Social Europe, 29 Ιουνίου
Economic policy has predominantly been run on neoliberal lines, notably since the 1970s. This trend has manifested itself in the liberalization of markets, cuts in public investment, de-regulation, privatization and marginalization of trade unions. The credo runs: The less government interferes in the market and the more it improves the framework conditions for companies (aka supply side), the better for the economy. Growth should then slowly percolate down to the least privileged people (“trickle-down-effect”). The results have fallen way short of expectations – and turned out to be quite the opposite!
Σχετικές Αναρτήσεις
- Marelli, Enrico, Signorelli, Marcello, (2017), «Deepening the Economic and Monetary Union: What the Commission missed in its reflection paper», LSE EUROPP, 20 Ιουνίου
- Batsaikhan, Uurintuya, Zsolt, Darvas, (2017), «Europeans rediscover enthusiasm for globalisation», Bruegel, 4 Μαϊου