Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/54284
Authors: 
Galbraith, James K.
Year of Publication: 
2006
Series/Report no.: 
Public policy brief // Jerome Levy Economics Institute of Bard College 87
Abstract: 
Unemployment in the European Union (EU) is a serious problem that threatens to disrupt the integration of accession countries, the character of individual countries, and the continued existence of the EU. European integration poses a huge conundrum for European employment because the conventional theory explaining unemployment in Europe - labor market rigidities - is wrong. According to Senior Scholar James K. Galbraith, the application of this policy will not cure European unemployment, but it could destroy the economic promise of the EU for its poorer regions and the accession countries.
ISBN: 
193149357X
Document Type: 
Research Report

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