Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/91771
Authors: 
Ritzen, Jo
Zimmermann, Klaus F.
Year of Publication: 
2013
Series/Report no.: 
IZA Policy Paper 73
Abstract: 
We sketch a visionary strategy for Europe in which full employment is quickly regained by 2020, where income inequality is reduced and the economies are more sustainable. We name this scenario vibrant. It is contrasted with what would happen if present policies continue within the European Union (EU) and its member states. In the vibrant scenario, full employment is regained by more policy attention toward innovation and its underlying research and development (R&D), accompanied by more labor mobility within and between EU countries, in combination with a selective immigration policy based on labor market shortages. The road to full employment is embedded in a landscape with less income inequality and more greening of EU member states' economies. We translate the vibrant scenario into policy proposals distinguishing between the role for the EU and that of the member states. We hope these proposals will be included in the election programs for the upcoming 2014 European Parliament elections and in developing the mandate for the new European Commission in December 2014.
Subjects: 
employment
labor mobility
innovation
income inequality
competition
labor markets
greening
happiness
JEL: 
D31
D33
F55
I23
I24
I25
I28
J11
J18
J21
J31
J64
J83
O31
O38
O52
Document Type: 
Working Paper

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