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Overcoming the crisis: new ideas, strategies and governance structures for Europe



In the next 5-10 years the EU and its Member States will be required to continue developing strategies  and  policies aimed  at overcoming  the  financial  and  economic  crisis  while  further promoting  smart,  inclusive  and  sustainable  economic  growth.  The  impacts  of  the  economic crisis have been far reaching on the ability of the EU economy to innovate, grow, and create jobs  with  major  societal  consequences.  Action  is  therefore  needed  now  to  help  develop solutions that will lay the foundations for a sustainable job-rich recovery and will allow the economy to transform itself. The portfolio of activities within this area will focus on socio-economic  and  behavioural  research  on:  (1)  the  reform  of  the  EU  economic  governance structure  to  better  secure  financial  and  economic  stability  (focusing  on  the  ’Blueprint  for  a deep and genuine Economic and Monetary Union’); (2) the social, political, legal and cultural consequences of the crisis, such as higher unemployment, the widening of social disparities, rising  Euroscepticism  and  distrust  in  politics,  and  the  consequent  national  and  EU-level responses;  (3)  understanding  the  evolution  of  the  crisis:  long-term  structural  problems  and short-term crisis impact (including short run vs. long run crisis resolution strategies); and (4) the  impacts  of  broader  global  trends  on  the  EU's  economy  and  governance  (e.g.  climate change,  migration,  promotion  of  human  rights,  etc).  Actions  in  this  area  will  support  the ‘Europe  2020’  Strategy,  and  the  EU  approach  to  a  Deep  and  Genuine  Economic  and Monetary Union.




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