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<p>This paper delves into the diverse conceptualizations of the “common good” within the economic discourse and scrutinizes their implications for European integration during the pressing COVID-19 pandemic. Employing a comprehensive literature review, policy analysis, and case study examination, it explores the manifestations of the common good in the context of European Union policies. Two key interpretations emerge from our investigation: the first presents the common good as an ultimate objective, seeking a balance between individual and collective interests achieved via adept economic governance; the second considers it a continuous process underpinned by the principles that direct the journey toward such a balance. Our findings reveal that the EU’s response to the COVID-19 crisis led to shifts in fiscal policies and innovation strategies. The research outcomes demonstrate a marked transition in the EU’s approach, with a stronger focus on social welfare, environmental sustainability, and collective well-being.</p>
</abstract>

This paper delves into the diverse conceptualizations of the “common good” within the economic discourse and scrutinizes their implications for European integration during the pressing COVID-19 pandemic. Employing a comprehensive literature review, policy analysis, and case study examination, it explores the manifestations of the common good in the context of European Union policies. Two key interpretations emerge from our investigation: the first presents the common good as an ultimate objective, seeking a balance between individual and collective interests achieved via adept economic governance; the second considers it a continuous process underpinned by the principles that direct the journey toward such a balance. Our findings reveal that the EU’s response to the COVID-19 crisis led to shifts in fiscal policies and innovation strategies. The research outcomes demonstrate a marked transition in the EU’s approach, with a stronger focus on social welfare, environmental sustainability, and collective well-being.

The common good from an economic perspective: Insights from EU policies during the COVID-19

International Journal of Management and Economics

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

This paper delves into the diverse conceptualizations of the “common good” within the economic discourse and scrutinizes their implications for European...

The common good from an economic perspective: Insights from EU policies during the COVID-19

Article Category: Conceptual Paper

Published Online: Feb 22, 2024

Page range: 123 - 131

Received: Oct 30, 2023

Accepted: Jan 14, 2024

DOI: https://doi.org/10.2478/ijme-2024-0006

Keywords
European Union, institutions, common policies

© 2024 Alina Szypulewska-Porczyńska et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

The common good from an economic perspective: Insights from EU policies during the COVID-19

Article Category: Conceptual Paper

Published Online: Feb 22, 2024

Page range: 123 - 131

Received: Oct 30, 2023

Accepted: Jan 14, 2024

DOI: https://doi.org/10.2478/ijme-2024-0006

KeywordsEuropean Union, institutions, common policies

© 2024 Alina Szypulewska-Porczyńska et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Keywords
European Union, institutions, common policies