IDEAS home Printed from https://ideas.repec.org/p/spo/wpmain/infohdl2441-6nf97io14q940b4utb1f74kkj7.html
   My bibliography  Save this paper

Inequality and sustainability in a healing and fragmented European Union: Chapter 2

Author

Listed:
  • Georg Feigl

    (Institute of Anatomy)

  • Markus Marterbauer
  • Miriam Rehm
  • Matthias Schnetzer
  • Sepp Zuckerstätter
  • Lars Andersen
  • Thea Nissen
  • Signe Dahl
  • Peter Hohlfeld
  • Benjamin Lojak
  • Thomas Theobald
  • Achim Truger
  • null null

    (Macroeconomic Policy Institute (IMK))

  • Guillaume Allegre

    (Observatoire français des conjonctures économiques)

  • Céline Antonin

    (Observatoire français des conjonctures économiques)

  • Christophe Blot

    (Observatoire français des conjonctures économiques)

  • Jérôme Creel

    (Observatoire français des conjonctures économiques)

  • Bruno Ducoudre

    (Observatoire français des conjonctures économiques)

  • Paul Hubert

    (Observatoire français des conjonctures économiques)

  • Sabine Lebayon
  • Sandrine Levasseur

    (Observatoire français des conjonctures économiques)

  • Hélène Périvier

    (Observatoire français des conjonctures économiques)

  • Raul Sampognaro

    (Observatoire français des conjonctures économiques)

  • Aurélien Saussay

    (Observatoire français des conjonctures économiques)

  • Vincent Touze

    (Observatoire français des conjonctures économiques)

  • Sébastien Villemot

    (Observatoire français des conjonctures économiques)

  • Xavier Timbeau

    (Observatoire français des conjonctures économiques)

Abstract

As we will see in this chapter, there has been some improvement in the European Labour market in the last couple of years. However, unemployment remains high, especially long-term and youth unemployment. This raises the question of human capital depreciation, stigmatisation and unemployment hysteresis. At the same time both inequality and poverty are continuing have increased since the crisis started European economic policy barely takes into account the academic consensus that measurement of economic performance and social progress is necessary and has to go beyond GDP. To facilitate evidence-based well-being oriented economic policy, we need to reform the European Economic Governance and to establish some kind of sustainable development indicators (SDI) to measure progress beyond economic growth. The SDIs should take into account the protection of the natural capital and social justice to help define and improve policies. SDIs show reasons for optimism in some areas, while substantial progress needs to be done in other areas, including poverty. The chapter shows a very heterogeneous Europe in terms of unemployment, inequality and sustainability. Therefore, both EU as a whole and the dispersion between countries are analyzed in this chapter.

Suggested Citation

  • Georg Feigl & Markus Marterbauer & Miriam Rehm & Matthias Schnetzer & Sepp Zuckerstätter & Lars Andersen & Thea Nissen & Signe Dahl & Peter Hohlfeld & Benjamin Lojak & Thomas Theobald & Achim Truger &, 2016. "Inequality and sustainability in a healing and fragmented European Union: Chapter 2," Sciences Po publications info:hdl:2441/6nf97io14q9, Sciences Po.
  • Handle: RePEc:spo:wpmain:info:hdl:2441/6nf97io14q940b4utb1f74kkj7
    as

    Download full text from publisher

    File URL: http://spire.sciencespo.fr/hdl:/2441/6nf97io14q940b4utb1f74kkj7/resources/12-2016-antonin-inequality-and-sustainability-in-a-healing-and-fragmented-european-union.pdf
    Download Restriction: no

    More about this item

    Keywords

    European Labour Market; Unemployment; European Economic Policy;

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spo:wpmain:info:hdl:2441/6nf97io14q940b4utb1f74kkj7. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Spire @ Sciences Po Library). General contact details of provider: http://edirc.repec.org/data/ecspofr.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.