WWWforEurope: Welfare, Wealth and Work for Europe

The 7th EU Research Framework Project "Welfare, Wealth and Work for Europe – WWWforEurope" was set out in 2012 to 2016 to find answers to many questions, central among them: What kind of development strategy should Europe opt for in the face of the financial crisis and the big challenges ahead: globalisation, demographic shifts, climate change and new technologies? What kind of strategy will guarantee "Welfare, Wealth and Work for Europe" in the long term?

After four years of work by researchers from 34 institutions, please find the WWWforEurope project's answers in the publications which can be downloaded here (project deliverables, working papers, policy briefs and policy papers). Also the most important WWWforEurope events can be accessed here.

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Tim Jackson (University of Surrey), Peter Victor (York University), Ali Asjad Naqvi (WIFO)
Towards a Stock-Flow Consistent Ecological Macroeconomics. WWWforEurope Working Paper No. 114
WWWforEurope: Welfare, Wealth and Work for Europe, March 2016, 64 pages
Commissioned by: Vienna Chamber of Labour – Österreichische Forschungsförderungsgesellschaft mbH – Austrian Agency for International Cooperation in Education and Research – OeAD-GmbH – European Commission-Framework Programme
Study by: Austrian Institute of Economic Research
Modern western economies (in the Euro area and elsewhere) face a number of challenges over the coming decades. Achieving full employment, meeting climate change and other key environmental targets, and reducing inequality rank amongst the highest of these. The conventional route to achieving these goals has been to pursue economic growth. But this route has created two critical problems for modern economies The first is that higher growth leads (ceteris parabis) to higher environmental impact. The second is that fragility in financial balances has accompanied relentless demand expansion.
Language:English