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Paths to full employment

Bernstein, J., (2013), “Paths to full employment”, The New York Times, Economix Blog, 02 December. Economists like me, who stress the importance of full employment, have a bad habit. We go on and on about the problem of slack labor markets – their negative impact on the living standards of middle- and lower-income families, their persistence in recent decades – and then we stop without saying what might be done …Read More

The Greek paradox

Karamouzi, E., (2013), “The Greek paradox”. In LSE, The Crisis of EU Enlargement, London: LSE !deas. In recent years, Greece’s place in the EU has been ferociously debated as Athens’ financial and economic woes continue to trouble the stability of the euro and rattle the Eurozone markets. Contemporary press and European political elites alike engage in a seemingly endless blame game over the political origins of the Greek financial crisis. …Read More

Manufacturing Europe’s Future

Veugelers, R. (ed.), (2013), Manufacturing Europe’s Future, Brussels: Bruegel. ‘Industrial policy is back!’ This is the message given in the European Commission’s October 2012 communication on industrial policy (COM(2012) 582 final), which seeks to reverse the declining role of the manufacturing industry, and increase its share of European Union GDP from about 16 percent currently to above 20 percent. Historical evidence suggests that the goal is unlikely to be achieved. …Read More

A Schuman compact for the euro area

Mody, A., (2013), “A Schuman compact for the euro area”, Bruegel, Bruegel Essay and Lecture Series, November. Five years of crisis have pushed Europe to take emergency financial measures to cushion the free fall of distressed countries. However, efforts to turn the crisis into a spur for “an ever closer union” have met with political resistance to the surrender of fiscal sovereignty. If such a union remains elusive, a perpetual …Read More

Deepening the EMU: How to maintain and develop the European social model?

Fernandes, S. and Maslauskaite, K., (2013), Deepening the EMU: How to maintain and develop the European social model?”, Notre Europe – Jacques Delors Institute, Studies and Reports 101, November. Notre Europe – Jacques Delors Institute publishes a study commissioned by the Federal Chancellery of Austria on the impact of the reforms currently implemented or mooted on national welfare states in the EMU. As Jacques Delors underlines in the foreword of …Read More

The Next Europe: Toward a Federal Union

Berggruen, N. and Gardels, N., (2013), “The Next Europe:Toward a Federal Union”, Foreign Affairs, July/August Issue. When the heads of the EU’s three major institutions — the European Commission, the European Council, and the European Parliament — collected the Nobel Peace Prize together in Oslo last December, they spotlighted the vague mandate and lack of institutional clarity that are at the core of the organization’s current problems. Unless these institutions …Read More

Trade unions in Europe: Dinosaurs on the verge of extinction?

Schnabel, C., (2013), “Trade unions in Europe: Dinosaurs on the verge of extinction?”, VoxEU, 18 November. Though trade union density and its trends vary considerably across Western European countries, in most of them the current density has fallen down in comparison to 30 years ago. This column reviews some explanations for the decline of unionisation and discusses some of the challenges unions need to face. Union membership could still be …Read More

Government at a Glance 2013

OECD, (2013), Government at a Glance 2013, Paris: OECD Publishing. Government at a Glance 2013 provides readers with a dashboard of key indicators assembled with the goal of contributing to the analysis and international comparison of public sector performance. Indicators on government revenues, expenditures, and employment are provided alongside key output and outcome data in the sectors of education and health. Government at a Glance also includes indicators on key …Read More

Youth unemployment, socio-economic divergences and fiscal capacity in the euro area

Rodrigues, M.J., (2013), “Youth unemployment, socio-economic divergences and fiscal capacity in the euro area”, Notre Europe – Jacques Delors Institute, Policy Paper No.101, November. While the European Heads of States and Governments, institutions, and social partners meet at the High level conference on youth employment in Paris, Notre Europe – Jacques Delors Institute publishes a Policy Paper on these issues, by Maria João Rodrigues, member of our board of directors. …Read More

Towards A Progressive Economy For Europe

Swoboda, Η.  and Hughes, S., (2013), “Towards A Progressive Economy For Europe”, Social Europe Journal, 11 November. Europe’s current misfortune is not just that it was hit by the most severe financial crisis in decades. It has also come from the fact that this crisis occurred during a time in which economic thinking was, and still remains, dominated by old concepts and neoclassical models. Back in 2008 and 2009, survival …Read More