Economic theory explains why a single European currency didn’t bring geographical convergence—but only political action can realise that.
Social Europe articles on the economy
Social Europe is an award-winning digital media publisher that publishes content examining issues in politics, economy and employment & labour. This archive brings together Social Europe articles on the economy.
Time to expose the reality of ‘debt market discipline’
As another sovereign-debt crisis looms, Adam Tooze warns against repeating the mistake of delegating to anonymised ‘markets’ accountable political choices.
Innovation, dissemination, investments: a new productivity strategy for Europe
Crisis measures to promote recovery in Europe must begin to address its underlying productivity challenge.
Europe’s leaders must stem falling trust
A mass online survey across the continent has found Europeans reeling from the coronavirus crisis—and losing trust in their leaders’ ability to manage it.
Waiting for Godot: tackling multinationals’ tax avoidance
Efforts to attack multinationals’ tax avoidance at EU level fall foul of national beneficiaries. Time to try naming and shaming instead.
Encouraging European solidarity: an unconditional basic income
The coming economic emergency demands an emergency boost to demand, via an unconditional monthly payment for its duration.
The pandemic and the day after
Emergence from the coronavirus crisis cannot be to ‘business as usual’ but must urgently open a transition to socio-environmental sustainability.
If it comes with interest, it’s no recovery
EU leaders must not behave like generals fighting the last war. If the Recovery Fund is to be adequate to the challenge of the coronavirus crisis, this time must be different.
An investment plan for European reconstruction
Europe must look beyond keeping companies on life support and staunching national debts to a continent-wide reconstruction driven by public investment.
German court decision ends treaty pretences
With ‘coronabonds’ stymied, an exit from the crisis had depended on ECB monetary operations—until the German constitutional court weighed in.
Covid-19 state-aid rules harm poorer member states
The easing of state-aid rules in the Covid-19 crisis has tilted the competitive playing-field away from those member states where Euro-disaffection is already growing.
Overconsumption, globalised supply chains and the Covid-19 crisis
We must build back more resilient, just societies that consume within ecological limits.
