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Economic inequalities are engendered by a complex process, characterised by several steps and involving the interaction of several factors. The best indicator of individual economic well-being is disposable equivalised income. Evidence shows that welfare states retain a crucial function in...
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Economic recovery post-COVID-19 will be structured around answering a number of fundamental questions. It is necessary to take stock of the extent of the recovery and of the transformation our economies have experienced in the last year and a half.
Persistent link: https://www.econbiz.de/10013343161
The coronavirus crisis has led to a sharp increase in the debt-to-GDP ratios of the euro area member states. Without external support, access to the capital market could be seriously threatened in the medium term for Italy, but also for other member states. While the Pandemic Emergency Purchase...
Persistent link: https://www.econbiz.de/10012700523
By April 2021, the COVID-19 crisis in Europe had reached a magnitude that, in the eyes of some observers, either deepened lingering divides and threatened the EU's very existence, or, conversely, forced the Union to address the fundamental flaws of its euro area and provided an opportunity to...
Persistent link: https://www.econbiz.de/10012700537
The economic crisis has given rise to significant challenges to the welfare state. Given that welfare expenses account for a large proportion of all state spending in the member countries of the European Union, reducing government spending means cutting welfare measures. Yet social protection,...
Persistent link: https://www.econbiz.de/10010471473
The sugar industry is a major provider of jobs and income for sugar-exporting countries in Africa. The lower sugar prices that were caused by the recent liberalisation of the EU sugar market may not only jeopardise economic development in those countries, but the reforms also create difficulties...
Persistent link: https://www.econbiz.de/10012700539
WWWforEurope has developed a comprehensive strategy to set Europe on a path to a socio-ecological transition. The strategy begins by renouncing the long-established concept of using GDP growth figures as the benchmark for economic and societal progress. In contrast, it sets “well-being in a...
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