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01 Jul 07

US-vs-Europe structural rigidities: A re-think | vox - Research-based policy analysis and commentary from Europe's leading economists




  • EU rigidities are well known, but low US energy-productivity and low social mobility (probability of the poor breaking out of poverty) are less often noted. Structural reforms are necessary if the US is to emulate European successes on social mobility and energy efficiency.

  • To give a few examples: According to the OECD-index of employment-protection legislation, Ireland, Belgium, Denmark and Italy have about the same level of employment-protection (call it a structural rigidity). Yet since the start of the decade, Ireland has experienced an average yearly productivity growth rate of 3%, Denmark of 1.6%, Belgium of 1.1% and Italy a dismal 0.2%
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21 Jun 07

Europe: the square root of no | openDemocracy

  • A Labour government in transition between Tony Blair and Gordon Brown and panicked by the employers' corporate body, the Confederation of British Industry, now wants to deny the charter of fundamental rights any legal force - or to be exempted from its key provisions, especially on trade-union rights.
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