THE IMPACT OF SOCIAL EXCLUSION INTO ECONOMIC GROWTH AT THE EUROPEAN UNION

The aim of this paper is to verify that the presence of poverty and social exclusion at the European Union involves a limitation into the levels of economic growth, not only hampering to achieve the desired "inclusive economic growth" pursued by EU institutions, but also conventional economic growth itself. Thus, after theoretical grounds based on the ideas of great economists such as Keynes and Myrdal, it will be analyzed various empirical tests, different indicators being used and at different times, verifying that relationship. With poverty and social exclusion figures increasing at the EU during the difficult times we are going through, the results of this research may also be of great interest to the field of public policy recommendation.