ABSTRACT
The COVID 19 pandemic has once again exposed a number of important risks and problems for the world's economies. Although the present analyzes in the literature are more and more often aggregated between fields, emphasizing the capacity of digitalization and international relations to improve the transition to the circular economy, resilience speaks not only of positive aspects but also of vulnerabilities. Thus, the article deals with the link between vulnerabilities and capacities of the socio-economic domain at EU27 level. The study uses Eurostat data for the period 2011-2020, systematized in the panel form. The results once again demonstrate the need to strengthen public support for health and education, for research and development, in order to reduce socio-economic vulnerabilities at EU27 level, demonstrating the need to correlate policy efforts with results.
ABSTRACT
The COVID-19 health crisis has brought to light a series of shortcomings not only of a medical nature but also of the social, political, economic, cultural nature of all the countries of the world. In this context, indebtedness, especially public debt, has been the answer to many problems in all the countries of the world. The literature and international organizations are carefully and constantly concerned with improving indicators of public indebtedness assessment, including those for assessing debt sustainability. However, there are many areas still unexplored. Therefore, the article aims to highlight the link between public debt and a number of important macroeconomic indicators, including from the sphere of GDP (estimated according to the method of expenses), through the methods of advance coefficient and elasticity, in 11 countries of the world, in the pre COVID19 pandemic period 2001-2019.