Category: Economy - Page 17

‘Whatever it takes’, ten years on

A decade ago Mario Draghi helped save the euro and the EU. Yet the lessons have still fully to sink in.

Jayati Ghosh bemoans the economics profession’s inability to think beyond crude analyses of inflation—and crude policies to stem it.

Calls for the ECB to raise rates to stem inflation have missed the negative impact of ‘structural reforms’ of labour markets on innovation.

The grim statistics on workers’ rights will only be righted if global standards are properly enforced.

A ‘tight’ labour market is not such a bad thing for trade unions—and therefore for workers.

Best practices in short-time working can prepare for the looming downturn.

The ‘key’ workers of the pandemic need sustained recognition. The chaos at airports shows what happens otherwise.

The directive fundamentally strengthens collective bargaining and trade union power.

Reining in demand via monetary policy will not solve a supply problem.

Minimum wages have risen across Europe this year. Inflation is eroding them.

On UN Public Service Day, many public-service workers and the services they provide remain needlessly impoverished.

Tracking four alternative economic indicators would provide a very different view of comparative performance than GDP.

Tens of thousands of Belgian workers today demand better wages and purchasing power.

Remote work will outlast the pandemic. But workers must be inoculated against the risks.

This year’s gathering of business and political elites in Davos recognised a basic truth—without reckoning with past mistakes.

The Recovery and Resilience Facility could remain a one-off crisis measure—or point to a permanent EU fiscal arrangement.