Reinforcing Economy and Monetary Union and Welfare State Policy

Pages:115-128
Author:José A. Nieto Solís
Position::University Complutense of Madrid, Spain
SUMMARY

This Paper raises three arguments to reinforce the economic and social aspects of the Economic and Monetary Union. First, the Welfare State is not responsible for the crisis and its effects on fiscal deficits and unemployment levels. Second, the reduction of public deficits cannot be based on more cutbacks in social policies. Third, if analysts and citizens would better perceive the incentives... (see full summary)


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