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European Globalisation Fund – a New EU Support Instrument Regarding the Adjustment of Employees to Globalisation Processesf44

General problems of the fibre and textile industries

Author:

• Menes Michał
  Departament of Economic Policy, University of Łódź, Łódź, Poland

Full text

Abstract: Article present a new intervention instrument of European Commission (EC) - European Globalisation Adjustment Fund (EGF). Dynamically developing process of internalization is one of the determinants in present economy. The EU member states are able to use instruments of supports their responsive sectors of economies in this process. Analysis of EGF resources absorption clearly confirms domination of textile industry, although – in relation to the whole available budget of the Fund – a remark has to be made that activity of EU member states in the domain of use of this instrument is very low.

Tags: European Union, globalization, European Globalisation Fund, application, social partner.31%3B11

Citation: Menes M.; European Globalisation Fund – a New EU Support Instrument Regarding the Adjustment of Employees to Globalisation Processes. FIBRES & TEXTILES in Eastern Europe 2009, Vol. 17, No. 5 (76) pp. 14-16.

Published in issue no 5 (76) / 2009, pages 14–16.