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...

There is evidence that a budget consolidation strategy can work with only a small and short lived negative impact on growth. However, this time consolidation is taking place in the aftermath of a deep crisis which had lead to increased levels of uncertainty. In addition the financial sector, as...

The European project is a long-run success story. Up to the 1990s, Europe thrived and experienced rising prosperity, as well as a catching up process with technology frontiers, while simultaneously extending its welfare model. The integration process, starting with six member states, led to a...

The European project is a long-run success story. Up to the 1990s, Europe thrived and experienced rising prosperity, as well as a catching up process with technology frontiers, while simultaneously extending its welfare model. The integration process, starting with six member states, led to a...

There is evidence that a budget consolidation strategy can work with only a small and shortlived negative impact on growth. However, many countries are currently trying to consolidate at the same time as firms and consumers are deleveraging. We develop ten guidelines for consolidation during...

Ist die Zunahme der Staatsverschuldung ein Problem und ist es sinnvoll und möglich, die Staatsschulden zu tilgen? Manfred Overhaus, ehemals Staatssekretär im Bundesministerium der Finanzen, stellt ein Konzept vor, das die im Grundgesetz verankerte Schuldenbremse in eine Schuldentilgung, die...