Podcast

Backstage: Policy principles for a new social contract

This episode of The Sound of Economics features Bruegel senior fellow Zsolt Darvas in conversation with Maurizio Bussolo and Bernadette Ségol about income inequality in Europe and Central Asia, and the policy principles underpinning a possible new social contract.

By: Date: January 24, 2019 Topic: European Macroeconomics & Governance

Although income distribution in Europe and Central Asia reaches a fairly egalitarian standard relative to the rest of the world, the current levels of inequality among individuals and households are a major cause of dissatisfaction. In the time of globalisation and rapid technological change, when income inequalities heavily affect people’s security and well-being, the demand for a new social contract (and hence welfare state) is apparent. But what would a renewed social contract look like?

In this episode of Bruegel Backstage, senior fellow Zsolt Darvas talks to Maurizio Bussolo, the lead economist for Europe and Central Asia at the World Bank, and Bernadette Ségol, the former secretary general of the European Trade Union Confederation.

The document that brings them together is the recently published World Bank report, “Towards a New Social Contract: Taking on Distributional Tensions in Europe and Central Asia”, co-written by Maurizio Bussolo. It highlights the shortcomings of the current systems both for taxes and transfers and for labour-market regulation. The report sketches out the policy principles to guide a potential new social contract, principles that assume universal social assistance and insurance, labour protection, and more progressive taxation. If implemented, the report suggests, these measures would improve mobility and flexibility, helping to overcome the inequality traps and provide a broader, more just access to opportunities.

For further reading, you may consider Zsolt Darvas’ blog post on the EU income inequality decline, as well as a publication on the hardships of achieving the EU’s poverty target by the same author.

This podcast was recorded following a Bruegel event, “Towards a new social contract”on January 24th 2019.

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Podcast

Podcast

Global Energy Fundamentals

Bruegel research fellow Simone Tagliapietra discusses his new book, Global Energy Fundamentals.

By: The Sound of Economics Topic: Energy & Climate Date: September 23, 2020
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Podcast

Podcast

The State of the Union going forward

In the first Sound of Economics Live episode after summer we look at the State of the Union address delivered by Ursula von der Leyen.

By: The Sound of Economics Topic: European Macroeconomics & Governance Date: September 16, 2020
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Podcast

Podcast

For a better, more sovereign Europe

Keynote address by the German Federal Minister of Finance Olaf Scholz at Bruegel Annual Meetings, 3 September 2020

By: The Sound of Economics Topic: European Macroeconomics & Governance, Finance & Financial Regulation Date: September 9, 2020
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Past Event

Past Event

Bruegel Annual Meetings 2020 - Day 3

Third day of Bruegel Annual Meetings.

Topic: Energy & Climate, European Macroeconomics & Governance, Finance & Financial Regulation, Global Economics & Governance, Innovation & Competition Policy Location: Bruegel, Rue de la Charité 33, 1210 Brussels Date: September 3, 2020
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Podcast

Podcast

REOPENING EUROPE - Reopening Future?

Imagining a society, an economy and politics cohabiting with the virus and eventually overcoming it.

By: The Sound of Economics Topic: European Macroeconomics & Governance Date: August 19, 2020
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Podcast

Podcast

REOPENING EUROPE - Reopening Common Good?

What should be the ground rules to support more sustainable business in a post-pandemic world?

By: The Sound of Economics Topic: European Macroeconomics & Governance Date: August 12, 2020
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Podcast

Podcast

REOPENING EUROPE - Reopening Tourism?

In this episode we unpack some reflections about tourism we have collected during the Reopening Europe journey.

By: The Sound of Economics Topic: European Macroeconomics & Governance Date: August 5, 2020
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Podcast

Podcast

REOPENING EUROPE - Reopening Borders?

In June 2020, as Europe reopened after lockdown, we crossed ten national borders. We listened to diverse citizens, from passers-by to politicians, business people to artists, recording, documenting, and publishing stories.

By: The Sound of Economics Topic: European Macroeconomics & Governance Date: July 29, 2020
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Opinion

Can households in the European Union make ends meet?

Half the households surveyed by Eurostat see themselves as unable to find the resources they would need to cope with an unexpected expense within a month, estimated by experts at €375 in the case of Greece.

By: Maria Demertzis, Marta Domínguez-Jiménez and Annamaria Lusardi Topic: Finance & Financial Regulation Date: July 24, 2020
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Podcast

Podcast

REOPENING EUROPE - Reopening Governance?

This is a summer feature of the Sound of Economics in cooperation with the Reopening Europe project.

By: The Sound of Economics Topic: European Macroeconomics & Governance Date: July 23, 2020
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Podcast

Podcast

The benefits of the single market - the case of last enlargement

As the Brexit negotiations are entering their final straight line, the question of trade agreements is heating up. Economists talk about the “cost of non Europe”. How much each country has gained from belonging to the EU’s single market? How much would it have missed out on if it didn’t belong to the single market? […]

By: The Sound of Economics Topic: European Macroeconomics & Governance, Global Economics & Governance Date: July 15, 2020
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Podcast

Podcast

Apps without borders? How COVID-19 apps show the limits of the EU digital single market

In their toolkit against a pandemic that knows no borders, several EU countries have bet on new technology from our era of globalisation: digital contact tracing COVID-19 apps. But the way they've been rolled out illustrate troublesome limits to the EU digital single market.

By: The Sound of Economics Topic: European Macroeconomics & Governance Date: July 9, 2020
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