Growth

European Commission President Jean-Claude Juncker’s investment plan to kickstart the European economy proposes solutions based on the outdated assumption that growth in terms of construction of large infrastructure projects is the way forward. A more imaginative approach would be to look beyond this, and to put welfare and sustainability at the core of an ambitious long-term plan, which could make Europe’s economic future seem much more bright.

Considering the current attitude of the Turkish government which regards regulations as hurdles reducing economic growth, the recent Soma mining accident should not have come as a surprise. From both economic and ecological points of view, the Turkish economic growth trajectory is not sustainable and should be changed.

The Green Industrial Revolution is clearly a positive and inspiring story, but there is room for doubting the ability of green technologies to stimulate a new wave of growth comparable to the industrial revolutions of the nineteenth and twentieth centuries.

With one of the highest growth rates in the European Union, the Polish economy seems to escape the crisis. But there is another side of the coin. The Polish are working more and more but earning less. This is the result of a practical obligation to systematically work overtime during weekends and the impossibility of taking annual leave. But what is the social impact of this inequality?