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The recent "Employment and Social Developments" report by the European Commission has drawn a bleak picture of the economic situation in Europe. Unemployment levels are on record-highs, household incomes have declined, and risks of poverty and social exclusion have risen, most notably in...
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adequate design. I find that a case for regional policy cannot be denied, but that the EU largely overstates the need for such … a policy at EU level, and should abstain from direct structural interventions into regional economies. …
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