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Europe’s Austerity Disaster

by Joseph Stiglitz on 29th September 2014

european economy

“If the facts don’t fit the theory, change the theory,” goes the old adage. But too often it is easier to keep the theory and change the facts – or so German Chancellor Angela Merkel and other pro-austerity European leaders appear to believe. Though facts keep staring them in the face, they continue to deny […]

The Social Atlas Of Europe

by Dimitris Ballas, Danny Dorling and Benjamin Hennig on 22nd August 2014

Dimitris Ballas

Should we conceive of Europe as a collection of individual states or as a group of distinct cities and regions which are part of a larger whole? Dimitris Ballas, Danny Dorling and Benjamin Hennig present figures from their new ‘Social Atlas of Europe’, which provides a new way of illustrating the key social and geographic features across European countries. They […]

Charting Decline In Europe

by David Lizoain on 18th August 2014

david-lizoain

Two years have passed since Mario Draghi promised to do “whatever it takes” to save the euro. The bond markets have calmed down but the crisis of the euro zone has not yet abated. Isolated pieces of positive information do not automatically imply a sustained recovery let alone justify triumphalism. While improving marginally, the rate of unemployment […]

Why The ‘Poundzone’ Is As Sub-optimal A Currency Area As The Eurozone

by Waltraud Schelkle on 8th August 2014

Waltraud Schelkle

One of the arguments frequently made against the euro is that the Eurozone represents a ‘non-optimal’ currency area. This derives from the notion that the variations between regions within the Eurozone are simply too large for them to share a single currency without encountering problems. Waltraud Schelkle assesses this argument by comparing the experience of the Eurozone […]

Germany And Europe’s Surplus Of Stagnation

by Robert Skidelsky on 25th July 2014

Robert Skidelsky

While the rest of the world recovers from the Great Recession of 2008-2009, Europe is stagnating. Eurozone growth is expected to be 1.7% next year. What can be done about it? One solution is a weaker euro. Earlier this month, the chief executive of Airbus called for drastic action to reduce the value of the euro against the dollar […]

Inequality is Falling Globally! (And Similar Nonsense)

by John Weeks on 23rd July 2014

John Weeks

I bet you think that the rich are getting richer and the poor poorer. A few well-known facts might lead you to this conclusion. For example, in the United States income after tax per household is now over 100% greater than forty years ago (1972), while average weekly earnings in the private sector are 14% […]

The Social Investment Package And The Europe 2020 Policy Agenda

by Anton Hemerijck on 17th July 2014

Anton Hemerijck

The European welfare state and the European Union (EU) find themselves caught up in a double bind in the aftermath of the global financial crisis. On the one hand, domestically, EU members are politically bound by widely cherished national social contracts on welfare provision, which in hard economic times are especially difficult to renege upon. […]

Europe Does Not Understand Deflation And Wages

by Ronald Janssen on 15th July 2014

Ronald Janssen

Led by the IMF, the main body of mainstream economists is now aware of the danger that debt deflation is raising for several Euro Area member states. This awareness is surely a good thing. However, what is conspicuously absent in this discussion is the link with wages. It is as if ‘lowflation’ (as the IMF […]

Changing Course Towards A Social Europe

by Reiner Hoffmann on 9th July 2014

Reiner Hoffmann

Joseph Stiglitz, who won the Nobel Prize in 2001 for his work on how markets work inefficiently was once asked about his opinion on austerity measures. “It reminds me of medieval medicine,” he said. “It is like blood-letting, where you took blood out of a patient because the theory was that there were bad tumours. And very often, […]

Social Europe In A Climate Of Austerity

by Christopher Pissarides on 23rd June 2014

The Need For Social Dialogue To Improve Distribution Eurofound stands for Improvement of Living and Working Conditions through social dialogue. Currently, in the midst of high unemployment and increasing inequality, living and working conditions for ordinary people are worse than in 2007. But recession is not the only problem. Even when countries are recovering, the […]

It’s Time To Stand Up To Troika Austerity (Part II)

by Thomas Fazi on 19th June 2014

Thomas Fazi

In the first part of this article I looked at the mounting evidence against austerity by organisations as varied as Caritas, the ILO, the Council of Europe and the IMF. So why is the European establishment pushing for more of the same? Social and economic misery and despair, growing inequality, dwindling public services, loss of hope and […]

It’s Time To Stand Up To Troika Austerity (Part I)

by Thomas Fazi on 16th June 2014

Thomas Fazi

In my book, The Battle for Europe: How an Elite Hijacked a Continent – and How We Can Take It Back, published some months ago by Pluto Press, I argued that the austerity policies imposed on European member states (especially those of the periphery) by the Berlin-Brussels-Frankfurt ‘axis of rigour’ and by the troika were […]

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S&D Group Ad

At the beginning of the new EU legislative cycle, this occasional paper by Udo Bullmann (MEP and S&D Group coordinator in the European Parliament’s Development Committee) makes the case for an EU development policy that puts the UN Sustainable Development Goals (SDGs) and a concern for human well-being front and centre. The paper argues that EU development policy must serve to fight inequalities in partner countries to enable successful transformations in the spirit of the SDGs. Weaving a concern for achieving greater equality into the process of EU development policy-making, including through ex-ante assessment tools, is key in this regard.


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Social Europe Edition Book

Is an unconditional basic income without means-test or work-test compatible with social justice and individual self-worth? Does it open up the space for an end to demeaning labour and a resurgence of voluntary work and cultural life? Is it affordable? This collection of short but compelling essays, all previously published in Social Europe, allows both proponents and opponents to make their case and is designed to extend this vital discussion to a wider audience.


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The Blocked Completion of the European Monetary Union

The reform of the euro zone is stuck. Against the background of political blockades, this report examines from a combined economic and political science perspective how the Euro can be prepared for the next crisis. The report first identifies general requirements for the stabilization of economic and monetary union. Next, the report reconstructs the political logic of the euro crisis and shows that the prospects for realizing far-reaching reform proposals aiming at a fiscal union are poor. Subsequently, the report develops a proposal of how, under the given circumstances, the room for maneuver within the existing framework of economic and monetary union can be extended in a pragmatic way in order to strengthen national fiscal policy as an instrument of macroeconomic stabilization.


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Migrant workers in Fortress Europe

The number of legally resident migrants stands at over 22 million, but the number of Europe’s “undocumented” migrants, whose status is precarious and whose rights in many areas are limited as a result, is much harder to determine. These migrants are often forced to tolerate adverse working conditions; since they are discriminated against in the labour market, both male and female migrant workers are pushed into low-skill industries and professions that are more hazardous to health and less well-paid than other jobs, a situation that is justified by racist stereotypes and assumptions. The goal of the HesaMag editorial team in compiling this report was to introduce readers to a number of real-life examples drawn from a variety of EU Member States.


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Eurofound Advertisement

Challenges and prospects in the EU: Quality of life and public services

What have been the major developments in quality of life and public services in Europe in recent years? This flagship publication provides a synthesis of the main findings on several key topics, based, in part, on European Quality of Life Survey data. It maps developments and perceptions regarding the following: trust in institutions and social cohesion; access to and quality of health and care services; the impact of digitalisation on social services; access to services for young people; and measures aimed at integrating refugees. While the report highlights many challenges and emerging issues for public services, it also showcases a number of positive experiences with the involvement of client groups in the design of services and take-up of new technologies.


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