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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.

modern monetary theory

Modern monetary theory: a simple macroeconomic model

by Dirk Ehnts on 4th June 2019

Why has modern monetary theory come out of the academy? Because it helps model the current economic predicament and how to get out of it.

sovereign spreads

Sovereign spreads and the frailty of the eurozone

by Marcello Minenna on 29th May 2019

The failure to provide for risk-sharing in the eurozone architecture has sustained chronic mistrust, reflected in sovereign spreads.

ECB strategy

Industrial policy: is there a paradigm shift in Germany and what does this imply for Europe?

by Peter Bofinger on 27th May 2019

A paper from the German economy minister on a national industrial policy has gone down like a lead balloon. Peter Bofinger argues it needs to be reflated—and coloured green—at a European level.

‘Gendering’ the EU budget

by Firat Cengiz on 22nd May 2019

There is a clear case for making gender equality a more visible part of the EU budgetary process.

corporate taxation

Fighting for a Europe of tax justice

by Eva Joly on 21st May 2019

An outgoing green MEP reflects on a decade of working for tax justice in the European Parliament and the challenges for her successors.

time

To the postcapitalist city … via Amsterdam circa 1619

by Paul Mason on 21st May 2019

What makes the 21st century city the harbinger of a postcapitalist world is that for the first time in modern history the network can transcend the market.

the good life

The good life after work

by Robert Skidelsky on 15th May 2019

To manage the latest wave of automation, we must have ends that are more compelling than merely wanting more products and services.

unequal Europe, what is inequality

Unequal Europe—collating the data

by Georg Hubmann on 9th May 2019

Wouldn’t it be nice if there were a website collating the sources of data on inequality across the European Union and exploring evidence-based policy prescriptions? Now there is.

ownership, what is inequality

Inequality: from redistribution to predistribution and beyond?

by Liam Kennedy on 2nd May 2019

Soaring income inequality inevitably raises discussion of more progressive taxation. But a more fundamental focus on the ownership of capital is needed.

women's health, what is inequality

Austerity is hurting women’s health

by Fran Darlington-Pollock on 2nd May 2019

A close look at how the austerity practised in the UK since 2010 has affected women’s health shows a gender lens must always be applied to see the full picture.

global taxation,BEPS,MNCs

How to tax a multinational

by Jayati Ghosh on 30th April 2019

For too long, multinational corporations—and digital firms in particular—have used existing rules to avoid paying taxes in countries where they do much of their business.

coal

Output gap nonsense

by Adam Tooze on 30th April 2019

Adam Tooze explains how a false exactitude in economics has led to a terrible politics in the EU.

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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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