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Financial Analytics: Science and Experience
 

Analysis of social costs and sources of their formation in the European union

Vol. 4, Iss. 11, MARCH 2011

Available online: 15 March 2011

Subject Heading: SOCIAL ARE THE FINANCES

JEL Classification: 

Filippova I.A. associate professor of chair «the Economic theory», the Ulyanovsk state technical university
ean@ulstu.ru

Sophisticated social security system covering all citizens, not only leads to an improvement of their welfare, expands and strengthens the human resources of the state, but also promotes economic growth and stabilization of the political and social situation, not only in the country, but throughout the integration grouping. The scope and priorities of social spending depends largely on the representations of business leaders about the role of business in addressing social issues, relations between business and government.

Keywords: social spending, human capital, gross domestic product, European Union

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ISSN 2311-8768 (Online)
ISSN 2073-4484 (Print)

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