The Sound Of Economics

S5 Ep28: Backstage: Policy principles for a new social contract

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Synopsis

**This episode of The Sound of Economics features Bruegel senior fellow Zsolt Darvas in conversation with Maurizio Bussolo and Bernadette Ségol about income inequality in Europe and Central Asia, and the policy principles underpinning a possible new social contract. ** Although income distribution in Europe and Central Asia reaches a fairly egalitarian standard relative to the rest of the world, the current levels of inequality among individuals and households are a major cause of dissatisfaction. In the time of globalisation and rapid technological change, when income inequalities heavily affect people's security and well-being, the demand for a new social contract (and hence welfare state) is apparent. But what would a renewed social contract look like? In this episode of Bruegel Backstage, senior fellow Zsolt Darvas talks to Maurizio Bussolo, the lead economist for Europe and Central Asia at the World Bank, and Bernadette Ségol, the former secretary general of the European Trade Union Confederation.