Andrea Terzi

Andrea Terzi is a Professor of Economics at Franklin University Switzerland and a Research Associate at the Levy Economics Institute. He also lectures at Catholic University Milan. He is co-author and co-editor of ‘Euroland and the World Economy. Global Player or Global Drag?’ New York: Palgrave MacMillan, 2007. His website is www.ateconomics.com.

Andrea Terzi

Europe Must Escape A Savings Trap, Not A Liquidity Trap

Andrea Terzi 23rd July 2014

The anti-austerity vote in the European elections reflected two different kinds of discontent. One is a feeling of frustration, which is invigorating nationalism: the vote for “less Europe.” The other is a lack of confidence in current EU policies: the vote for “another Europe.” In both cases, voters revealed that they have lost interest in […]

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Read FEPS new book ‘A new Gender Equality Contract for Europe’!

Just as the European Commission is about to enter its new term and as concerns have been high on the lack of ambition on equality policy, this publication offers a timely reflection on the need for a new gender contract for Europe!
Read the new open-access book “A New Gender Equality Contract for Europe”, which argues why gender equality should become a unifying force (the glue!) towards more egalitarian, solidaristic and caring societies.
The topics include education, reproductive health, labour, care, cultural rights, democracy, climate, and Feminist Foreign Policy. Featuring gender experts from diverse disciplines and backgrounds across Europe, the book connects feminist academic intelligence with hands-on policymaking.

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WSI European Collective Bargaining Report 2023/2024

Real wages in the European Union continued their decline in 2023—despite an acceleration in nominal wage growth and falling inflation rates. For the current year, there are tentative signs only of a slow recovery of the purchasing power of wages. A resumption of real wage growth would stabilise the functional distribution of income and strengthen domestic demand. However, even under this benign scenario, the crisis is not over from workers' point of view: they have borne the brunt of the real income losses associated with the energy-price shock resulting from the Russian invasion of Ukraine. The lingering reduction in real wage levels means that wage policy still needs to catch up to contribute to a fairer distribution of the burden between labour and capital.

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Europe Must Escape A Savings Trap, Not A Liquidity Trap

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