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The European labour market still faces big challenges

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In the aftermath of the economic crisis, unemployment across European countries soared. Now, 8 years after the crisis kicked in, some improvements have taken place.
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The connection between a slow- down in productivity and growing inequality

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Within the last couple of years, OECD has made several papers about low growth in productivity and rising inequality, respectively. However, in newly published OECD rapports , the focus lies on the connection between growth in productivity and inequality.
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The children are the biggest losers when poverty increases

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Poverty has risen in Europe in the wake of the financial crisis, but the European countries have been affected differently and within countries different groups of people have been affected differently.
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Spanish recovery offers little hope for youth

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Once the new Spanish government is formed, it will be confronted by enormous challenges. An immediate issue will be the budget deficit, which is expected to be around 5.2 per cent in 2015 and 3.6 per cent in 2016.
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Unemployment is a greater threat than demographics

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As populations age, the ratio of old people to the young rises, putting pressure on health services and pensions. In many countries, the size of the working population has passed its peak. In others, declines in the working-age population are prevented only by the arrival of younger immigrants.
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The United Kingdom’s Brexit Vote Leads to a Major Economic Shock

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This Policy Viewpoint projects the economic impact over the next five years of the United Kingdom’s recent vote for Brexit. It is not based, however, on any agreement during this period between the EU and the UK on the latter’s terms of exit.
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Progressive policies for wage-led growth in Europe

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Europe needs a fundamental rethinking of its economic policy. The crisis in Europe has laid bare the fundament flaws of the European economic policy regime based on the Maastricht Treaty and the Stability and Growth Pact.
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Progressive educational policies can keep unemployment low – the Danish case

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Many critics of active labor market policies in Denmark argue that the educational programs within active labour market policies (ALMP) do not work. Study results, however, show that if educational programs aim towards specific job types, they have a positive effect on employment.
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Active labor market policies and low inequality go hand in hand

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Active labor market policies (ALMP) do not only play an important role in getting unemployed quickly back into work. High spending on active labor market policies and low inequality also go hand in hand.
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Rising European poverty and inequality

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This policy brief measures the decreases of the Europeans' living standards an indicator of poverty. Instead of looking at income, the severe material deprivation rate shows how individuals experience inadequate access to basic amenities.
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Eurozone policy-makers should heed deflation warning

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The eurozone is once more on the brink of deflation. As of September, the official estimate of annual price inflation was -0.1 per cent. Inflation has declined steadily from a peak of around three per cent in late 2011.
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Putting the Capital Markets Union on sustainable foundations

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By the end of September 2015, the European Commission launched its Action Plan for a European Capital Markets Union (CMU). By European standards, this ‘most significant EU proposal for the last 10 years’ has proceeded at rapid pace under the leadership of the British Commissioner Lord Hill.
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Is the German Labor market really performing that well?

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Germany was for a lot of years considered the sick man of Europe with chronic low growth, high unemployment, a substantial public deficit and rising debt. But the German economy has taking a turn for the better the last decade.
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Fresh approach for a maternity leave proposal?

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By the end of July, the European Commission proposed to present its roadmap on the initiative replacing the Maternity Leave Directive proposal. This roadmap is supposed to set out ideas towards a broader initiative. But will this go beyond the mere exchange and promotion of best practices?
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International climate cooperation is critical, but not for the reasons you might think

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It is often assumed that comprehensive international cooperation is essential to tackling climate change. But the greatest barriers to avoiding dangerous climate change can be found at home, within individual countries. International cooperation needs to adapt to this reality.
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The empirical case for a wage-led recovery

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Ozlem Onaran, Professor of Workforce and Economic Development Policy, University of Greenwich (UK) and Thomas Obst, PhD Candidate, University of Greenwich (UK) analyse the role of wage moderation policies promoved by Europe 2020.
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Ring-fencing Banks: who is doing it, why and will it work?

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Andrew Campbell, Professor from University of Leeds, and Paula Moffat, Principal Lecturer from Nottingham Law School analyse the ring-fencing of certain bank activities to protect consumers by reducing the level of risk.
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Europe needs a wage-led recovery

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Ozlem Onaran describes the new Jobs, Growth and Investment Package of the European Commission (EC) as an attempt to acknowledge the investment deficit in the EU, albeit with insufficient funding.
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Solving the Greek Debt: An Attractive Compromise

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Policy Viewpoint n4 2015 Stephanny Griffith-Jones and Inge Kaul highlight in this Policy Viewpoint the urgent need to reach a solution of the Greek debt problem that is effective and beneficial for Greece, its Eurozone creditors, as well as for the whole European and global economy.
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SYRIZA: things will change but not as you expect

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The potential for a SYRIZA-led government has led many commentators to argue that this will mean a turn in Greek politics resulting to the transformation of Greece into communism. Various things may happen but any essential transformation is out of the question. Policy Viewpoint n.2 - 2015
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National elections in Greece – A turning point in the Eurozone crisis?

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In the short electoral period SYRIZA (acronym for the Coalition of the Radical Left) is steadily leading the opinion polls by a comfortable margin of 4%. This has caused a great deal of concern to the European leaders, as well as to the financial markets. Policy Viewpoint n.1-2015
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RECOVERING INVESTMENT, JOBS AND GROWTH IN EUROPE. A PROPOSAL. Policy viewpoint n.9. November 2014

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This EPV highlights two promising paths to use limited public resources to finance the 300 billion investment plan proposed by Juncker. Further, this brief argues that when the investment plan is accompanied by a more expansionary fiscal stance it could generate up to 5 million jobs across Europe
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TTIP: another free-trade charade? Economic Policy Viewpoint n.8. October 2014

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Giovanni Cozzi calls into question the old rhetoric that free trade is a win-win proposition regarding the TTIP. He claims negotiations focused on public interest and the protection of fundamental rights instead of putting the interests of corporations first.
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Bringing Europe back to life using investment. Economic Policy Viewpoint n.4. July 2014

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This Economic Policy Viewpoint, by Giovanni Cozzi and Stephany Griffith-Jones, focus on the authors' specific proposal for how an additional expansion of EIB capital and lending, accompanied by new instruments, can lead to a major boost in investment in the EU.
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Youths are trapped in unemployment. Economic Policy Viewpoint N.3 June 2014

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This Economic Policy viewpoint by Erik BJ Orsted focus on the dramatic increase of Youth Unemployment caused by the economic crisis and proposes some iniciatives to tackle this phenomenon at national and European level.
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The UK's debt-led recovery is unsustainable. Economic Policy Viewpoint No.2 April 2014

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This Economic Policy Viewpoint by Dr. Jo Michell (Lecturer in Economics, University of the West of England) examines the sources of demand underlying the economic recovery in the UK. It shows that the upturn in GDP is the result of a resurgence in the expansion of credit to households.
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