5 Jul 2014
Employment: a Tough Nut to Crack
According to Chancellor Schmidt’s “theorem”, employment arises from investment, which is itself generated by profit. However this relationship can be disrupted: depending on whether investments are targeted toward capacities or the improvement of productivity, jobs will be created tomorrow or later –here or there in our globalized world. Can the 26 million European unemployed workers hope for re-employment without an in-depth renewal of social models? Can the recipes of Northern Europe be adapted elsewhere? Is energy transition a valid gamble? Are there alternative ways of investing and/or putting people to work?
Former Minister for Employment and Social Policies
Membre du Cercle des économistesBiography
Vice President and Director, Global Economy and Development Program
Député de l’Oise
Assemblée Nationale, FranceBiography