SEJ Blogs

Our blogs are short commentaries on current affairs issues.

Europe Is Back At Square One

Javier Lopez

Europe is back at square one. On the verge of a third recession in five years, the relentless tide is even crashing against the insurmountable walls of the German factory powerhouse. Stagnation yet again in the Eurozone – this time accompanied by a certain whiff of Japanese-style deflation. Once more the markets are getting nervous: a volatile […]

Will The Juncker Commission Continue To Entrench Neoliberal Policies?

Lukas Oberndorfer

A few days ago, the designated European Commission finally showed its true colours: It wants to make sure that its economic policy recommendations become enforceable. Deregulation of rent setting systems, adjusting the retirement age to account for life expectancy and increased flexibility in wage-setting mechanisms were mere recommendations in 2014. That is supposed to change […]

The EU Recovery That Never Was

John Weeks

Economic recovery in the Eurozone is not delayed. It is non-existent. The Financial Times for the first day of October carried several articles assessing the European economies, written as if a prize would go to the most pessimistic — stagnation and decline of EU manufacturing, the European Central Bank initiates asset purchases to prevent deflation […]

Keynes, Brüning And Pierre Moscovici’s Hearing With Econ

Ronald Janssen

It is said that, in the midst of the Great Depression, German finance minister Brüning made John Maynard Keynes leave a meeting in tears. Listening to last week’s hearing of the European Parliament’s Economics Committee with designate commissioner Pierre Moscovici, one can fully understand this feeling. Indeed, in a debate that kept raging during a session lasting […]

Britain’s Party Political Gatherings Fret And Worry Over Europe

Denis McShane

As the dust settles on the party political conferences of the two main British parties – Conservatives and Labour – what indicators are there on future Europe policy? Britain and the EU is now a major issue for the Conservatives. The party was thrown off balance by the decision of two of its MPs to […]

Europe’s Fading Climate Policy Ambitions

Bela Galgoczi

Europe is losing momentum in greening its economy, and its former leadership in this area is eroding rapidly. Indeed, after a 60% drop in clean energy investment in 2013 compared to the 2011 peak, Europe has become the global laggard in this regard. Alongside this collapse in clean energy investment, due mostly to austerity and […]

If You Look At One Graph About Inequality Look At This!

Henning Meyer

You might have heard about recent reports stating that global inequality is decreasing. This is a nice example of constructing the comparison according to the result you would like to see. Yes, inequality between countries has declined but the most important comparison is what is happening to inequality within countries as this tells you how the distribution system, that […]

Scotland: The Morning After The Night Before

Henning Meyer

So, the decision is taken! After a frantic final period of campaigning Scottish voters eventually declined the offer of independence and opted to stay part of the United Kingdom. In the end, the result was not as close as the polls leading up to yesterday’s ballot suggested. The Guardian has now published the final result: But […]

David Cameron’s Failures And The Great Shrinking

Steven Hill

In Prime Minister David Cameron’s desperate entreaties towards his fellow countrymen in the North, one can hear the resounding bleat of his own policy failures. The theme of Cameron’s tenure has become one of “The Great Shrinking”:  close to losing Scotland and its 5.3 million people, and also retreating influence within the European Union and […]

Stop Structural Reforms And Start Public Investment In Europe

Paul De Grauwe

Slow growth in the Eurozone has become endemic since the start of the sovereign debt crisis in 2010. This is made very clear in Figure 1, which contrasts the growth experience of the Eurozone with the non-Eurozone EU-member countries since the start of the financial crisis in 2007.  What is striking is that up to […]

The European School-to-work Transition And The Crisis

Luca Giuliani

The school-to-work transition is a long, dark tunnel for many young people around the world. However, the problem is not the same everywhere; in Germany, for example, young people have almost the same probability of working as adults, while in the Eastern and Mediterranean EU countries the employment chances of young people are likely to […]

David Cameron (From Wikipedia 2100)

Simon Wren-Lewis

Prime Minister of UK (including Scotland until 2014) from 2010 to 2017. Widely seen as the catalyst behind the renewed decline of the UK, after a brief respite in the 30 years previously (see entries for Margaret Thatcher and Gordon Brown). On becoming Prime Minister in 2010, embarked on a fiscal austerity programme which delayed […]