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Sustainability 2019, 11(2), 336; https://doi.org/10.3390/su11020336

Social Effects of Economic Crisis: Risk of Exclusion. An Overview of the European Context

1
Economic Development and Social Sustainability Research Group (EDaSS), Department of Economics —Universidade da Coruña—Spain, Campus de Elviña, s/n, 15071 A Coruña, Spain
2
Faculty of Economics, “Constantin Brâncuși” University of Târgu-Jiu, Tineretului Street, No. 4, 210185 Targu-Jiu, Romania
3
Faculty of Economics and Management, Institute of Finance, Department of Finance, University of Szczecin, ul. Mickiewicza 64, 71-307 Szczecin, Poland
4
Department of Economic Structure and Economic Development, Universidad Autónoma de Madrid, 5-Canto Blanco, 28049 Madrid, Spain
*
Author to whom correspondence should be addressed.
Received: 14 November 2018 / Revised: 28 December 2018 / Accepted: 2 January 2019 / Published: 10 January 2019
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Abstract

Sustainability is a complex concept. It only can be achieved from a global perspective, where social, economic and environmental issues are all key factors for achieving the goal. This paper is focused on the importance of social sustainability and, as a consequence, the importance of avoiding each and everyone’s risk of poverty and exclusion as due to the recent crisis effects. Nevertheless, this crisis resulted in higher inequalities and put a lot of people at risk of poverty, even in “developed” countries. Through a statistical and econometric analysis, some of the key factors to which the European Union should aim to avoid unsustainable scenarios are analysed. A regression, factorial and cluster analysis is carried out and this leads to conclude that the labour market is key in promoting economic policies in order to achieve social sustainability. View Full-Text
Keywords: social sustainability; risk of poverty; risk of exclusion; social protection; economic crisis social sustainability; risk of poverty; risk of exclusion; social protection; economic crisis
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Novo-Corti, I.; Țîrcă, D.-M.; Ziolo, M.; Picatoste, X. Social Effects of Economic Crisis: Risk of Exclusion. An Overview of the European Context. Sustainability 2019, 11, 336.

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