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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
Market solutions can be a way for small deregulated states like the Baltics to grow, but they are not a viable path for the EMU area as a whole or for the larger countries like France, Germany or Italy. As most of the challenges have to be addressed at the national level only, an interaction of...
Persistent link: https://www.econbiz.de/10011956069
In March, the European Commission released its Europe 2020 strategy proposal, which strives for smart, sustainable and inclusive growth and greater policy coordination between the EU and national governments. While the document was greeted with scepticism in some quarters, others believe it lays...
Persistent link: https://www.econbiz.de/10010289352