Lia Quartapelle, Research Fellow ISPI, presents the ISPI Studies "An endless road to social recovery?".
Occupy Wall Street, the indignados and the other protest movements that have swept the world after the financial crisis have all aired grievances about inequality and unemployment. The world financial crisis cannot be considered to have impacted neutrally on all income groups and across all types of wealth producing activities. Equally, the measures implemented to tackle the inherent causes of the crisis are affecting differently labor and capital factors. Recovery will not be costless: the previous experience with financial crises in other parts of the world have pointed to the risk of “jobless recovery”. These wider dynamics of adjustment and recovery imply consequences also for internal and global instability.
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