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Social Europe articles on the economy

Social Europe is an award-winning digital media publisher that publishes content examining issues in politics, economy, society and ecology. This archive brings together Social Europe articles on the economy.

global taxation,BEPS,MNCs

Our shrinking economic toolkits

by Jayati Ghosh on 22nd October 2019

For four decades, mainstream economists and policymakers have been wedded to fixed dogmas. Their blind belief in fiscal discipline threatens the very stability of societies.

co-operatives

European economic democracy: a path out of the crisis

by Lorena Lombardozzi and Neil Warner on 21st October 2019

A genuinely social Europe must have economic democracy rather than rely only on market mechanisms.

corporation tax, tax competition

Ireland’s recovery: from bust to buoyancy … to Brexit?

by Paul Sweeney on 14th October 2019

If procyclical domestic policies inflated Ireland’s economic bubble, procyclical austerity demanded by the troika which bailed it out makes Ireland’s recovery all the more remarkable.

Covid 19 vaccine

Preventing digital feudalism

by Mariana Mazzucato on 9th October 2019

Reforming the digital economy so that it serves collective ends is the defining economic challenge of our time.

social-ecological state

A Green New Deal beyond growth

by Éloi Laurent on 8th October 2019

A genuine European Green New Deal must place social justice and ecological protection ahead of fiscal discipline and economic growth.

Green New Deal

A novel European Green New Deal to tackle climate change

by Colin Hines on 8th October 2019

Support has been surging on both sides of the Atlantic for the idea of a Green New Deal. Time to turn it into action, and jobs, on the ground.

Ireland

Ireland’s route from boom to bubble to bust

by Paul Sweeney on 2nd October 2019

Ireland’s volatile economic path of recent decades has wider European policy implications. Part one: the ‘Celtic Tiger’ and its demise

stakeholder capitalism

Should we worry about income gaps within or between countries?

by Dani Rodrik on 2nd October 2019

The rise of populist nationalism throughout the west has been fuelled partly by a clash between the objectives of equity in rich countries and higher living standards in poor countries.

rebalancing

German rebalancing—out of exit options

by Pálma Polyák on 30th September 2019

The consensus against German fiscal rebalancing is cracking—because the export demand which allowed it long to be avoided is looking shaky.

ECB

Open letter to my German friends about the ECB policy

by Guillaume Duval on 25th September 2019

Guillaume Duval argues that Germany can see the end of ECB quantitative easing—if only it stops imposing austerity on the eurozone.

QE

Top of Lagarde’s ECB to-do list: stop QE and democratise monetary policy

by Jens van 't Klooster on 25th September 2019

If Christine Lagarde is serious about greening the European Central Bank, she must not hide behind its mandate.

digital tax, tax burden

Thinking climate and social policies as one

by Susanne Wixforth and Reiner Hoffmann on 17th September 2019

A European approach to the politics of climate change must integrate social justice, as climate neutrality will be costly but growth without end is unsustainable.

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Social Europe Publishing book

The Brexit endgame is upon us: deal or no deal, the transition period will end on January 1st. With a pandemic raging, for those countries most affected by Brexit the end of the transition could not come at a worse time. Yet, might the UK's withdrawal be a blessing in disguise? With its biggest veto player gone, might the European Pillar of Social Rights take centre stage? This book brings together leading experts in European politics and policy to examine social citizenship rights across the European continent in the wake of Brexit. Will member states see an enhanced social Europe or a race to the bottom?

'This book correctly emphasises the need to place the future of social rights in Europe front and centre in the post-Brexit debate, to move on from the economistic bias that has obscured our vision of a progressive social Europe.' Michael D Higgins, president of Ireland


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Hans Böckler Stiftung Advertisement

The macroeconomic effects of the EU recovery and resilience facility

This policy brief analyses the macroeconomic effects of the EU's Recovery and Resilience Facility (RRF). We present the basics of the RRF and then use the macroeconometric multi-country model NiGEM to analyse the facility's macroeconomic effects. The simulations show, first, that if the funds are in fact used to finance additional public investment (as intended), public capital stocks throughout the EU will increase markedly during the time of the RRF. Secondly, in some especially hard-hit southern European countries, the RRF would offset a significant share of the output lost during the pandemic. Thirdly, as gains in GDP due to the RRF will be much stronger in (poorer) southern and eastern European countries, the RRF has the potential to reduce economic divergence. Finally, and in direct consequence of the increased GDP, the RRF will lead to lower public debt ratios—between 2.0 and 4.4 percentage points below baseline for southern European countries in 2023.


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ETUI advertisement

Benchmarking Working Europe 2020

A virus is haunting Europe. This year’s 20th anniversary issue of our flagship publication Benchmarking Working Europe brings to a growing audience of trade unionists, industrial relations specialists and policy-makers a warning: besides SARS-CoV-2, ‘austerity’ is the other nefarious agent from which workers, and Europe as a whole, need to be protected in the months and years ahead. Just as the scientific community appears on the verge of producing one or more effective and affordable vaccines that could generate widespread immunity against SARS-CoV-2, however, policy-makers, at both national and European levels, are now approaching this challenging juncture in a way that departs from the austerity-driven responses deployed a decade ago, in the aftermath of the previous crisis. It is particularly apt for the 20th anniversary issue of Benchmarking, a publication that has allowed the ETUI and the ETUC to contribute to key European debates, to set out our case for a socially responsive and ecologically sustainable road out of the Covid-19 crisis.


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Eurofound advertisement

Industrial relations: developments 2015-2019

Eurofound has monitored and analysed developments in industrial relations systems at EU level and in EU member states for over 40 years. This new flagship report provides an overview of developments in industrial relations and social dialogue in the years immediately prior to the Covid-19 outbreak. Findings are placed in the context of the key developments in EU policy affecting employment, working conditions and social policy, and linked to the work done by social partners—as well as public authorities—at European and national levels.


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Foundation for European Progressive Studies Advertisement

Read FEPS Covid Response Papers

In this moment, more than ever, policy-making requires support and ideas to design further responses that can meet the scale of the problem. FEPS contributes to this reflection with policy ideas, analysis of the different proposals and open reflections with the new FEPS Covid Response Papers series and the FEPS Covid Response Webinars. The latest FEPS Covid Response Paper by the Nobel laureate Joseph Stiglitz, 'Recovering from the pandemic: an appraisal of lessons learned', provides an overview of the failures and successes in dealing with Covid-19 and its economic aftermath. Among the authors: Lodewijk Asscher, László Andor, Estrella Durá, Daniela Gabor, Amandine Crespy, Alberto Botta, Francesco Corti, and many more.


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