A European Social Union after the Crisis

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A European Social Union after the Crisis Book launch 28 September 2017 book Presentation of edited by Frank Vandenbroucke Catherine Barnard and Geert De Baere Metaforum interdisciplinary think-tank for societal debate University Amsterdam KU Leuven 9 • There is a social corollary to monetary unification: it function well EMU requires basic consensus on some key features member states’ model Single Market: Market needs dimension However don’t overstretch functionalist arguments: what ‘needed’ because unification/the depends fundamental aspirations that drive project at large call conceptual clarity: ≠ Welfare State Shared Functional arguments Legal constellation Why are stabilization instruments centralized in unions? – Risk sharing (pooling) Externalities (vaccination) As with vaccination: compulsory (minimum requirements) subsidized (re- insurance) Minimum requirements an effective stabilisation capacity: sufficiently generous unemployment benefits notably short-term; sufficient coverage rates benefit schemes; no labour market segmentation leaves part force poorly insured; proliferation employment relations not integrated into insurance; activation unemployed individuals; budgetary buffers good times so automatic stabilisers can do their work bad These principles become fortiori imperative if Eurozone would be equipped reinsurance national insurance systems In 1990s reform was justified advent focus supply-side flexibility ‘enabling’ policies The flexibility-symmetry argument revisited: types shocks institutions support stability (and economic symmetry) Therefore ‘protective’ collective action order Enabling protective mutually reinforcing creating resilient Symmetry: states need deliver wage coordination; totally decentralised uncoordinated bargaining fit this purpose both ‘posting’ free movement workers non-discrimination) as matter fairness ‘balancing act’ between domestic cohesion possible (Viking Laval judgments) Reform Posted Workers Directive: compromise needed National minimum regimes should transparent predictable universal Migration creates less pressure adequately regulated markets: hence importance dialogue access security all ‘bal move Fair mobility Refor ed Nation welfare systemic level functions (e g fair corporate taxation) guide substantive development via general standards objectives leaving ways means policy Member States basis operational definition ‘the model’ European countries cooperate union explicit pursuing pan-European (reconnecting founding fathers’ inspiration) Reconnecting aspiration: upward convergence & performance Pillar Rights: important initiative but relation ends clarified Priority areas… – Access protection Quality Universality Collective investment How? dialogue: views actors Semester: EU’s agreements legal politics legislative Brexit ‘Not just about better widgets’ Advocate General Eleanor Sharpston Court Justice Round table Steven Van Hecke Valerio Stefano moderator: Martin Sandbu Financial Times Keynote Marianne Thyssen followed interview