EconWatch.com > Eurozine - Economy and ethics in crisis - Eurozine News Item ...
[Eurozine articles] In Eurozine's series "Europe talks to Europe", Robert Misik and Daniel Daianu will discuss the ethical and political implications of a globalized economy. Has the financial crisis opened up a new-old east-west divide?
[Previous] How is the stock market and the economy connected? | I...
[Next] UK Politicians Look To Make Digital Economy Bill Even Worse .....
Some related posts from Technorati and Google.
[Eurozine articles] Eurozine - Lessons learned and open questions - Claus Offe Welfare ...: Nicholas Barr (2005) has raised a question that is clearly up to future historians to provide a conclusive answer to: have the terms of accession (for example, the acquis plus the convergence criteria of the Stability and Growth Pact) as they were defined by the old member states actually helped the economic and political transition in the post-socialist region of central and eastern Europe? Barr cautiously suggests that "considerable worker protection", as mandated by the acquis, in combination with macroeconomic conditionality (for example, tough budget constraints resulting from convergence criteria) "unnecessarily aggravated the costs of transition"[20] and prevented the new member states from sustaining the "high welfare spending directly connected with transition, for example unemployment benefits and poverty relief".[21] Under the constraints imposed by accession, even robust growth may be prevented from translating into equally robust social protection.
Reflected tags on Technorati: Blog, Economy, EconWatch.com