On Economic Policies of Unemployment in Europe

Theodore Pelagidis

MPRA Paper from University Library of Munich, Germany

Abstract: This article deals with the unemployment problem in Europe. While the prevailing explanations sources of unemployment such as jobless growth, rigid labour markets and the process of globalization are rejected, it is argued that technological backwardness, slow growth and investment rates are responsible for the high European unemployment rate. A change in the mix of economic policy implemented in Europe is proposed in order to decelerate real interest rate, increase investments, GDP and employment.

Keywords: European Unemployment; Labour Markets; Trade Globalization (search for similar items in EconPapers)
JEL-codes: J08 J64 (search for similar items in EconPapers)
Date: 1999
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Published in Industrial Relations Quarterly Review 4.54(1999): pp. 775-789

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:107040

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