A better Globalisation Fund

Abstract

In their policy brief, visiting Bruegel Scholar Etienne Wasmer and Research Fellow Jakob von Weizsäcker argue for wage insurance and mobility allowances for trade-displaced workers as two simple active labour market schemes that can be addressed by the European Globalisation Adjustment Fund. They also argue for establishing sound precedents, strengthened eligibility rules and a scientific evaluation of the results of these schemes in order to decide if the programme should be continued beyond 2013.