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What future for Europe's social models?

Protests and strikes across the continent have shown that European publics are reluctant to accept major cuts in social spending, but what lies ahead

Speakers

Tito Boeri

Professor and Head of the Economics Department, Bocconi University

A distinctively European social model is central to the political identity of many European societies. In the early stages of the financial crisis European social protection was even held up as a way to shelter both citizens and the productive economy from sharp recessions. However, during recent years this European social model has come under unprecedented pressure from government austerity. Looking ahead, an aging population and the potential for long-term stagnation are raising questions about the viability of the welfare state in its current form.

Protests and strikes across the continent have shown that European publics are reluctant to accept major cuts in social spending, but what lies ahead for Europe's social models? Is it possible to meet the current challenges with sustainable reforms that still protect the political principals or the welfare state? Or does social spending require major reduction and restructuring that will leave the social models of Europe totally changed?

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This event is part of Bruegel's Annual Meetings which offer a mixture of public sessions and restricted workshops, where Bruegel's scholars, members and stakeholders can discuss the policy challenges facing the European economy. In 2015 these events are also part of Bruegel's 10th anniversary celebrations, for which we are organising a series of events in the capitals of our member states. These debates, talks and conferences will bring crucial European topics to audiences across the continent.

Event Materials

Tito Boeri's Presentation

Bruegel Event Notes