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Is the emperor wearing new clothes? A social assessment of the European Union 2007–2013 financial framework

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  • Fabio Monsalve
  • Jorge Zafrilla
  • María-Ángeles Cadarso
  • Angela García-Alaminos

Abstract

Over the years, European leaders have proudly waved a social flag as one of the European Union’s (EU) constituent and differentiating elements. This commitment is assessed here through the social footprint of the European 2007–2013 multiannual financial framework among the EU countries and, worldwide, using an extended multiregional input–output model. The focus is on the quantity and the quality of income and jobs generated. We find that well-known differences among its northern, southern and eastern regions threaten the EU’s intentions for high social standards, enabling first- and second-class winners. Core EU countries account for the most of the Funds and, thus, most of the positive economic and social impacts, mainly through spillovers from peripheral regions. Beyond the EU borders, Funds expenditures induce capital compensation boosts in emerging countries not balanced by a similar labor compensation impulse. Indeed, China captures the bulk of low-skilled and temporary employment.

Suggested Citation

  • Fabio Monsalve & Jorge Zafrilla & María-Ángeles Cadarso & Angela García-Alaminos, 2019. "Is the emperor wearing new clothes? A social assessment of the European Union 2007–2013 financial framework," Economic Systems Research, Taylor & Francis Journals, vol. 31(3), pages 285-304, July.
  • Handle: RePEc:taf:ecsysr:v:31:y:2019:i:3:p:285-304
    DOI: 10.1080/09535314.2018.1491391
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    Cited by:

    1. Raúl Del Pozo-Rubio & Fernando Bermejo-Patón & Pablo Moya-Martínez, 2022. "Impact of implementation of the Dependency Act on the Spanish economy: an analysis after the 2008 financial crisis," International Journal of Health Economics and Management, Springer, vol. 22(1), pages 111-128, March.
    2. Ángela García-Alaminos & Fabio Monsalve & Jorge Zafrilla & Maria-Angeles Cadarso, 2020. "Unmasking social distant damage of developed regions’ lifestyle: A decoupling analysis of the indecent labour footprint," PLOS ONE, Public Library of Science, vol. 15(4), pages 1-17, April.

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