
Tourism in Europe: a new model
Malin Ackholt, Kerstin Howald and Pilar Rato
Rebuilding tourism is a priority but the sector must become more sustainable and resilient, with workers and quality jobs at the heart of recovery.
Analysis and debate on the European economy: growth and investment, fiscal and monetary policy, trade, industry and inequality.

Malin Ackholt, Kerstin Howald and Pilar Rato
Rebuilding tourism is a priority but the sector must become more sustainable and resilient, with workers and quality jobs at the heart of recovery.

Branko Milanovic argues African countries are not powerless to influence the global economic debates that marginalise them.

After the financial crash, the pandemic has rendered the labour market for young people across Europe even more precarious than before.

Post-pandemic Europe, Adam Tooze writes, can’t entertain a return to pre-crisis fiscal rules.

Research by the British TUC has highlighted how the many insecure workers in the UK have been exposed to disproportionate Covid-19 risk.

The long-simmering demand that multinationals provide country-by-country reporting of their tax payments is coming to a dénouement.

The pandemic has deepened gender disparities. Central banks must recognise they have a role to play in reversing these trends.

On International Workers’ Memorial Day, it’s worth remembering that when workers don’t have a say they may lose more than their voice.

The pandemic has had differential impacts on women. Raised consciousness about them must be applied to advance gender equality in recovery measures.

A ‘rebuttable presumption of employment’ is emerging as a response to platforms denying their workers employee status.

Keynes warned that ‘practical men’ were often in thrall to some dead economist. In fact many leading economists have agreed on the idea of guaranteed work.

Nicola Countouris and Valerio De Stefano
The pandemic made us all familiar with ‘social distancing’. Employers are starting to glimpse a future where ‘contractual distancing’ is normalised.

A ‘helicopter money’ stimulus of direct payments to individuals, as in the US, would be neither well targeted nor transformatory in Europe.

The arcane notion of ‘monetary dominance’ lay behind the last eurozone crisis. Unless challenged, it could underlie another one.

Branko Milanovic warns that the post-pandemic world could see further polarisation in a now global labour market.

Between 2017 and 2019, income disparities in Europe decreased. The pandemic stopped that decline.