Getting it right. Youth employment policy within the EU

Francesco Pastore

No 67, GLO Discussion Paper Series from Global Labor Organization (GLO)

Abstract: This essay discusses the determinants of youth unemployment within the EU and then the alternative policy options currently at stake. We argue that youth unemployment regards especially some peripheral EU countries and is due to a mix of factors that should be addressed more vigorously, starting from expansionary fiscal and monetary policy. The guiding line should be to reform the Maastricht Treaty so as to allow eacg EU country to reach the Europe 2020 targets. Moreover, especially in the peripheral countries drastic reforms of the school-to-work transition regimes are needed, including not only the European Youth Guarantee, which is underfinanced, but also the introduction of better links between the education system and the labor market. The past emphasis on labor market reforms, instead, should be reconsidered.

Keywords: Youth Unemployment; Maastricht Treaty; Europe2020; School-to-Work Transition; Dual Education System; European Youth Guarantee; Work related learning; EU (search for similar items in EconPapers)
JEL-codes: H52 I2 I24 J13 J24 (search for similar items in EconPapers)
Date: 2017
New Economics Papers: this item is included in nep-ltv
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

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Related works:
Journal Article: Getting It Right: Youth Employment Policy within the EU (2017)
Working Paper: Getting It Right: Youth Employment Policy within the EU (2017)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:glodps:67

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