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Why Social Investments Bring Multiple Benefits

Woess, Josef, Buxbaum, Adi, (2015), “Why Social Investments Bring Multiple Benefits”, Social Europe Journal, 28 July

Austerity measures put social cohesion at immense risk and restrain the growth dynamic in Europe. Furthermore, these measures have massively damaged the confidence of citizens in European and national institutions. Failing to solve problems such as high unemployment or a lack of social infrastructure is a very expensive option, associated with massive costs for individuals and society. In the short run, deciding not to counteract these costs with social investment can benefit public budgets.

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