A model for implementing sustainable and qualitative growth in the EU

"The period since the outbreak of the financial, economic and social crises in Europe has witnessed a renewed focus on the need to develop a more sustainable and qualitative growth model. A model where the traditional focus on economic growth (i.e. GDP growth) is complemented by an adherence to...

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Bibliographic Details
Main Authors: Sabato, Sebastiano, Natali, David, Barbier, Cécile
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Brussels 2014
OSE
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19117244124919354269-a-model-for-implementing-susta.htm
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author Sabato, Sebastiano
Natali, David
Barbier, Cécile
author_facet Sabato, Sebastiano
Natali, David
Barbier, Cécile
collection Library items
description "The period since the outbreak of the financial, economic and social crises in Europe has witnessed a renewed focus on the need to develop a more sustainable and qualitative growth model. A model where the traditional focus on economic growth (i.e. GDP growth) is complemented by an adherence to a wider range of qualitative indicators. Indicators which more broadly characterise the well-being of society as a whole. This paper defines a model for Sustainable and Qualitative Growth (SQG) in the EU and questions if existing EU economic and social governance arrangements are consistent with this wider approach to building a sustainable growth model. This paper identifies a number of key recommendations. First, a more encompassing, balanced and multi-dimensional EU strategy for growth should be adopted. This refined strategy should take into account the broader indicators underpinning the SQG model and should be addressed in key EU documents such as the Annual Growth Survey. Second, a symmetric and ‘time consistent’ macroeconomic strategy, allowing for investments in SQG related domains, should be pursued. These growth-enhancing investments should primarily target relevant policy areas such as education and training, technological innovation and lifelong learning strategies. Third, a common automatic stabiliser in the EU should be set up in order to provide a minimum level of EU investment across all member states."
format TEXT
id 19117244124919354269_032cc2abc1df44b3a348c97c937c9891
institution ETUI-European Trade Union Institute
is_hierarchy_id 19117244124919354269_032cc2abc1df44b3a348c97c937c9891
is_hierarchy_title A model for implementing sustainable and qualitative growth in the EU
language English
physical 75 p.
Paper
publishDate 2014
publisher Brussels
OSE
spellingShingle Sabato, Sebastiano
Natali, David
Barbier, Cécile
EU policy
growth model
sustainable development
A model for implementing sustainable and qualitative growth in the EU
thumbnail https://www.labourline.org/Image_prev.jpg?Archive=123147994132
title A model for implementing sustainable and qualitative growth in the EU
topic EU policy
growth model
sustainable development
url https://www.labourline.org/KENTIKA-19117244124919354269-a-model-for-implementing-susta.htm