EU Sources - The World Bank on inequality and income convergence - March 31, 2018

The World Bank investigated the occurrence of inequality in Europe and published several related reports. The economic integration and convergence in the EU has slowed, giving rise to concerns over income inequality and social exclusion over the past decade. Income inequality across the EU is high but drastically declined as poorer countries and households converged to richer ones, particularly between 1993 and 2008. The global crisis took a toll on economic growth and this convergence has since stalled, with EU-wide inequality still at relatively high levels. Moreover, within-country levels of inequality have increased, particularly in Central and Eastern European countries. Growth in household incomes and convergence up until 2008 has been followed by years of crisis and stagnation, leading to concerns over continued growth and fairness in the EU. The impact of recession has been visible in communities, but the hardship has not fallen equally on all shoulders.

Read on: in English …   The two main reports: in English (1) …   in English (2) …

For more information, please contact the editor Jan Cremers or Sanne van der Gaag, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the Head of communications at the ETUI, Willy De Backer wdebacker@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter or consult the archive with all articles in our database at www.cbnarchive.euYou may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.

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