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SUMMARY:Crisis in Europe and Policy Alternatives. - Dr Ozlem Onaran\, Midd
 lesex University
DTSTART:20110223T160000Z
DTEND:20110223T170000Z
UID:TALK29032@talks.cam.ac.uk
CONTACT:Ellen Ihrig
DESCRIPTION:We are in a new episode of the global crisis: the struggle to 
 distribute the costs of the crisis. The financial markets are relabeling t
 he crisis as a "sovereign debt crisis" and pressurizing the governments in
  diverse countries ranging from Greece to Britain to cut spending to avoid
  taxes on high income and wealth. In Europe the crisis laid bare the histo
 rical divergences. At the root of the problem is the neoliberal model whic
 h turned the periphery of Europe into markets for the core.  The EU's curr
 ent policies are still assuming that the problem is a lack of fiscal disci
 pline and do not question the structural reasons behind the deficits. The 
 crisis calls for a major change in policy framework within Europe. This is
  a crisis of distribution and a reversal of inequality at the expense of l
 abour is the only real solution.
LOCATION:Mill Lane Lecture Rooms\, Room 4
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