New strategies for sustainable growth in European Economies

ABSTRACT

This editorial presents several recent contributions to the debate on strategies for sustainable growth, in relation to the experience of different European countries. It introduces this special issue, composed of a selection of articles presented during three workshops organized or supported by the International Network for Economic Research (INFER). The articles included in the special issue discuss the impact of technological innovation on firms’ productivity and employment, as well as the role agriculture plays in bioeconomy growth. They also highlight the importance of financial markets in the promotion of sustainable activities.

KEYWORDS:

• Sustainable growth
• European economies
• technological innovation
• productivity
• employment
• bioeconomy

Acknowledgments

We wish to thank Christopher A. Hartwell, Editor of Eastern European Economics, for giving us the opportunity to publish this special issue and for all the comments and advice he provided during the refereeing process. We are grateful to the referees, discussants and all participants at the INFER-PUEB Workshop on New Economics: Innovation, Digitalization and Revolution, the Joint Conference: Euro Working Group for commodities and financial modeling 63^rd meeting and XVIII International Conference on Finance and Banking FI BA 2021 and the International Conference “Current Economic Trends in Emerging and Developing Countries” (TIMTED-2021), for their valuable comments and suggestions.

Disclosure Statement

No potential conflict of interest was reported by the author(s).

Notes

1. Forecasts for 2022 were not considered in this computation, as they were not included in the World Development indicators database. However, given the Russian invasion of Ukraine and its international implications, the 2022 potential growth rate will be lower than in 2021 for all countries.

2. As noted by the World Meteorological Organization in November 2022.

3. Following World Bank Indicators.

4. “Science, research and innovation performance of the EU 2020” (SRIP 2020).

5. The European Green Deal should also improve the well-being and health of citizens and future generations by providing, among others, fresh air, clean water, healthy soil, biodiversity, healthy and affordable food.

6. INFER is a nonprofit organization supporting science and research in all areas of economics. It currently has more than 250 active members and several institutional members, across 37 countries on five continents, as well as a large circle of more than 1,000 occasional participants and supporters. INFER encourages scientific discussion during workshops on specific topics as well as hosting annual conferences. It also offers numerous publication opportunities to its members.

Additional information

Notes on contributors

Cristina Badarau

Cristina Badarau is an Associate Professor at the University of Bordeaux and a research fellow at BSE (Bordeaux School of Economics). She has a PhD in Economics from the University of Orléans and received in 2010 the 9th Monetary, Financial and Banking Thesis Prize of the Foundation Banque de France. She is an INFER board member, currently in charge of the INFER Internal Publications and worked as an expert for the Austria Science Fund, Polish National Science Center and French National Research Agency. Her research fields include : macroeconomic policies, financial economics and European integration. Her research activity mainly focuses on the design and coordination of macroeconomic policies in a heterogeneous monetary union like the euro area.

Aneta Chodakowska

Aneta Chodakowska is an Assistant Professor of Poznań University of Economics and Business and main organizer of the INFER-PUEB Workshop on New Economics: Innovation, Digitalization and Revolution. She is project manager of the research project ”Hazard models in the analysis of economic, social and political factors of inter-municipal cooperation” financed by the National Science Center of Poland and team member of the research project “Economics in the face of the New Economy” implemented as part of the Poland's Regional Initiative of Excellence for 2019-2022. Her research interests are: fiscal federalism, inter-municipal cooperation, local public finance, public economics.

Kamilla Marchewka-Bartkowiak

Kamilla Marchewka-Bartkowiak is an Associate Professor of Poznań University of Economics and Business, Director of the Institute of Finance, Head of the PUEB project entitled ”Economics in the face of the New Economy” implemented as a part of the Poland's Regional Initiative of Excellence for 2019-2022, member of the European Finance Association and European Centre for Parliamentary Research and Documentation. She is one of the local organizers of the INFER-PUEB Workshop on New Economics: Innovation, Digitalization and Revolution. Her research fields include: finance, EU and state finance, public economics, regulatory economics, new financial and regulatory technologies.

Dimitrios Paparas

Dimitrios Paparas is a Principal Lecturer (Associate Professor) at Harper Adams University since 2013 and he is the Course Director in M.Sc. programs. He is currently a Board member in INFER and a Senior Fellow in the HEA. He is working in the following funded research projects: Quantitative modelling for post EU exit trade deals (UK Agricultural Industry) and The Beef Toolkit. His main research interests are agricultural economics, educational economics, and macroeconomics.