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Il “Manifesto” contro la disoccupazione nell’UE sette anni dopo: quali suggerimenti sono sempre attuali?

Author

Listed:
  • Beniamino Moro

    () (Università degli Studi di Cagliari, Dipartimento di Economia, Cagliari)

Abstract

The article analyzes retrospectively after seven years the impact that the publication of the "Manifesto against unemployment in the EU" has had on economic policies enabled in the various European countries. On the supply side, it is recognized that many suggestions of the "Manifesto" were put into practice, such as are particularly significant reforms of the labor market recently adopted in Italy, Germany and France. Such reforms have introduced more flexibility in contracts of employment, which has favored the increase in employment and the decline in unemployment in all countries. Not so satisfactory, however, were the results achieved in the policies of aggregate demand management. The restrictive fiscal policies imposed by the requirements of the Maastricht criteria, in fact, has been matched by equally restrictive monetary policy of the ECB, which has made appreciate the euro and made ??European goods less competitive in the international market. Equally disappointing are judged regional development policies, for which we suggest a more appropriate use of the policy of tax incentives to attract new investment in underdeveloped areas.

Suggested Citation

  • Beniamino Moro, 2005. "Il “Manifesto” contro la disoccupazione nell’UE sette anni dopo: quali suggerimenti sono sempre attuali?," Moneta e Credito, Economia civile, vol. 58(230-231), pages 51-69.
  • Handle: RePEc:psl:moneta:2005:26
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    File URL: http://ojs.uniroma1.it/index.php/monetaecredito/article/view/9733/9619
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    References listed on IDEAS

    as
    1. Eckhard Hein & Thorsten Schulten & Achim Truger, 2004. "Wage trends and deflation risks in Germany and Europe," Macroeconomics 0412008, EconWPA.
    2. N. Gregory Mankiw & Ricardo Reis, 2003. "What Measure of Inflation Should a Central Bank Target?," Journal of the European Economic Association, MIT Press, vol. 1(5), pages 1058-1086, September.
    3. Beniamino Moro, 2002. "Una politica fiscale regionale per lo sviluppo economico del Mezzogiorno," Rivista di Politica Economica, SIPI Spa, vol. 92(3), pages 395-442, May-June.
    4. Paolo Surico, 2003. "How does the ECB target inflation?," Macroeconomics 0305005, EconWPA.
    5. Surico, Paolo, 2003. "How does the ECB target inflation?," Working Paper Series 229, European Central Bank.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    riforme; mercato del lavoro; disoccupazione;

    JEL classification:

    • J68 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Public Policy
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy
    • H71 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Taxation, Subsidies, and Revenue
    • O23 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Fiscal and Monetary Policy in Development

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