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Jorge Uxó and Nacho Álvarez

Jorge Uxó is Associate Professor at the University of Castilla – La Mancha. He currently belongs to the economic team of Podemos. Nacho Álvarez is Associate Professor at the Autonomous University of Madrid and Research Associate at the Complutense Institute of International Studies (ICEI). He is currently the Chief Economist of Podemos.

Jorge Uxó and Nacho Álvarez

The ‘paradox of debt’—or how to avoid austerity again

Jorge Uxó and Nacho Álvarez 15th January 2019

The Spanish government’s budget proposals show some break with the austerity of its conservative predecessor. But there is still an excessive commitment to the orthodoxy of rapid fiscal consolidation. Macroeconomic analysis teaches us that certain decisions which seem reasonable for an individual may have opposite results when all individuals act in a similar way—or when […]

The IMF asks for continuity, but Spain needs change

Jorge Uxó and Nacho Álvarez 18th December 2018

There are two reasons why we should be concerned about the current state of the Spanish economy. First, all the forecasts made by international organizations share a common view: we are likely to enter a slowdown period. This is worrying since unemployment still stands at 15 percent and many people have yet to return to […]

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Towards a new Minimum Wage Policy in Germany and Europe: WSI minimum wage report 2022

The past year has seen a much higher political profile for the issue of minimum wages, not only in Germany, which has seen fresh initiatives to tackle low pay, but also in those many other countries in Europe that have embarked on substantial and sustained increases in statutory minimum wages. One key benchmark in determining what should count as an adequate minimum wage is the threshold of 60 per cent of the median wage, a ratio that has also played a role in the European Commission's proposals for an EU-level policy on minimum wages. This year's WSI Minimum Wage Report highlights the feasibility of achieving minimum wages that meet this criterion, given the political will. And with an increase to 12 euro per hour planned for autumn 2022, Germany might now find itself promoted from laggard to minimum-wage trailblazer.


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ETUI/ETUC conference: A Blueprint for Equality

Join us at the three-day hybrid conference ‘A blueprint for equality’ (22-24 June).

The case against inequality has already been strongly articulated. Inequality is not just incidental to a particular crisis but a structural problem created by an economic model. Now is the time to explore what real equality should look like.

As a media partner of this event, Social Europe is delighted to invite you to this three-day conference, organised by the ETUI and ETUC. More than 90 speakers from the academic world, international organisations, trade unions and NGOs will participate, including the economist Thomas Piketty and the European commissioner Nicolas Schmit.


MORE INFOMATION HERE

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Minimum wages in 2022: annual review

Nominal minimum wage rates rose significantly in 2022, compared with 2021. In 20 of the 21 European Union member states with statutory minimum wages, rates increased. When inflation is taken into account, however, the minimum wage increased in real terms in only six member states. If current inflation trends continue, minimum wages will barely grow at all in real terms in any country in 2022.


AVAILABLE HERE

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EU Care Atlas: a new interactive data map showing how care deficits affect the gender earnings gap in the EU

Browse through the EU Care Atlas, a new interactive data map to help uncover what the statistics are often hiding: how care deficits directly feed into the gender earnings gap.

While attention is often focused on the gender pay gap (13%), the EU Care Atlas brings to light the more worrisome and complex picture of women’s economic inequalities. The pay gap is just one of three main elements that explain the overall earnings gap, which is estimated at 36.7%. The EU Care Atlas illustrates the urgent need to look beyond the pay gap and understand the interplay between the overall earnings gap and care imbalances.


BROWSE THROUGH THE MAP

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