Welcome #FairGrowth Yonnec Polet PES Deputy secretary general, - - PowerPoint PPT Presentation

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Welcome #FairGrowth Yonnec Polet PES Deputy secretary general, - - PowerPoint PPT Presentation

Welcome #FairGrowth Yonnec Polet PES Deputy secretary general, GROWTH2017 #FairGrowth Party of European Socialists 1 en 2 fr 3 it 4 bg Inequality is a matter of Introduction choice . Its the rules and policies that we put The


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#FairGrowth

#FairGrowth PES GROWTH2017 1 en 2 fr 3 it 4 bg

Welcome

Yonnec Polet Deputy secretary general, Party of European Socialists

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#FairGrowth

“Inequality is a matter of

  • choice. It’s the rules and

policies that we put together.”

Joseph Stiglitz

Introduction The problems The solutions

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#FairGrowth

GDP growth, 2016 (%)

Source: Eurostat

Malta

5,5%

Greece

0%

Introduction The problems The solutions

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#FairGrowth

Source: Eurostat * most recent figure is 2015

Total public & private investment, 2016 (% of GDP)

Czech Republic

26%

Greece

12%

Introduction The problems The solutions

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#FairGrowth

Cohesion policy investment

Source: European Commission

Introduction The problems The solutions

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#FairGrowth

Approved EFSI investment, 2016 (€ per person)

Source: EFSI

Finland

236€

Hungary

3€

Portugal

165€

Cyprus

12€ EFSI €500bn

Introduction The problems The solutions

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#FairGrowth

17 18 19 20 21 22 23 24 2008 2009 2010 2011 2012 2013 2014 2015 2016 % investment from all sources

EU28 Eurozone

Total investment (% of GDP)

Source: Eurostat

Introduction The problems The solutions

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#FairGrowth

Source: Eurostat

Unemployment, 2016 (%)

Austria

5%

Greece

23,6%

Introduction The problems The solutions

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#FairGrowth

Source: Eurostat

Introduction The problems The solutions

Youth unemployment

6.3 million ‘NEETs’ (no employment, education or training)

(2016)

19% overall, but: 44% 47% 7%

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#FairGrowth

Source: OECD

Part-time work, 2016 (%)

19.6%

EU-wide

Netherlands

37,7%

Bulgaria

1,6%

Introduction The problems The solutions

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#FairGrowth

Source: Eurostat

Households at risk

  • f poverty, 2016 (%)

* most recent figure is 2015

Czech Republic

10%

Romania

25%

Introduction The problems The solutions

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#FairGrowth

Source: European Commission, Eurostat

Poverty

27% children at risk of poverty

14% 47%

Introduction The problems The solutions

Wages

18% of EU average

Gender gaps

10% 13%

fewer women in employment lower pay for women

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#FairGrowth

Jobs at risk from digitalisation (%)

Source: Bruegel / ILO

Introduction The problems The solutions

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#FairGrowth

Globalisation then and now

Source: European Commission / McKinsey / OECD

Introduction The problems The solutions

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#FairGrowth

  • Progressive policies
  • Fair redistribution
  • Fight against social & economic

inequalities

Where do we go from here?

Introduction The problems The solutions

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#FairGrowth

  • Reform of eurozone
  • Fight against tax evasion
  • Private & public investment
  • Pillar of social rights…
  • with a social action plan!

Where do we go from here?

Introduction The problems The solutions

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#FairGrowth

  • Social dialogue
  • Workers’ rights
  • Capacity of governments to

regulate

Where do we go from here?

Introduction The problems The solutions

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#FairGrowth

#FairGrowth PES GROWTH2017 1 en 2 fr 3 it 4 bg