The reform of the European social model in the context of globalization

Abstract

The European Social Model is based on three principles that have guided Europe for centuries: freedom, equality, and fraternity. However, these principles are increasingly criticized, as a result of the changes that have occurred in industrialized societies in recent decades, through the restructuring of national economies, the increase in unemployment in the European Union, globalization and increased competition, the acceleration of technological innovation, political and economic changes in the countries of Central and Eastern Europe. These have led to the introduction of neoliberal ideas, which have had a hard impact on shaping the European Social Model in recent years. The presentation will focus on the analysis of the reform of the European Welfare Model and its rapid adaptation to changes necessary to respond to current economic and social problems. The research methodology is a multidisciplinary analysis of EU social and economic policies as well as Eurostat labour market indicators. Restructuring the European Social Model is essential for strengthening the European Union's position in the World economy and responding to the challenges of globalization.