Activation Into In-Work Poverty?
A job is the best way out of poverty. This is a widely held belief among European policy-makers. Therefore, labour market reforms in European countries
Economy
Social Europe is an award-winning digital media publisher driven by the core values of freedom, sustainability, and equality. These principles guide our exploration of society’s most pressing challenges. This archive page curates Social Europe articles focused on economic issues, offering a rich resource for innovative thinking and informed debate.
Is It Time To Take Away The Carbon Punch Bowl?
Climate change poses serious financial risks. Perhaps the biggest systemic risk is a disorderly transition to a low carbon economy. As noted in the Bank
The Euro Area’s Future: Rigorous Reforms – And More Solidarity
Right at its 60th anniversary, the European Project is facing real challenges. The most obvious, perhaps, is the decision of the British people to leave
The New Socialism Of Fools
According to mainstream economic theory, globalization tends to “lift all boats,” and has little effect on the broad distribution of incomes. But “globalization” is not
Why Do Cities Become Unaffordable?
Inequality is usually measured by comparing incomes across households within a country. But there is also a different kind of inequality: in the affordability of
Macron And The EU Financial Transaction Tax
What do I care about my chitchat of yesterday? The famous statement of German Chancellor Konrad Adenauer could well have been repeated by French President
Beyond Fantasies Of Industry 4.0
As global capitalism advances through the second decade of the 21st century, three observations stand out: While the mainstream attempts to trivialize these as the
Away from Oil: A New Approach
The time of large SUVs is over: this is what experts in the automobile industry said in 2008, when the oil price was at its
The Ordoliberal Ghost
Driven by the politics of resolving the Euro crisis, ordoliberalism has sparked great academic interest in recent years. To many observers, this school of thought
Inequality In Europe: What Can Be Done?
Since the 1940s, the Left in most western European countries has relied on a combination of four strategies to tackle inequalities in the distribution of
The Inflation Target Trap
Central banks have a problem: growth in much of the world is accelerating, but inflation has failed to take off. Of course, for most people,
Employment Shifts In Europe During The Recovery: Three Little Noticed Trends
The EU has finally recovered all the net employment losses sustained since the global financial crisis. It has been a long and painful process. But
The Real Measure Of Inequality
We talk a lot about inequality but the data we rely on is subject to substantial errors since much income and wealth goes unmeasured and
Rescuing Veneto Banks Would Have Cost Less With Indirect Nationalization
The Italian government has launched a package of extraordinary measures to handle the crisis at Veneto Banca (VB) and Banca Popolare di Vicenza (BPVI). The
IMF’s Approval-In-Principle And Greece’s Third Program: An In-Depth Look
The Greek case of the Eurozone crisis from 2010 onwards has, by now, turned into a multi-series drama. Another instalment came in the June 2017
Understanding The Productivity Puzzle
In all major economies, the so-called productivity puzzle continues to perplex economists and policymakers: output per hour is significantly lower than it would have been