Where To? - The European Unemployment Post Crisis

Where To? - The European Unemployment Post Crisis PDF Author: Simona Mihai Yiannaki
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
Purpose: When the scales try to balance between 6.5% and 25% unemployment rates in the European Union, performance indicators seem to become difficult to interpret and forecast, let alone the unemployment trend itself. In other comparative terms as to the post financial crisis that hit the World in 2007-2010, Europe's performance looks unfavorable compared to the one of the U.S. One of the reason presented resides in the E.U.'s four-folded modular pattern in social and political policies compared to a relatively unitary one across the Ocean. Design: The study uses literature review, secondary and tertiary published data to analyse the construct of the underlined concept from three perspectives: the New Classical Macroeconomics theory related to unemployment, a new approach of relationship with exchange rates and hence a financial perspective and from legal aspects of a social policy as drawn by the latest Lisbon Treaty. Findings: Despite strong evidence support of similar reactions with the post crisis situation of 1973, the answer to a certain degree of inability to understand the fundamental causes of the problem, at economic, social or political represents just a failure to find the advanced applied social policies that may solve it. This has challenge the author to present several recommendations in this respect and readjust the optimistic E.U. unemployment rate for 2010 from an average of 11% to 13%. Originality: This paper offers three previously not correlated angles to look at the unemployment dynamics after the adoption of the Lisbon Treaty in the E.U. and, at the same time after the most recently experienced world financial crisis.

Where To? - The European Unemployment Post Crisis

Where To? - The European Unemployment Post Crisis PDF Author: Simona Mihai Yiannaki
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Get Book Here

Book Description
Purpose: When the scales try to balance between 6.5% and 25% unemployment rates in the European Union, performance indicators seem to become difficult to interpret and forecast, let alone the unemployment trend itself. In other comparative terms as to the post financial crisis that hit the World in 2007-2010, Europe's performance looks unfavorable compared to the one of the U.S. One of the reason presented resides in the E.U.'s four-folded modular pattern in social and political policies compared to a relatively unitary one across the Ocean. Design: The study uses literature review, secondary and tertiary published data to analyse the construct of the underlined concept from three perspectives: the New Classical Macroeconomics theory related to unemployment, a new approach of relationship with exchange rates and hence a financial perspective and from legal aspects of a social policy as drawn by the latest Lisbon Treaty. Findings: Despite strong evidence support of similar reactions with the post crisis situation of 1973, the answer to a certain degree of inability to understand the fundamental causes of the problem, at economic, social or political represents just a failure to find the advanced applied social policies that may solve it. This has challenge the author to present several recommendations in this respect and readjust the optimistic E.U. unemployment rate for 2010 from an average of 11% to 13%. Originality: This paper offers three previously not correlated angles to look at the unemployment dynamics after the adoption of the Lisbon Treaty in the E.U. and, at the same time after the most recently experienced world financial crisis.

European Social Models from Crisis to Crisis

European Social Models from Crisis to Crisis PDF Author: Jon Erik Dølvik
Publisher:
ISBN: 9780198798866
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
Europeans use 'social models' to refer to the combination of welfare state, industrial relations, and educational institutions jointly structuring what we can think of as the supply-side of the labor market. The dominant view in controversy over the social models has been that in the name of equity they have impaired the labor market's efficiency, thereby causing unemployment. But doubt is cast on this supply-side-only diagnosis by powerful macroeconomic developments, from the Europe-wide recession following Germany's post-unification boom to the deepest economic crisis since the interwar Great Depression, which the Eurozone's truncated economic governance structure transformed into a sovereign debt crisis, threatening the Euro's and even EU's very survival. This book explores the interaction of Europe's diverse social models with the major developments that shaped their macroeconomic environment over the quarter century since the fall of the Berlin Wall. It concludes that this environment rather than the social models are primarily responsible for the immense social costs of the crisis.

Employment, Mobility and Social Investment

Employment, Mobility and Social Investment PDF Author: Sofia Fernandes
Publisher:
ISBN:
Category : Europe
Languages : en
Pages : 14

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Book Description
The economic and financial crisis has taken a heavy toll on social Europe. Today's social imbalances are unacceptable, not only because they call into question the ambition that the EU has set itself to promote social progress, cohesion and justice, but also because they inevitably impact the member states' economic performance and political stability. Though social reality varies widely from one European country to the next, and though social and employment policies are national competences, the post-crisis EU needs to strengthen its "social face". The social dimension of the European project must be mainstreamed into all EU policies: the goals of full employment and those of social justice and cohesion must be embraced by the Commission as a whole rather than solely by the commissioner responsible for employment and social affairs. Moreover, social issues cannot be reinstated at the heart of Europe's action unless and until dialogue and a relationship of trust between the EU and the social partners are restored. On the basis of the above premises, the Commission must establish priorities for action capable of allowing it to improve citizens' future prospects (which includes defending the European "way of life" based on national welfare states, to which Europe's citizens fell immensely attached) and to counter the image of Europe as an actor that allows unfair social competition to take place among workers. Without intending to exclude other issues from EU's social agenda, we have identified three key issues for post-crisis social Europe: employment (part 1), mobility (part 2) and social investment (part 3).

The European Economy

The European Economy PDF Author: Andrea Boltho
Publisher: New York : Oxford University Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 692

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Book Description
Monograph of essays (comparison) on economic policies and economic growth trends and issues from the 1950s in Western Europe - discusses economic reconstruction, economic recession, the labour market, unemployment, income redistribution, trade, the EC, inflation, money supply, public expenditure, supply and demand management and regional development policies, monetary policies, fiscal policies, wage policies, financial policies incomes policies, etc., and compares with Eastern Europe. Bibliographys, graphs, maps and references.

Youth and the Crisis

Youth and the Crisis PDF Author: Gianluigi Coppola
Publisher: Routledge
ISBN: 1317484576
Category : Business & Economics
Languages : en
Pages : 294

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Book Description
The recent recession has led to an ongoing crisis in the youth labour market in Europe. This timely book deals with a number of areas related to the context, choices and experiences of young people, the consequences of which resonate throughout their lives. The focus of the contributions to this volume is on issues which, whilst undoubtedly important, have thus far received less attention than they arguably deserve. The first part of the book is concerned with issues related to education and training, covering matters such as the role of monopsony in training, the consequences of over-education, and the quality of educational institutions from primary to tertiary. The second part is primarily concerned with the long-term consequences of short-term choices and experiences including contributions on health-related choices, health consequences later in life, factors affecting the home-leaving decision, as well as an analysis of the increasing intergenerational transmission of inequality; a trend which accelerated during the recession. The last part of the book deals with issues related to youth unemployment and NEET – the direct consequence of the recession. This book contains a number of innovative analyses reporting significant findings that contrast with standard models. Some of the more interesting results directly contradict conventional wisdom on a number of topics from the importance of monopsony in training markets to the importance of transitory income changes on consumption of addictive goods. This book is suitable for those who study labor economics, political economy as well as employment and unemployment.

Economic Crisis in Europe

Economic Crisis in Europe PDF Author: Paul van den Noord
Publisher:
ISBN: 9789279153631
Category : European Union countries
Languages : en
Pages : 0

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Book Description
The European economy is emerging from its deepest recession since the 1930s. This volume, which brings together economic analysis from the European Commission services, explains how swift policy response avoided a financial meltdown. Europe also needs an improved co-ordinated crisis-management framework to help it respond to any similar situations that may arise in the future. Economic Crisis in Europe is a much-anticipated volume which shows that the beginnings of such a crisis-management framework are emerging, building on existing institutions and legislation and complemented by new initiatives.

Governance and Politics in the Post-Crisis European Union

Governance and Politics in the Post-Crisis European Union PDF Author: Ramona Coman
Publisher: Cambridge University Press
ISBN: 1108482260
Category : Political Science
Languages : en
Pages : 445

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Book Description
An original new textbook providing an up-to-date, critical perspective of how the EU works, and what issues it faces, in the post-crisis era.

The Cross-Country Incidence of the Global Crisis

The Cross-Country Incidence of the Global Crisis PDF Author: Mr.Gian Milesi-Ferretti
Publisher: International Monetary Fund
ISBN: 1455201820
Category : Business & Economics
Languages : en
Pages : 41

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Book Description
We examine whether the cross-country incidence and severity of the 2008-2009 global recession is systematically related to pre-crisis macroeconomic and financial factors. We find that the pre-crisis level of development, increases in the ratio of private credit to GDP, current account deficits, and openness to trade are helpful in understanding the intensity of the crisis. International risk sharing did little to shield domestic demand from the country-specific component of output declines, while those countries with large pre-crisis current account deficits saw domestic demand fall by much more than domestic output during the crisis.

Governing Social Risks in Post-Crisis Europe

Governing Social Risks in Post-Crisis Europe PDF Author: Colin Crouch
Publisher: Edward Elgar Publishing
ISBN: 1781004013
Category : Business & Economics
Languages : en
Pages : 315

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Book Description
In this illuminating book Colin Crouch examines the diverse approaches presented by advanced societies in their attempts to resolve a central dilemma of a capitalist economy: the need to combine buoyant mass consumption with insecure workers, subject t

Economic Crisis, Health Systems and Health in Europe

Economic Crisis, Health Systems and Health in Europe PDF Author: Sarah Thomson
Publisher: Open University Press
ISBN: 9780335264001
Category : Europe
Languages : en
Pages : 0

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Book Description
Economic shocks pose a threat to health and health system performance by increasing people's need for health care and making access to care more difficult - a situation compounded by cuts in public spending on health and other social services. But these negative effects can be avoided by timely public policy action. While important public policy levers lie outside the health sector, in the hands of those responsible for fiscal policy and social protection, the health system response is critical. This book looks at how health systems in Europe reacted to pressure created by the financial and economic crisis that began in 2008. Drawing on the experience of over 45 countries, the authors:' analyse health system responses to the crisis in three policy areas: public funding for the health system; health coverage; and health service planning, purchasing and delivery 'assess the impact of these responses on health systems and population health' identify policies most likely to sustain the performance of health systems facing financial pressure' explore the political economy of implementing reforms in a crisisThe book is essential reading for anyone who wants to understand the choices available to policy-makers - and the implications of failing to protect health and health-system performance - in the face of economic and other forms of shock.--