Yuemei Ji

Yuemei Ji is Professor of Political Economy and Finance at the School of Slavonic and East European Studies, University College London (UCL).

Yuemei Ji

How to fight inflation without subsidizing bankers at taxpayer’s expense

Yuemei Ji 23rd October 2024

Central banks are paying billions in interest to commercial banks through remunerated reserves.

This new book published by Oxford University Press presents the findings of the multiannual ERC research project “Researching Precariousness Across the Paid/Unpaid Work Continuum”,
led by Valeria Pulignano (KU Leuven), which are very important for the prospects of a more equal Europe.

Unpaid labour is no longer limited to the home or volunteer work. It infiltrates paid jobs, eroding rights and deepening inequality. From freelancers’ extra hours to care workers’ unpaid duties, it sustains precarity and fuels inequity. This book exposes the hidden forces behind unpaid labour and calls for systemic change to confront this pressing issue.

DOWNLOAD HERE FOR FREE

How can Europe adapt to an ageing workforce?

How can Europe adapt to an ageing workforce? What impediments do older workers face at the workplace? How are changing technologies and job quality influencing the retention of older workers on the labour market?

This episode of the Eurofound Talks podcast series sets out to answer these questions in the context of changing demographics in Europe and the need to make work more sustainable.

Listen to the episode for free. Also make sure to subscribe to Eurofound Talks so you don’t miss an episode!

LISTEN NOW

The Spring issue of The Progressive Post is out!

Since President Trump’s inauguration, the US – hitherto the cornerstone of Western security – is destabilising the world order it helped to build. The US security umbrella is apparently closing on Europe, Ukraine finds itself less and less protected, and the traditional defender of free trade is now shutting the door to foreign goods, sending stock markets on a rollercoaster. How will the European Union respond to this dramatic landscape change? .

Among this issue’s highlights, we discuss European defence strategies, assess how the US president's recent announcements will impact international trade and explore the risks  and opportunities that algorithms pose for workers.

READ THE MAGAZINE

WSI Minimum Wage Report 2025

The trend towards significant nominal minimum wage increases is continuing this year. In view of falling inflation rates, this translates into a sizeable increase in purchasing power for minimum wage earners in most European countries. The background to this is the implementation of the European Minimum Wage Directive, which has led to a reorientation of minimum wage policy in many countries and is thus boosting the dynamics of minimum wages. Most EU countries are now following the reference values for adequate minimum wages enshrined in the directive, which are 60% of the median wage or 50 % of the average wage. However, for Germany, a structural increase is still necessary to make progress towards an adequate minimum wage.

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How to fight inflation without subsidizing bankers at taxpayer’s expense

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