Investments in green and social sectors can create 2.8 million jobs in the EU

Policy Study

25/04/2017

The main conclusions of the analysis
• Both private and public investment levels are low across the European countries. Now is the time for the governments to step in and help the economies back on a growth-track with a starting point in public investments.
• To increase investments and secure future growth, this paper recommends a Green-Social Investment Plan.
• The effects of the investment plan are calculated based on FEPS-ECLM International Input-Output Model. In the model 1 pct. of GDP in each country is invested in sectors that promote green energy, construction, education and childcare.
• The Green-Social Investment Plan will have large positive effects on job creation and GDP directly in the sectors the investments are made in and indirectly in the entire economy.

Read the study

Network
Economic Council of the Labour Movement (ECLM)
Greenwich Political Economy Research Centre (GPERC)
TASC
University of Greenwich
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