Publication

In order to profit from the opportunities offered by globalisation and avoid its threats, André Sapir argues that Europe's labour and social institutions need urgent reform.  In this policy brief he argues that two of Europe's social models - the "Nordic" and the "Anglo-Saxon" are efficient, but the "Continental" and "Mediterranean" ones are not. A failure to reform runs the risk not only that Europe might miss opportunities presented by globalisation but also that the Single Market or monetary union could be damaged.