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The European Commission proposes a pan-European support for short-time work arrangements (SURE). This column discusses the relationship between this proposal and the idea of a European unemployment re-insurance scheme, to which the Commission also refers in its Communication on SURE. We sketch...
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Does integration advance through crises, as hinted by policy-makers such as jean Monnet or Romano Prodi? To what extent failure in responding to crises may lead to disintegration instead? Building on Historical-Institutionalist and Neofunctionalist approaches, as well as on macroeconomics this...
Persistent link: https://www.econbiz.de/10012848563
The debate on automatic stabilizers for the Euro area is definitely on the agenda. Analytically, the case for a stabilisation capacity is compelling; politically it is an uphill battle. We therefore need a careful exploration of different scenarios and a thorough understanding of how they fit...
Persistent link: https://www.econbiz.de/10012953675
Does a monetary union, for it to be successful, impose limits on the diversity of labour market policies and institutions in its member states? I argue that one should not overstretch functionalist arguments in this matter; the problem at hand is political and the challenge is to identify common...
Persistent link: https://www.econbiz.de/10015288300