Title Struktūrinių reformų sąlygotos ekonominės veiklos atsparumas ekonominiams šokams /
Translation of Title Resilience of economic activity to economic shocks under structural reforms.
Authors Rapsikevičius, Jonas
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Pages 174
Keywords [eng] structural reforms ; economic activity ; resilience ; economic shocks ; systemic risk
Abstract [eng] The dissertation covers the threefold understanding and interconnectedness of the concepts in the context of structural reforms, economic activity and its resilience to shocks. In this context, structural reforms are conceived as a key tool of the state to improve the functioning of the economic system; their implementation in state governance not only makes them economic instruments but also allows them to be conceived as political instruments. Economic activity measures a country's economic development, defined by various economic characteristics (investment, expectations, productivity, growth, etc.). Economic resilience is the ability to sustain growth in economic activity in the face of a shock and can be measured under different assumptions. The main objective of the thesis is to combine these concepts to develop a model that can assess the impact of structural reforms on economic activity and its resilience to shocks in the case of European Union countries. The use of this methodology allows the assessment of the effectiveness of structural reforms and their negative and positive effects on the economy and its resilience to shocks. This methodology allows for a reasonable cross-country comparison, which is often difficult in research due to the variety of structural reform indicators and changes in their methodologies, which makes it difficult to make comparisons not only across countries but also across different periods. It is important to note that the model developed in this thesis for assessing the impact of structural reforms on economic performance and resilience to shocks is an appropriate tool for impact assessment, economic analysis and strategic planning.
Dissertation Institution Kauno technologijos universitetas.
Type Doctoral thesis
Language Lithuanian
Publication date 2024