Advocating new reforms of the E(M)U economic governance
Christophe Blot (),
Jerome Creel,
Raul Sampognaro (),
Bruno Ducoudré,
Xavier Timbeau and
Sébastien Villemot
Additional contact information
Christophe Blot: OFCE - Observatoire français des conjonctures économiques (Sciences Po) - Sciences Po - Sciences Po
Raul Sampognaro: OFCE - Observatoire français des conjonctures économiques (Sciences Po) - Sciences Po - Sciences Po
PSE-Ecole d'économie de Paris (Postprint) from HAL
Abstract:
The crisis which started in 2008 looks like it is never going to end. Nearly nine years after the meltdown of the financial system and the violent recession followed by the euro crisis in 2012, recovery has been weak in the Euro Area. This elusive recovery has had dramatic consequences. In 2016, 16.2 million people in the Euro Area were unemployed. This is more than 2.5 million fewer than the high of 19 million in 2013, but it is still far from the 11.7 million unemployed in 2007 before the Great Recession kicked in. Moreover, 8.8 million people were long-term unemployed in 2015 and among them 5.7 million belong to the category "very long-term unemployed" (defined as 24 months or more of unemployment)
Keywords: EMU; Governance; Reforms; European Union (search for similar items in EconPapers)
Date: 2017-06
Note: View the original document on HAL open archive server: https://sciencespo.hal.science/hal-03458698v1
References: View complete reference list from CitEc
Citations:
Published in Saving the euro, Social Europe; Social Europe, pp.133 - 153, 2017, 9780992653750
Downloads: (external link)
https://sciencespo.hal.science/hal-03458698v1/document (application/pdf)
Related works:
Working Paper: Advocating new reforms of the E(M)U economic governance (2017) 
Working Paper: Advocating new reforms of the E(M)U economic governance (2017) 
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:hal:pseptp:hal-03458698
Access Statistics for this paper
More papers in PSE-Ecole d'économie de Paris (Postprint) from HAL
Bibliographic data for series maintained by Caroline Bauer ().