EuroMemorandum 1998

Full Employment, Solidarity and Sustainability in Europe – Old Challenges, New Opportunities for Economic Policy

1. Introduction: Dangerous Financial Fragility but Better Prospects of a New Economic Policy
2. Immediate Measures for More Employment, Financial Stability and Sustainable Growth in Europe
   1. European employment policy
      
      1. a. Specifying an overall employment objective
      2. b. Co-ordinating national policies to expand employment
      3. c. Initiatives at the European level
   2. Protection against financial disruption
   3. The European contribution to a stable world economy
3. A Complete Re-orientation of Economic Policy – Towards a European Social Constitution
   1. Macroeconomic re-orientation: the way to full employment
      
      1. a. economic policy: broader goals and tighter co-operation
      2. b. monetary policy: integrating the ECB into the overall strategy
      3. c. fiscal policy: increasing the options and widening the revenue base
   2. A social constitution for Europe – central to the new paradigm
   3. Towards environmental sustainability: safeguarding the basis for development
   4. Stronger support for the enlargement process: an inclusive order of peace, freedom and social progress is again on the historical agenda in Europe
   5. Democratic involvement in Europe – Challenges and perspectives