The Challenge of Economic Inequality to Recovery and Wellbeing

The economic model of the European Union is in its deepest crisis since its inception. […]

19 - 21/06/2014

The economic model of the European Union is in its deepest crisis since its inception. There is both a financial crisis and a real sector crisis with stagnating economies, rising inequalities and increasing divergence between the countries of the European union. Economic inequality is at the centre of that crisis.

Rising unemployment in Europe has been accompanied by a significant increase in social and income inequalities. Recent Oxfam reports shows that in some European countries the richest ten per cent of the population saw their share of the total income greatly increased. In others, an increase has been recorded in the percentage of the poor within the total population. In many cases these phenomena have occurred in parallel.

It is becoming increasingly evident that European macroeconomic policy has an excessive focus on inflation rather than on employment, which is driving inequality. Furthermore, the financial crisis has clearly shown the existence of a strong nexus between the growth of finance, inequalities and the job drought in Europe.

In this context, it is vital for progressive policy makers to clearly define and promote a set of policy proposals to break the nexus between current macroeconomic policies, finance and inequality.

This year’s TASC-FEPS conference will focus on three core issues:

  1. The multidimensional aspects of inequality and the relationship between economic inequality and wider measures of personal and societal wellbeing;
  2. The impact of current neoliberal economic policies on inequality and discussion of policy proposals to embark on a more equitable and sustainable developmental trajectory; and
  3. Policy proposals to break the nexus between the growth of finance and inequality. These ideas encompass changes in regulation, financial structure, and financial and investment policies.
Find all related publications

Sustainable Digital Market Design: A data-based approach to the circular economy

Markets must be designed properly to serve the common good. This is particularly evident in […]

Talking Green in Europe

Lessons on re-framing the public debate on the climate crisis

Just Transition & Revitalisation – A New EU Strategy for Rural Areas

How can EU actions support the revitalisation of rural areas? How can EU institutions put […]

Voting during pandemics: making democracy resilient in turbulent times

Although many volumes have already discussed several COVID-related socio-economic phenomena, relatively less attention has been […]
Find all related news

Ahead of this week’s European Council, progressive MEPs and MPs urge EU leaders to take resolute actions toward the Western Balkans

On 17 and 18 June, the ‘Friends of the Western Balkans’, the newly established network […]

First meeting of the Friends of the Western Balkans

How do we get out of the dead end in the enlargement process?

FEPS launches a new website!

After months of work, FEPS’s new website is now online!  This new website offers a […]

FEPS holds the 2022 General Assembly

This week, FEPS held the 2022 General Assembly (GA), the yearly meeting gathering all members […]
Find all related in the media
In the media

Leaders Must Choose a Just Energy Transition and a Social Europe

by Euractiv 30/05/2022

The circular economy and green jobs

by ENCOMPASS 25/05/2022

Da Prodi a Rodrigues, domani al via la ’Terza conferenza sul futuro dell’Europa’

by La Nazione 25/05/2022

Visioni e strategie per disegnare il futuro europeo 

by La Nazione 23/05/2022