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The global financial crisis has influenced economic performance of the world economy and economic theory as well. The crisis has underlined the fiscal position as a fundamentally fragile element of the Euro Area members' economies and it has also proposed the question whether the growth has not been systematically fed and accelerated by increasing public indebtedness. The paper focuses on the quantification of relation between economic performance and public debt. There is an analysis of 27 EU countries and other 13 OECD economies data (1971-2010) divided into two groups - developed economies and less developed emerging markets and categorized into four blocks. Main findings of the paper are following: increasing public indebtedness as a percentage of GDP has led to lower economic performance in analysing group of 40 countries. The difference between the highest and lowest category of public debt level is almost 2 percent. It is supposed that unsufficient GDP growth might even deepen the ongoing debt crisis. [ABSTRACT FROM AUTHOR]

All EU countries are confronted with the effects of population ageing. The expected decline in the population should compensated. Otherwise, it may have been a decline of economic growth. That situation therefore requires additional workers, including immigrants. Foreign students are clearly the easiest potential immigrants to integrate. When foreign students stay on after graduation, they have a long-term influence on the economy. The aim of the article is to highlight the current problems associated with the use of the potential of foreign students in the EU. The paper analyses these effects of foreign students on the economies of EU countries: demographic situation in the Member States, presence in the labour market following completion of studies, and revenues generated by educational institutions. [ABSTRACT FROM AUTHOR]

The paper deals with the relation of creative industry and its position in current European Union Industry policy, where in the long-term run it plays determining role within the industry structure of European Communities countries. The meaning of creative industry within the European Union Industry policy structure is more and more actual because it contributes to the European prosperity and European economy is depended on the vitality of its industry. EU Industry policy includes the set of activities what is the means of how the EU tries to affect the efficiency of processing and services sectors, it is an area on what depends the development and competitiveness of EU member states in addition to as a whole is focused on structural adaptation process which goal is to gain comparative advantages of EU economy in the world economy environment. The goal of this study is by means of the EU industrial policy analysis to figure out the utilization rate of its current efficiency regarding the creative industry issue, in the way of further possible increasing of the EU industrial policy influence in international economics, as well as their significant role relating to the overall socio-economic development of the EU. [ABSTRACT FROM AUTHOR]