The basic hypothesis of this research is that the differences in economic performance between the EU and the rest of Europe can mostly be accounted for by the human factor and the level of development of human resources. It follows that non-member states need to base their higher and faster development rates on altered economic policies and increased investments into human potential before their possible accession to the EU in the future. By doing this, they will achieve the EU criteria more quickly and efficiently. If the hypothesis is proven as correct, our research will define the road map for the aspiring EU members, showing that the development of human capital is the fastest way of catching up with the more developed EU countries and achieving higher social, economic, cultural and other standards, which will provide their citizens with the adequate standard of living even before the official accession to the EU. The data for this research were collected and processed with the statistical program package SPSS. Economic indicators (expressed in relative amounts) included in our analysis are the following: Human Development Index, life expectancy, population, urban population, population under 15 years of age, population over 65, Gender Related Development Index, number of prisoners, education index, investments in education, investments in research and development, number of phone lines, number of Internet users, import, export, and GDP per capita.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA