Abstract [eng] |
The main purpose of this master thesis is to evaluate the results of the welfare building in the countries of the European Union, and to examine the interaction between the composite results and of resources used by the state to achieve these results applying composite indictors. The work consists of four main parts: the analysis of literature, selection and analysis of composite indicator individual components, methodology selection, research, and its results. Conclusions are presented at the end of the work. Literature analysis reviews the concept of the welfare state, examines the interaction between welfare state, economic development, and economic growth as well as analyzes factors affecting the welfare level such as unemployment, poverty, and income inequality. After the literature analysis research method and indicators were selected. The main purpose of empirical research was to construct a composite indicator using subset of selected indicators (GDP, unemployment, poverty, and income inequality) and make a ranking of countries by welfare level. Higher rating positions indicate greater success in the welfare building. The interaction between the results composite indicator and composite indicator of resources used by the state to achieve these results was also examinated. The composite indicators were calculated for selected six European Union countries: Lithuania, Latvia, Estonia, France, Ireland, and Finland. Simple additive weighted (SAW) and principal component analysis (PCA) methods were applied. The performed research revealed the results of the welfare building depends on the implemented social model by the state. The obtained ranking suggests that classification of the European Union countries into only five welfare models is too rough. Ideally, many more of their types should be distinguished. Moreover, it has also been determined that the year of the joining European Union does not affect the goodness of welfare results. The examined interaction between the composite results and of resources indicators revealed that the inertia between the countries is different. The conclusions summarize the main concepts of literature analysis as well as the results of the performed research. The author believes that the results of the study would be useful for politicians that are responsible for the development the welfare state, as well as the society, helping to understand and evaluate the current and future results of the welfare state building. |