Promoting Sustainable And Inclusive Growth And Convergence In The European Union
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Promoting Sustainable And Inclusive Growth And Convergence In The European Union
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Author : Maria Demertzis
language : en
Publisher:
Release Date : 2022
Promoting Sustainable And Inclusive Growth And Convergence In The European Union written by Maria Demertzis and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022 with categories.
Promoting Sustainable And Inclusive Growth And Convergence In The European Union
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Author : Maria Demertzis
language : en
Publisher:
Release Date : 2019
Promoting Sustainable And Inclusive Growth And Convergence In The European Union written by Maria Demertzis and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019 with categories.
The European Union can look ahead at the next five years from a good economic position. Employment is comparatively high, the recovery has been uninterrupted for several years and income inequality remains less pronounced than elsewhere in the world. But the EU faces nevertheless formidable economic challenges. In the short-term, there is the potential for strong macroeconomic weakening, resulting partly from uncertainty generated by the global trade conflict. The EU also has a long-term growth and productivity weakness. Finally, the EU, especially the euro area, suffers from a lack of convergence and its social cohesion is threatened. the EU must put together a European growth strategy that focuses on innovation while addressing climate change and improving social cohesion. Growth requires investment, research and innovation. While the current debate on industrial policy is welcome, the EU should be careful to maintain, or even improve, the conditions for growth in Europe and must avoid falling into the protectionism trap. To achieve its climate goals, the EU must ensure that its consumption and its production become greenhouse-gas emission neutral by 2050 or earlier, implying a massive transformation of all economic activities. This will pose major economic and social challenges. Distributional concerns will therefore have to figure prominently in this transformation. More generally, the benefits of growth need to be distributed more fairly in our societies. While social policy is and should remain a national responsibility, the EU needs to ensure that the single market, a key asset to promote growth and economic well-being, does not undermine the ability of countries to raise taxes on capital income, wealth and inheritance. A rising tax burden on the working middle class might have already become incompatible with Europe's social market economy. convergence in the eu and in the euro area is a necessity: the European growth strategy cannot be blind to sustained regional growth differences. An EU in which economic growth does not spread through all of its major regions will be politically challenged. The paradox is that many of the policy instruments to address this problem remain in the hands of national policymakers, even though the way they use them has significant implications for the rest of the EU. The EU supports convergence through its budget and technical support but the fundamentals of this paradox remain. In the euro area, further measures are needed to address some of the systemic causes of divergence. In particular, it is imperative to complete banking union and for capital markets to become more integrated, since a well-functioning financial system is fundamental for growth. A euro-area safe asset would bring benefits but is difficult to establish. EU fiscal rules need to be reformed to improve the macroeconomic management of the euro area. A euro-area budget and more responsive national fiscal policies are important tools to better respond to cyclical downturns. Finally, the relationship between the euro area and non-euro area countries needs to be addressed.
Unwrapping The European Social Model
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Author : Serrano Pascual, Amparo
language : en
Publisher: Policy Press
Release Date : 2006-07-12
Unwrapping The European Social Model written by Serrano Pascual, Amparo and has been published by Policy Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-07-12 with Political Science categories.
The notion of the European Social Model (ESM) has been one of the fastest growing in European political and academic discourse in recent years. It is conventionally used to describe the European experience of simultaneously promoting sustainable economic growth and social cohesion. However, the concept has suffered from a lack of clear definition. And where definitions have been found in the literature, they do not necessarily converge. This book presents the outcome of a project coordinated by the European Trade Union Institute in which experts from different countries and social scientific disciplines (sociology, political science and economics) were invited to reflect on both the meaning and political status of the concept of the ESM. In addition to analysing the ambiguities and multiple meanings attributed to the concept, the authors unpick the underlying assumptions and make use of a new approach - the ESM as political project - with which European countries can build consensus and share a common understanding. Offering a new analytical framework and with new empirical evidence, Unwrapping the European Social Model is essential reading for all those involved in European social policy research, education, policy and practice.
Competitiveness And Growth In Europe
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Author : Susanne Mundschenk
language : en
Publisher: Edward Elgar Publishing
Release Date : 2006-03-29
Competitiveness And Growth In Europe written by Susanne Mundschenk and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-03-29 with Business & Economics categories.
"It will be of particular interest to researchers and policy makers working in the fields of competitiveness and growth in the context of economic and monetary integration as well as to academics of European studies in general."--BOOK JACKET.
Smart Sustainable And Inclusive Growth
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Author : Charlie Karlsson
language : en
Publisher: Edward Elgar Publishing
Release Date : 2019
Smart Sustainable And Inclusive Growth written by Charlie Karlsson and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019 with Business & Economics categories.
This study explores the Europe 2020 strategy and the role of European political entrepreneurship in debating, shaping and implementing this strategy within the EU. The book sets out to explore the content, conditions and consequences of Europe 2020 by analysing the plan for a future prosperous EU economy. The main focus is on European political entrepreneurship and how the strategy has been debated and decided on, and then implemented from a governance perspective with multiple European actors.
Cohesion And Growth
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Author : Willem Molle
language : en
Publisher: Routledge
Release Date : 2015-05-15
Cohesion And Growth written by Willem Molle and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-05-15 with Business & Economics categories.
To combat economic disparity and low growth, the European Union has established an integrated policy system that pursues increased cohesion and smart, sustainable, and inclusive growth. This integrated approach is realized through thousands of development projects and takes up more than a third of the total budget of the European Union. Despite its significance, the policy is subject to many misunderstandings and there is a lot of controversy surrounding its effectiveness. Cohesion and Growth seeks to bring clarity to these issues. It presents both the theoretical and practical aspects of EU intervention, a critical contribution to the understanding of the anatomy of the problems and the way to apply effective solutions to them, and a systematic view of the issues at each of the subsequent stages of the whole policy cycle. Offering an authoritative analysis of the problems and debates involved, this book is essential reading for students, policy makers, project promoters and researchers concerned with this key area of European policy making.
Fiscal Transfers And Economic Convergence
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Author :
language : en
Publisher:
Release Date : 2020
Fiscal Transfers And Economic Convergence written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020 with categories.
Before the outbreak of the coronavirus (COVID-19) pandemic, discussions were already taking place on how to complete Economic and Monetary Union (EMU) and increase its resilience, inter alia, by speeding up economic convergence. The impact of the current unprecedented crisis on the euro area economy has given the debate new impetus. As a contribution to this topic - and without going into details of new mechanisms for crisis resolution - this paper analyses the role of fiscal transfers in real and business cycle convergence at a regional level. The paper distinguishes between net fiscal transfers - a broad measure defined as the ratio between disposable and primary incomes - and EU structural and investment funds. It provides evidence that net fiscal transfers have contributed to income redistribution across regions and to faster convergence in disposable incomes, although not to higher economic growth and real convergence. More positive evidence has been found for the role of the EU structural and investment funds over the medium term, based on the newly available - and richest so far - European Commission database. Going forward, in addition to efficiency considerations, which are important for real convergence, recommendations on the size and allocation of fiscal transfers should account for their impact on the business cycle. At the same time, in the longer run, it should be borne in mind that fiscal transfers are no substitute for genuine structural reforms and sound macroeconomic and fiscal policies when it comes to promoting sustainable economic growth and convergence.
Three Foundations A Competitive Sustainable Inclusive Europe
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Author : European Investment Bank
language : en
Publisher: European Investment Bank
Release Date : 2019-11-11
Three Foundations A Competitive Sustainable Inclusive Europe written by European Investment Bank and has been published by European Investment Bank this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-11-11 with Business & Economics categories.
Europe faces a historic opportunity. We need to reimagine European unity as a collective endeavour, as the only way in which we can turn threats to our way of life into the possibility to create a better life for all. This report focuses on three core areas where EU-wide political ambition and investment are truly necessary: Rapid technological change amid increasing global competition Increasing breakdown of the global climate and other ecosystems due to our economic system Growing threats to social cohesion and social sustainability from multiple trends Competitiveness, sustainability and inclusion have to be addressed together, holistically. This is why this report addresses all three with a focus on the complex interlinkages between them. The vital role of far-sighted investment is a key theme that emerges from this investigation. The critical role of European-level collaboration is another. Instead of merely adapting to change, we need to be proactive through timely reform and investment that sets us on a pathway towards a society that is productive, sustainable and inclusive, by design.
Handbook Of Research On Policies And Practices For Sustainable Economic Growth And Regional Development
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Author : Korres, George M.
language : en
Publisher: IGI Global
Release Date : 2017-03-21
Handbook Of Research On Policies And Practices For Sustainable Economic Growth And Regional Development written by Korres, George M. and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-03-21 with Business & Economics categories.
New developments in socio-economics aid in increased productivity of manufacturing. These advances result in long-term improvement of competitiveness and innovation. The Handbook of Research on Policies and Practices for Sustainable Economic Growth and Regional Development is an essential reference publication for the latest scholarly information on the role of socio-economics in sustainable development initiatives. Featuring coverage on a variety of topics and perspectives including social economy innovation, cultural management, and social networking, this publication is ideally designed for researchers, policy makers, and academicians seeking current research on different determining factors of social consequences resulting from economic crisis.
Towards Cohesion Policy 4 0
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Author : John Bachtler
language : en
Publisher: Routledge
Release Date : 2019-11-06
Towards Cohesion Policy 4 0 written by John Bachtler and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-11-06 with Business & Economics categories.
In the context of the debate on the future of Europe, this book makes the case for a new approach to structural transformation, growth and cohesion in the EU. It explores both the opportunities and challenges from globalisation and technological change, the widening differences in productivity between leading and lagging regions, and the need for a new policy framework capable of delivering inclusive growth. The Regional Studies Association’s Policy Impact Books form a series of punchy, policy facing books addressing issues of contemporary concern. There is a consistent focus on the impact of policy research both in terms of its reach to policy, academic and practitioner communities and also in its significance, to show how evidence can inform policy change within regional and urban studies.