Capitalism’s triple crisis
After the 2008 financial crisis, we learned the hard way what happens when governments flood the economy with unconditional liquidity, rather than laying the foundation for a sustainable and inclusive recovery.
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.
Combating Covid-19 and climate change—one fight
The same socially oriented approach must be taken to defeat the coronavirus and, over the longer run, stop climate catastrophe.
A Social-Green Deal, with just transition—the European answer to the coronavirus crisis
Concluding the Social Europe series on ‘just transition’, Maja Göpel zooms out to elaborate the shift in narrative entailed.
A green reboot after the pandemic
In addition to threatening millions of lives, the Covid-19 pandemic has demonstrated human societies are capable of transforming themselves more or less overnight—there’s no better time.
A eurozone reform northern and southern countries can share
Eurozone reform has appeared stymied by the tension between purportedly abstemious northern and spendthrift southern members. It needn’t be.
Reforming Europe’s fiscal rules
Why do the Maastricht criteria compare budget deficits and public debt with GDP rather than budget revenues? That’s a good question.
Coronavirus crisis: now is the hour of Modern Monetary Theory
Peter Bofinger argues MMT provides intellectual justification for a ‘whatever it takes’ fiscal response to potentially the biggest global postwar economic challenge
Welcome but inadequate: European measures to counter the corona crisis
More monetary-policy easing is still a one-club approach—fiscal support is also needed at EU level.
Europe under quarantine
The coronavirus crisis has exposed the shared vulnerability of Europe’s interdependence. Time to turn that into a strength.
The Covid-19 debt deluge
The Covid-19 crisis may have set the stage for a debt meltdown long in the making, starting in the Asian economies on the front lines.
Here we go again: Europe’s inability to face the coronavirus crisis
The spread of Covid-19 has called into question—once again—the frailties of the European Union.
Covid-19 is an opportunity for Europe
The EU has always advanced on the back of crises. The Covid-19 outbreak represents a chance to pools resources towards a co-ordinated fiscal policy.
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