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The report Benchmarking Working Europe 2014 reviews the crisis and EU austerity policies in the last five years from the point of view of Europe's social agenda. The publication, written by the research team of the ETUI, offers an overview of the most important statistics on the EU’s macroeconomic situation, labour market developments, inequality and poverty, deregulation of labour law, wages and collective bargaining, health and safety at work, worker participation rights and the impact of austerity on the green agenda. The Benchmarking Working Europe report comprises a critical, fact-based diagnosis of the first five years of the EU’s crisis management policies in view of the Europe 2020 agenda. It suggests that Europe finds itself “half-way through a lost decade” and provides the scientific underpinning of the ETUC’s political roadmap for a ‘new path for Europe’. The publication demonstrates that the European Union is in need of a fundamental change of course.
Published every year, the report analyses the state of working Europe explaining with the aid of statistics and graphs the main trends in terms of Europe’s macro-economic situation, its labour market development, the situation of wages and collective bargaining, and worker participation. The focus of this year’s Benchmarking report is on the lessons learned – or not learned – from eight years of economic crisis and austerity policy. The findings point to policy failures and to the need to redefine alternatives in order to get Europe back on a sustainable growth path. The deterioration of the labour market and social situation in the EU, along with the appointment of a new Commission last autumn, have led to some renewed policy initiatives that seek to restore growth as a means of addressing the situation. The most notable of these initiatives is the Annual Growth Survey with its three pillars: the Investment Plan, fiscal responsibility and structural reforms.
Widening economic and social gaps among EU member states, as well as among different groups and categories of citizens within society, are not only placing in jeopardy the future of Social Europe but threatening to undermine also the whole project of European integration. The post-2008 recession and debt crisis, helped along by EU leaders’ obstinate clinging to the failing remedies of fiscal austerity, have accelerated the disenchantment of millions of European citizens with the half-century-old project to build and consolidate a European Union. This is one of the most striking conclusions of the ETUI’s Benchmarking Working Europe report for 2013. Benchmarking Working Europe is one of the ETUI’s regularly appearing flagship publications. Issued annually since 2002, the report offers an alternative perspective on EU developments. Using publicly accessible data, it reveals what is actually going on behind the EU social and economic affairs headlines. After last year’s issue focused on growing inequality in Europe, this year’s Benchmarking Working Europe report will demonstrate by means of hard-hitting graphs and cogent arguments that Europe is, rather than converging, actually drifting apart in numerous respects.
Is the Europe 2020 strategy leading us, as it promises, towards smart, sustainable and inclusive growth? This is the main question addressed by this publication on the eve of this year’s Spring European Summit. The ETUC and ETUI offer a critical assessment of the strategy and its various components: will it be able to provide a framework for the creation of more and better-quality jobs? Are the policies and indicators set to promote an increase in social cohesion? How can workers better participate in the achievement of these various aims? Benchmarking Working Europe 2011 is structured in eight topical chapters illustrated by a significant number of graphs, and has a completely new layout. The various chapters on the different facets of Europe 2020 contain a carefully argued and critical analysis of the design and contents of the European mid-term strategy and of the state of the European economic, employment and social indicators. They question the underlying foundation which firmly places the emphasis on fiscal consolidation while neglecting the need for economic growth and quality jobs. The major problem is that, if the (macro) economics are wrong, all the other laudable targets and procedures in the Europe 2020 strategy – raising education standards and R&D spending, reducing poverty – will prove entirely illusory, further undermining the credibility of Europe. Several of the contributions to this volume show that it is rather by raising social and environmental standards and wellbeing that we might succeed in achieving a sustainable growth pattern and a healthier and more cohesive society for the future.
Since 1994, the EU has established mechanisms for information and consultation procedures for workers in transnational companies (European Works Councils Directive 94/45/EC). In 2009, the EWC Directive was reviewed and amended (Recast EWC Directive 2009/38/EC). The year 2016 will see the formal conclusion of a new evaluation procedure designed to ascertain whether the improvements of 2009 have had any impact on the EWC's conditions of operation and whether any further amendements should be considered. This book assesses in detail the ways in which key improvements brought about by the 2009 EWC Recast Directive have been implemented in national legislation. The authors of the book have looked into the national transposition legislation of the 31 countries of the European Economic Area. The findings are very relevant for EU policy-making and for practitioners to deal with differing national legislative regimes.
Since 2001, the ETUC and ETUI have produced Benchmarking Working Europe for the European Social Summit to draw attention to the state of working Europe. This publication aims to provide a genuine benchmarking exercise applied to the world of labour and social affairs grounded in effective labour and social rights. It establishes what progress – or lack of it – has taken place in selected areas of significance for social Europe and of importance to the trade unions. This year’s edition of Benchmarking Working Europe focuses on what we see as one of the root causes of the great recession, namely the issue of inequalities going far beyond income inequality. Growing inequalities lead to growing feelings of injustice and lack of social cohesion both within and across countries, and at the same time, to a loss of human potential in its broadest sense. In this respect, this publication raises serious concerns as to the current direction of social and labour rights in the European Union. Four main messages which we would like to highlight are: 1. Social inequality, in its many forms, is worsening in nearly all EU countries, and not only on account of the succession of financial, economic and debt crises. 2. Between the EU member states, the trend for the poorer economies to catch up with the richer ones, leading to greater convergence has been halted and even reversed. 3. The European discourse that new post-crisis growth will solve the temporary phenomenon of rising inequalities is fundamentally flawed. The link between growth and equality has snapped and the tide is no longer rising for all. 4. The political remedies must in future focus on a redistribution and ‘deconcentration’ of wealth.
This book explores the foundations of the current economic crisis. Offering a heterodox approach to interpretation it examines the policies implemented before and during the crisis, and the main institutions that shaped the model of advanced economies, particularly in the last two decades. The first part of the book provides a theoretical analysis of the crisis. The roots of the ‘great recession’ are divided into fundamentals with origins in financial liberalisation, financial innovation and income distribution, and complementary or contributory factors such as the international imbalances, the monetary policy,and the role of credit rating agencies. Part II suggests various paths to recovery while emphasising that it will be necessary to develop alternative strategies for sustainable economic recovery and growth. These strategies will require genuine political support and a new 'great European vision' to address major issues concerning the EU such as unemployment, structural regional differences and federalism. Drawing on various schools of thought, this book explains the complexities of the crisis through a wider evolutionary-institutional and heterodox framework.