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Paul Collier

Sir Paul Collier is Professor of Economics and Public Policy at the Blavatnik School of Government, Oxford University. His latest book is ‘Exodus: Immigration and Multiculturalism in the 21st Century’ published by Penguin and Oxford University Press.

Paul Collier

Meeting The Migration Challenge And Reforming Capitalism Through Mutual Solidarity

Paul Collier 25th July 2018

How would you characterise the migration issue today? How has it become such a hot topic, and how do you think it’s likely to develop in the future? At the moment, obviously, public policy on migration and refugees is a complete mess. It’s a broken system. In fact, it doesn’t really deserve the word ‘system’. […]

Migration Cannot Be Cast In Terms Of Individual Rights

Paul Collier 8th December 2016

The Jungle in Calais is closed and the deal with Turkey is in place. Is the refugee crisis over? Not at all. The refugee crisis is first and foremost about refugees, not about migration to Europe at all. It became very salient once refugees or some refugees, a relatively small minority, started moving to Europe […]

Beyond The Boat People: Europe’s Moral Duties To Refugees

Paul Collier 15th July 2015

Part of the world is still awash with conflict and poverty. Europe is a haven of peace and prosperity. Unsurprisingly, many people whose home is in the former wish to live in the latter. European policy towards these desires is catastrophically muddled. Yet solutions are not difficult. I will focus on displaced Syrians who comprise […]

On Exits And Hegemony

Paul Collier 11th May 2015

Greece is again hovering at the exit door of the Eurozone; Scotland is again hovering at the exit door of the United Kingdom. The impetus for these unanticipated phenomena is the same: hegemony generates potent antibodies. From the 1980s I have been witness to hegemony through the Structural Adjustment Programs of the IMF in Africa. […]

Good And Bad Nationalism

Paul Collier 10th March 2015

Nationalism has come to be associated with attempts by majority ethnic groups to exclude and persecute minorities. Not only is this detestable, it is quite clearly an abuse of the term: an attempt to appropriate for one component of a society, a designation which by definition must include the whole. In effect, exclusionary nationalism asserts […]

Democracy And The Erosion Of The Centre Ground

Paul Collier 7th January 2015

According to the simple two-party voting model of Anthony Downs, democracy privileges the centre ground: parties compete to attract the median voter. This is no longer working: the centre ground is losing political power to the extremes. Across Europe, new populist-extremist parties have broken in: Greece, France, Spain, Italy, Sweden, the Netherlands, Scotland and England. […]

Banks, Bonuses And BankSlaughter: How To Make European Banks Less Dangerous

Paul Collier 13th November 2014

In trying to make the banking system less dangerous, European and global regulators are trying three approaches. First, they have just undertaken stress tests. Second, they have specified new requirements for the banks to hold more capital and fewer risky assets. Third, they have tried to weaken the incentives for frontline dealmakers to expose their […]

Illegal Migration To Europe: What Should Be Done?

Paul Collier 9th September 2014

There is a real and present danger of overt hostility of majority populations towards the minorities established in the EU. An important factor fuelling rising hostility is the sense that immigration is out of control, most visibly manifested in the rapid increase in illegal and dangerous forms of entry. Migration policies are in evident need […]

Rent-Seeking, Living Standards And Inequality

Paul Collier 16th July 2014

Rent-seeking is the activity of generating and allocating transfers between economic actors. It results in waste and inequality. The rise of rent-seeking, with its epicentre in the accountancy, legal and banking professions, has been seriously damaging. In the OECD the damage is most evident in the USA, where rent-seeking has faced fewer policy impediments than […]

Scotland And Oil: Avoiding A Disastrous Precedent

Paul Collier 13th May 2014

In September the Scots will vote on secession. For decades, the key slogan of the Scottish Nationalist Party has been ‘Its Scotland’s oil’. Yet this claim has never been subject to serious scrutiny. I will argue that it is spurious: ethically, legally, and practically. The philosopher of justice, John Rawls, grounded justice in those social […]

What Is Europe About?

Paul Collier 12th March 2014

At its foundation the European project was primarily about peace. Following the murderous preceding decades this was rightly the overriding priority. It was also about power: squeezed between the imperial powers of USA and the USSR unity was essential. These goals determined the path: rights would shift from nations to a United States of Europe […]

Why Coal Production Must End

Paul Collier 10th January 2014

Germany is now producing more coal than for twenty years. This has occurred in a society that prides itself on its concern about climate change and has the largest Green party in Europe. Underlying this evident disconnection between concern and behaviour is an international failure to link the challenge of tackling climate change to big, […]

Eurofound advertisement

#AskTheExpert webinar—Key ingredients for the future of work: job quality and gender equality

Eurofound’s head of information and communication, Mary McCaughey, its senior research manager, Agnès Parent-Thirion, and research manager, Jorge Cabrita, explore the findings from the recently published European Working Conditions Telephone Survey (EWCTS) in an #AskTheExpert webinar. This survey of more than 70,000 workers in 36 European countries provides a wide-ranging picture of job quality across countries, occupations, sectors and age groups and by gender in the context of the Covid-19 pandemic. It confirms persistent gender segregation in sectors, occupations and workplaces, indicating that we are a long way from the goals of equal opportunities for women and men at work and equal access to key decision-making positions in the workplace.


WATCH HERE

Foundation for European Progressive Studies Advertisement

Let’s end involuntary unemployment!

What is the best way to fight unemployment? We want to know your opinion, to understand better the potential of an EU-wide permanent programme for direct and guaranteed public-service employment.

In collaboration with Our Global Moment, Fondazione Pietro Nenni and other progressive organisations across Europe, we launched an EU-wide survey on the perception of unemployment and publicly funded jobs, exploring ways to bring innovation in public sector-led job creation.


TAKE THE SURVEY HERE

Hans Böckler Stiftung Advertisement

The macroeconomic effects of re-applying the EU fiscal rules

Against the background of the European Commission's reform plans for the Stability and Growth Pact (SGP), this policy brief uses the macroeconometric multi-country model NiGEM to simulate the macroeconomic implications of the most relevant reform options from 2024 onwards. Next to a return to the existing and unreformed rules, the most prominent options include an expenditure rule linked to a debt anchor.

Our results for the euro area and its four biggest economies—France, Italy, Germany and Spain—indicate that returning to the rules of the SGP would lead to severe cuts in public spending, particularly if the SGP rules were interpreted as in the past. A more flexible interpretation would only somewhat ease the fiscal-adjustment burden. An expenditure rule along the lines of the European Fiscal Board would, however, not necessarily alleviate that burden in and of itself.

Our simulations show great care must be taken to specify the expenditure rule, such that fiscal consolidation is achieved in a growth-friendly way. Raising the debt ceiling to 90 per cent of gross domestic product and applying less demanding fiscal adjustments, as proposed by the IMK, would go a long way.


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ILO advertisement

Global Wage Report 2022-23: The impact of inflation and COVID-19 on wages and purchasing power

The International Labour Organization's Global Wage Report is a key reference on wages and wage inequality for the academic community and policy-makers around the world.

This eighth edition of the report, The Impact of inflation and COVID-19 on wages and purchasing power, examines the evolution of real wages, giving a unique picture of wage trends globally and by region. The report includes evidence on how wages have evolved through the COVID-19 crisis as well as how the current inflationary context is biting into real wage growth in most regions of the world. The report shows that for the first time in the 21st century real wage growth has fallen to negative values while, at the same time, the gap between real productivity growth and real wage growth continues to widen.

The report analysis the evolution of the real total wage bill from 2019 to 2022 to show how its different components—employment, nominal wages and inflation—have changed during the COVID-19 crisis and, more recently, during the cost-of-living crisis. The decomposition of the total wage bill, and its evolution, is shown for all wage employees and distinguishes between women and men. The report also looks at changes in wage inequality and the gender pay gap to reveal how COVID-19 may have contributed to increasing income inequality in different regions of the world. Together, the empirical evidence in the report becomes the backbone of a policy discussion that could play a key role in a human-centred recovery from the different ongoing crises.


DOWNLOAD HERE

ETUI advertisement

The four transitions and the missing one

Europe is at a crossroads, painfully navigating four transitions (green, digital, economic and geopolitical) at once but missing the transformative and ambitious social transition it needs. In other words, if the EU is to withstand the storm, we do not have the luxury of abstaining from reflecting on its social foundations, of which intermittent democratic discontent is only one expression. It is against this background that the ETUI/ETUC publishes its annual flagship publication Benchmarking Working Europe 2023, with the support of more than 70 graphs and a special contribution from two guest editors, Professors Kalypso Nikolaidïs and Albena Azmanova.


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