A ‘golden rule’ of exempting certain types of social spending from the Eurozone fiscal rule book for about a decade would allow to invest in human capital, skills and health.
Professor of Political Science and Sociology at the European University Institute in Florence, has written numerous books and articles on welfare policy and employment relation and regulation, European politics and economics. Recent publication (Oxford University Press): The Uses of Social Investment (2017).
Social investment is about long term investment in social policies.