THE LATEST CRISES CHALLENGING THE EU`S EXPORTS. ANY CHANCES TO MAINTAIN THE COMPETITIVENESS?
Trade is at the centre of Europe’s model of economic prosperity and competitiveness. As stated in the new Trade Policy Strategy set out by the European Commission (2021), the trade policy has a key role to play in the recovery from the COVID-19 pandemic. Meanwhile, this role was emphasised even bett...
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| Format: | Article |
| Language: | deu |
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University of Oradea
2022-12-01
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| Series: | Annals of the University of Oradea: Economic Science |
| Subjects: | |
| Online Access: | http://anale.steconomiceuoradea.ro/en/wp-content/uploads/2023/01/Volume-2_AUOES_december-2022-179-190.pdf |
| _version_ | 1797894252111331328 |
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| author | Dana-Teodora MIERLUȚ Adriana GIURGIU Horia-Octavian MINTAȘ Adrian TUNDUC |
| author_facet | Dana-Teodora MIERLUȚ Adriana GIURGIU Horia-Octavian MINTAȘ Adrian TUNDUC |
| author_sort | Dana-Teodora MIERLUȚ |
| collection | DOAJ |
| description | Trade is at the centre of Europe’s model of economic prosperity and competitiveness. As stated in the new Trade Policy Strategy set out by the European Commission (2021), the trade policy has a key role to play in the recovery from the COVID-19 pandemic. Meanwhile, this role was emphasised even better by the effects derived from the war in Ukraine. As the pandemic hit in 2020, the growth drivers of the EU’s economy relented, among which the external trade, putting million jobs at risk and leading to rise in unemployment and to depression of economic activity, while many companies had to close down. Competitiveness is a term which increased in significance in the last few decades. Trade competitiveness and, especially, export competitiveness is one of the most valuable variables a country must improve in order to increase its overall competitive position among nations and also the welfare of its citizens. The export statistics of many EU’s economies changed since the COVID-19 crisis and later, the war stroke. The research questions this paper addresses are: what is the extent of these changes in which sectors? Have they come to an end or the process of recovery has already started within the EU? What effects has the war in Ukraine onto the EU exports competitiveness? Are there any chances for the EU to maintain its exports competitiveness after these crises? What is to be one and what measures to be taken to recover? After introductory theoretical remarks and a brief literature review followed by a survey of various techniques to measure export competitiveness, the paper shifts its focus on statistical data and analyse how much damage has the pandemic and nowadays, the war caused to the EU’s export competitiveness, and which EU Member States were the most affected, based on statistical data analysis and other various indicators. |
| first_indexed | 2024-04-10T07:06:01Z |
| format | Article |
| id | doaj.art-44dc62602d65423aa80429b223894662 |
| institution | Directory Open Access Journal |
| issn | 1582-5450 1222-569X |
| language | deu |
| last_indexed | 2024-04-10T07:06:01Z |
| publishDate | 2022-12-01 |
| publisher | University of Oradea |
| record_format | Article |
| series | Annals of the University of Oradea: Economic Science |
| spelling | doaj.art-44dc62602d65423aa80429b2238946622023-02-27T08:00:01ZdeuUniversity of OradeaAnnals of the University of Oradea: Economic Science1582-54501222-569X2022-12-01312176187http://doi.org/10.47535/1991AUOES31(2)017THE LATEST CRISES CHALLENGING THE EU`S EXPORTS. ANY CHANCES TO MAINTAIN THE COMPETITIVENESS?Dana-Teodora MIERLUȚ0Adriana GIURGIU1Horia-Octavian MINTAȘ2Adrian TUNDUC3Doctoral School of Economics and International Business, The Bucharest University of Economic Studies (ASE București), Bucharest, RomaniaDoctoral School of Economics and International Business, The Bucharest University of Economic Studies (ASE București), Bucharest, Romania; Department of International Business, Faculty of Economic Sciences, University of Oradea, Oradea, RomaniaDoctoral School of Economics and International Business, The Bucharest University of Economic Studies (ASE București), Bucharest, RomaniaUniversity of Oradea, Faculty of Environmental Protection, Oradea, Romania (corresponding author)Trade is at the centre of Europe’s model of economic prosperity and competitiveness. As stated in the new Trade Policy Strategy set out by the European Commission (2021), the trade policy has a key role to play in the recovery from the COVID-19 pandemic. Meanwhile, this role was emphasised even better by the effects derived from the war in Ukraine. As the pandemic hit in 2020, the growth drivers of the EU’s economy relented, among which the external trade, putting million jobs at risk and leading to rise in unemployment and to depression of economic activity, while many companies had to close down. Competitiveness is a term which increased in significance in the last few decades. Trade competitiveness and, especially, export competitiveness is one of the most valuable variables a country must improve in order to increase its overall competitive position among nations and also the welfare of its citizens. The export statistics of many EU’s economies changed since the COVID-19 crisis and later, the war stroke. The research questions this paper addresses are: what is the extent of these changes in which sectors? Have they come to an end or the process of recovery has already started within the EU? What effects has the war in Ukraine onto the EU exports competitiveness? Are there any chances for the EU to maintain its exports competitiveness after these crises? What is to be one and what measures to be taken to recover? After introductory theoretical remarks and a brief literature review followed by a survey of various techniques to measure export competitiveness, the paper shifts its focus on statistical data and analyse how much damage has the pandemic and nowadays, the war caused to the EU’s export competitiveness, and which EU Member States were the most affected, based on statistical data analysis and other various indicators.http://anale.steconomiceuoradea.ro/en/wp-content/uploads/2023/01/Volume-2_AUOES_december-2022-179-190.pdfexport competitivenesseuropean unioncovid-19 pandemicwar; crisis; challenges |
| spellingShingle | Dana-Teodora MIERLUȚ Adriana GIURGIU Horia-Octavian MINTAȘ Adrian TUNDUC THE LATEST CRISES CHALLENGING THE EU`S EXPORTS. ANY CHANCES TO MAINTAIN THE COMPETITIVENESS? Annals of the University of Oradea: Economic Science export competitiveness european union covid-19 pandemic war; crisis; challenges |
| title | THE LATEST CRISES CHALLENGING THE EU`S EXPORTS. ANY CHANCES TO MAINTAIN THE COMPETITIVENESS? |
| title_full | THE LATEST CRISES CHALLENGING THE EU`S EXPORTS. ANY CHANCES TO MAINTAIN THE COMPETITIVENESS? |
| title_fullStr | THE LATEST CRISES CHALLENGING THE EU`S EXPORTS. ANY CHANCES TO MAINTAIN THE COMPETITIVENESS? |
| title_full_unstemmed | THE LATEST CRISES CHALLENGING THE EU`S EXPORTS. ANY CHANCES TO MAINTAIN THE COMPETITIVENESS? |
| title_short | THE LATEST CRISES CHALLENGING THE EU`S EXPORTS. ANY CHANCES TO MAINTAIN THE COMPETITIVENESS? |
| title_sort | latest crises challenging the eu s exports any chances to maintain the competitiveness |
| topic | export competitiveness european union covid-19 pandemic war; crisis; challenges |
| url | http://anale.steconomiceuoradea.ro/en/wp-content/uploads/2023/01/Volume-2_AUOES_december-2022-179-190.pdf |
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