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Next Economy
Setting minimum wages is a way to head off the ongoing threat of economic, tax and social dumping within the European Union. Guillaume Balas sets out some of the options that policymakers should take on board. The European Union continues to face major economic and social challenges which have...
A European system of minimum wages can help bring people out of poverty as well as contribute to equality, higher productivity and healthier public sector budgets. Establishing a sufficiently high statutory minimum wage is one of the most effective policy tools to tackle the worrisome growth of in-work poverty....
To revive democracy in Europe we must produce a European budget that provides added value to all citizens. An EU budget under the control of the European Parliament will result in long-term investments backed up by a revised budget. A long-term vision is crucial if we are to take...
The EU budget is too often seen as a cumbersome obligation which has to be satisfied with money instead of a possible tool to increase investment in the European Union. And yet, for half a century, EU cohesion policy has been helping to reduce disparities in economic development and social...
Much more than a question of the macroeconomic stabilisation of a sub-optimal monetary zone, the question of the European budget remains a constitutive element of the political community. The EU is suffering from a crisis in public power which requires a budgetary leap of faith: a budget that is able...
The euro area has spent the best part of a decade fighting for survival. Significant institutional reforms have been introduced. More recently, the eurozone has been enjoying its strongest recovery since the financial crisis but complacency would be misplaced and the favourable economic expansion should be used as a unique...
Back in 1999, when the dot.com boom was at its height and I was, amongst other things, the Chief Financial Officer of a tech company, few people if any thought that the foundation of the value of the companies that were already seriously over-valued at that time would be their...
At first glance, the German economy appears to be in excellent condition. But a second look reveals hairline cracks in the economic structure, the economic and political consequences of which are as yet hard to predict. This is apparent not least from the emergence of nationalist-populist political ideas whose economic...
Given that our economies are being reshaped and challenged by the digital revolution, our policies need to evolve to deal with this new type of wealth creation. One of the big issues is how to ensure that internet companies pay their fair share of taxes. MEP Pervenche Berès explains why...
The Great Recession and the errors in European economic policy have led to a sharp increase in inequalities; a problem that, along with climate change, is the particular challenge for Europe in the next decades. The inequalities that are emerging are morally unjust, undermining economic growth and dangerously undermining...