Structural Reforms for Growth and Cohesion
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Structural Reforms for Growth and Cohesion

Lessons and Challenges for CESEE Countries and a Modern Europe

Edited by Ewald Nowotny, Doris Ritzberger-Grünwald and Helene Schuberth

Effective and well-designed structural reforms are key to shaping Europe’s future in the context of the formidable challenges facing the continent today. This book examines the achievements and failures of past structural policies so that future ones can be adapted to address remaining and newly emerging challenges with greater success. Highlighting the social aspects and distributional effects of reforms that go beyond liberalization and deregulation, the book covers key issues facing future Europe, particularly those arising from technological innovation.
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Chapter 4: Social Europe: the Pillar of Social Rights

Georg Fischer

Abstract

For a long time the European policy mainstream focused on economic policy issues, competitiveness and fiscal stability. The serious social impacts of the financial and economic crisis, together with its political repercussions, have led the European Union (EU) leadership to pay more attention to social policy marked by the Proclamation of the European Pillar of Social Rights by the European Union Institutions in November 2017. This chapter reviews the characteristics of this ‘biggest social crisis’ and why this crisis necessitated a European Union high-level response. The chapter summarizes the messages of the Pillar of Social Rights document, discusses the respective roles of the European and national level, reviews means of implementation, and concludes with a discussion of proposals for EU measures going beyond the present framework linked to the broader debate about the future architecture of European Economic and Monetary Union.

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