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Ending austerity policies to open a new time in Europe

The management of the economic crisis has had devastating consequences for our country, as well as for the eurozone as a whole. The fiscal austerity and wage reduction policies imposed over the last few years have unnecessarily prolonged the recession across the continent and generated deep social fractures by increasing economic and social inequalities.

Fiscal austerity and wage reduction policies have led us to a lost decade. Across the Eurozone, we haven’t yet regained pre-crisis level of per capita income, and in Spain this indicator is still 5% below its 2007 level. In our country, only one in three jobs lost during the crisis has been recovered, job precariousness has aggravated, and 29% of the population lives at risk of poverty or social exclusion.

New cuts in social spending and public investment such as those promised by the Partido Popular Government to Brussels, would have an extremely high economic and social cost. Growth would slow down, which in turn would heavily  impact job creation and aggravate the situation of those most affected by the crisis.
We need a turn in economic policies: we must end fiscal austerity and wage reduction policies to encourage a way out of the crisis that doesn’t leave anybody behind. This is crucial for Spain, as well as an opportunity to open up a new time in Europe.

Many voices at the international level are asking for a change in the Eurozone’s fiscal policy. The governor of the ECB has insistently called for an expansive fiscal policy for Eurozone countries, along with a monetary policy that avoids the risk of deflation. The OECD has also recently called for a relaxation in the Eurozone’s public deficit reduction goals in order to develop public investment plans that promote job creation and focus on productive priorities.

Genuinely boosting job creation, investing to modernise the productive fabric of our country, and tacking social fractures will require renegotiating with Brussels our country’s public deficit reduction rates. Making these objectives sustainable over time will also require a commitment from the next Spanish government to undertake a deep reform of the Pact for Stability and Growth that guarantees its flexibility to adapt to the economic cycle.

It is possible and necessary to reverse the cuts imposed over the last few years in healthcare, education, disability, and research; in order to bring Spain closer to European levels. Only by doing so, the benefits of economic growth will reach society as a whole and inequality will be reduced.

Additionally, it’s not enough to create new jobs, they must be quality and stable ones. This means repealing the last two labour reforms, not to go back to the previous situation, but to create a new, more democratic, and balanced framework of labour relations that guarantees living wages and discourages the fraudulent use of temporary contracts. Equality between men and women, especially in the job market, is also an essential condition to reinforce our democracy and wellbeing.

Furthermore, a new economic agenda for our country and the Eurozone cannot ignore the enormous environmental challenges ahead. Reconciling growth, job creation, and sustainability will require putting public investment programs at the service of the necessary process of decarbonisation of our industrial infrastructure and of an energetic transition based on efficiency and the use of renewable energies, thus guaranteeing an occupational alternative for those currently working in the affected sectors.

We also denounce the so-called free trade and investment treaties, such as TTIP, CETA, and TISA, negotiated in secrecy, which represent a serious threat to sovereignty and the environment, as they put the needs of transnational corporations before workers rights, health and environmental controls, and the democratic laws of countries.

Europe changes when its societies and governments change. For that reason, we think a change in the government of Spain is a first and fundamental step to initiate a wider change in the Eurozone. The change in economic policies that Spain needs is the same required by Europe, and vice-versa.

For all these reasons, we publicly back Unidos Podemos’ candidacy for the next general elections that will take place in Spain on June 26th. We believe their economic program is capable of tackling with credibility and rigour the challenges of the present and the future. We believe their program will serve to put an end to austerity policies in Spain, thereby also opening a new time in Europe.

 

List of signatures:

  1. Vicenç Navarro, Catedrático de Políticas Públicas, Universitat Pompeu Fabra.
  2. Thomas Piketty. EHESS & Ecole d’Economie de Paris/Paris School of Economics.
  3. Ann Pettifor, Director of Policy Research in Macroeconomics and a member of Jeremy Corbyn’s Labour Party economic advisory panel.
  4. James Galbraith. The University of Texas at Austin.
  5. Victoria Chick. Emeritus Professor of Economics. University College London.
  6. Rafael Muñoz de Bustillo Llorente. Catedrático de Economía Aplicada. Universidad de Salamanca.
  7. Marina Subirats. Catedrática emérita, Universidad Autónoma de Barcelona.
  8. Ozlem Onaran, Professor of Economics, Director of Greenwich Political Economy Research Centre, University of Greenwich.
  9. Bruno Estrada. Economista. CCOO y Junta Directiva de Economistas Frente a la Crisis.
  10. Bibiana Medialdea, Profesora de Economía, Universidad Complutense de Madrid.
  11. Robert Pollin, Distinguished Professor of Economics and Co-Director, Political Economy Research Institute (PERI), University of Massachusetts-Amherst. (EEUU)
  12. Lourdes Benería. Catedrática emérita, Cornell University.
  13. Javier Salinas Jiménez. Director del Departamento de Economía y Hacienda Pública. Universidad Autónoma de Madrid.
  14. Maria Cristina Marcuzzo. Dipartimento di Scienze Statistiche. Università di Roma “La Sapienza”.
  15. Amit Bhaduri, Professor Emeritus, JNU, New Delhi , India  (Winner of 2016 Leontief Prize in Economics).
  16. César Estrada Martínez, Ex Consejero de Hacienda, Junta de Andalucía.
  17. Eugenia Correa. Facultad de Economia. Universidad Nacional Autónoma de México.
  18. Marc Lavoie. Professor. University of Ottawa and University of Paris 13.
  19. Nuria Alonso. Universidad Rey Juan Carlos e ICEI.
  20. Francisco Javier Braña. Catedrático, Universidad de Salamanca.
  21. María Pazos Morán. Investigadora en el Instituto de Estudios Fiscales.
  22. Steve Keen, Head of School of Economics, History & Politics in Kingston University.
  23. Coral del Río Otero. Catedrática de Economía Aplicada. Universidade de Vigo
  24. Carlos Berzosa, Catedrático, Universidad Complutense. Ex Rector.
  25. Stephanie Seguino. Professor, Department of Economics. University of Vermont.
  26. Ignacio Muro. Economista, Ex Director de la Agencia EFE. Junta Directiva de Economistas Frente a la Crisis
  27. Sergio Cesaratto. Dipartimento di Economia Politica e Statistica. University of Siena.
  28. Noemi Levy-Orlik. Fac. de Economia. Universidad Nacional Autónoma de México.
  29. Fernando Luengo, Universidad Complutense de Madrid.
  30. Mary Robertson, University of Greenwich.
  31. Nancy Folbre. Catedrática emerita, University of Massachusetts Amherst.
  32. Antonio Baylos. Catedrático. Universidad Castilla La Mancha.
  33. Francisco Louça. Catedrático. ISEG. Universidad de Lisboa.
  34. Jorge Uxó. Universidad de Castilla – La Mancha.
  35. Jacques Généreux, Prof. of economics-Sciences Po. Chairman of the committee developing the Jean-Luc Mélenchon’s program for 2017. Former Secretary of economy (Parti de Gauche).
  36. Eladio Febrero. Universidad de Castilla-La Mancha.
  37. Eckhard Hein, Professor of Economics, Berlin School of Economics and Law.
  38. Malcolm Sawyer. Emeritus Professor of Economics. University of Leeds.
  39. Luis Alberto Alonso González, Universidad Complutense de Madrid.
  40. Gerald Epstein. Professor of Economics and Co-Director, Political Economy Research Institute (PERI)University of Massachusetts Amherst.
  41. Michael Ash. Professor of Economics and Public Policy.University of Massachusetts Amherst.
  42. Javier Loscos Fernández. Dto. Economía Aplicada IV e ICEJC (UCM)
  43. Dean Baker, Co-Director, Center for Economic and Policy Research in Washington.
  44. Mònica Clua Losada. Profesora Titular de Political Economy, Universidad de Texas.
  45. Albert Recio Andreu. Universidad Autónoma de Barcelona.
  46. David Trillo. Universidad Rey Juan Carlos.
  47. Nicola Acocella. Professor of Economic Policy. Department of Methods and Models for Economics, Territory and Finance. Faculty of Economics, University of Rome ‘La Sapienza’.
  48. John King, Emeritus Professor, La Trobe University and Honorary Professor, Federation University Australia.
  49. Raúl de Arriba Bueno. Profesor Titular de Universidad. Universidad de Valencia(España)
  50. Matías Vernengo Professor of Economics, Bucknell U.Co-editor, Review of Keynesian Economics (EEUU)
  51. Andrew Watt. Macroeconomic Policy Institute (IMK)
  52. Rafael Gómez Gordillo. Universidad Pablo de Olavide, Sevilla.
  53. Marica Frangakis. Member of the Board of Nicos Poulantzas Institute
  54. Sergio Rossi, Department of Economics. University of Fribourg (Switzerland)
  55. José-Ignacio Antón. Department of Economics. Johannes Kepler University Linz.
  56. Riccardo Bellofiore, University of Bergamo, Italy
  57. José Castro Caldas. Centre for Social Studies, Coimbra University, Portugal.
  58. Joaquín Aparicio Tovar. Catedrático. Universidad Castilla-La Mancha.
  59. Dimitri B Papadimitriou, President Levy Economics Institute. New York
  60. Manuel Lago, Economista, CCOO
  61. Gabriel Flores Sánchez Doctor en Ciencias Económicas y Empresariales.
  62. Hansjörg Herr Berlin School of Economics and Law Berlin.
  63. Alejandro Inurrieta, Economista.
  64. Engelbert Stockhammer, Kingston University, UK
  65. Martin Myant, Head of Unit “European Economic, Employment and Social Policy”, European Trade Union Institute.
  66. Antonio Sánchez Andrés. Universidad de Valencia.
  67. Georg Feigl. economista y miembro de BEIGEWUM. Viena, Austria.
  68. Antonio Palazuelos Manso. Universidad Complutense de Madrid.
  69. Achim Truger,  Berlin School of Economics and Law, Berlin, (Alemania)
  70. Juan Laborda Herrero. Universidad Carlos III de Madrid.
  71. Jan Kregel. Director of Research. Levy Economics Institute, EEUU.
  72. L. Randall Wray. Professor of Economics, Bard College
  73. Paloma López Núñez. Economista. Concejala Ayuntamiento Colmenar Viejo (España)
  74. Trevor Evans. Institute for International Political Economy (IPE) Berlin School of Economics & Law.
  75. José Ángel Moreno Izquierdo. Miembro del Patronato de Economistas sin Fronteras.
  76. Antonio Lettieri – editor de Insight
  77. Guglielmo Forges Davanzati Associate professor of Political Economy University of Salento.
  78. Omar de León Naveiro, Universidad Complutense de Madrid.
  79. James Crotty. Professor Emeritus. UMASS Amherst Economics Department.
  80. Jorge Fonseca, Universidad Complutense de Madrid.
  81. Jayati Ghosh. Jawaharlal Nehru University. New Delhi.
  82. Jesús Rivera Navarro. Universidad de Salamanca.
  83. Bruno Rossmann. Member of Parliament for the Green Group Austria.
  84. Carlos Ochando Claramunt, Universidad de Valencia.
  85. Judith Dellheim, Rosa Luxemburg Stiftung, Berlin.
  86. Eduardo Sánchez Iglesias, Profesor de Ciencias Políticas de la UCM
  87. Daniele Tori. Greenwich Political Economy Research Centre (GPERC).
  88. Antonio Antón Morón. Universidad Autónoma de Madrid.
  89. Prabhat Patnaik, Professor Emeritus, Centre for Economic Studies and Planning, Jawaharlal Nehru University, New Delhi.
  90. José Ramón Mariño. Economista. ATTAC
  91. Rafael Grande. Universidad de Salamanca.
  92. Ilene Grabel. Josef Korbel School of Int’l Studies; University of Denver.
  93. Aleksander Sulejewicz. Warsaw School of Economics (Polonia)
  94. David R. Howell. Professor of Economics and Public Policy. The New School NY (USA)
  95. William Milberg. Dean and Professor of Economics. New School for Social Research. New York.
  96. Thomas E. Weisskopf, Professor Emeritus of Economics. University of Michigan
  97. C. P. Chandrasekhar. Dean, School of Social Sciences and Professor, Centre for Economic Studies and Planning, Jawaharlal Nehru University, New Delhi, India.
  98. Michael R. Krätke. Chair of Political Economy. Faculty of the Arts and Social Sciences. Lancaster University. (USA)
  99. Alfredo Saad Filho. University of London.
  100. Manuel Branco. Departamento de Economía, Universidad de Évora. (Portugal)
  101. James Heintz. University of Massachusetts, Amherst. Department of Economics &Political Economy Research Institute
  102. Richard Ross. Political Economist
  103. Gary Dymski. Professor of Applied Economics, Leeds University Business School. Co-Leader, CITIES theme, University of Leeds (UK)
  104. Christopher Cramer. Professor of the Political Economy of Development. SOAS, University of London.
  105. Ana Martín García. Economista.
  106. Santiago Garma, Catedrático de la Universidad Complutense (jubilado).
  107. Peter Herrmann. EURISPES – Istituto di Studi Politici, Economici e Sociali. Roma
  108. Guillermo José de la Torre Fernández del Pozo. Economista. Fundacion tripartita para la formacion en el empleo. Asistencia tecnica CC.OO.
  109. Torsten Müller. Senior Researcher. European Trade Union Institute – ETUI
  110. Angela Wigger, Associate Professor Global Political Economy, The Netherlands. Department of Political Science. Radboud University Nijmegen. HK Nijmegen
  111. Pekka Sauramo. Senior economist. Labour Institute for Economic Research. Helsinki, Finland.
  112. Ricardo Gottschalk, UNCTAD, Geneva.
  113. Giorgos Galanis, University of London.
  114. Graham Gudgin. University of Cambridge.
  115. Domenico M. Nuti, Emeritus Professor, Sapienza University of Rome
  116. Tomás Rotta. Greenwich Political Economy Research Center. London.
  117. Jeremy Leaman. Loughborough University.
  118. Gilad Isaacs, Research Coordinator, CSID, School of Economics and Business Sciences, University of the Witwatersrand, Johannesburg, South Africa.
  119. Ruggero Paladini, Professor, Unitelma Sapienza, Roma
  120. Antonio Rodriguez Gil. Leeds University Business School (LUBS)
  121. Stefanos Ioannou, University of Leeds.
  122. Joshua Banerjee. Institution: Financial Conduct Authority (UK). London School of Economics and Political Science
  123. Fabio Sdogati. Professor Of International Economics. Politecnico Di Milano
  124. Francesco Garibaldo. Director of “Claudio Sabattini ” Foundation
  125. Eduardo Strachman. São Paulo State University – UNESP (Brasil)
  126. Cristina Vega. Facultad Latinoamericana de Ciencias Sociales (FLACSO) – sede Ecuador.
  127. Marco Missaglia. Facultad Latinoamericana de Ciencias Sociales (FLACSO) – sede Ecuador.
  128. Julia Cage. Sciences Po. Paris
  129. Martin Schürz. Economista. Facultad de economía de Viena
  130. Stefano Lucarelli, University of Bergamo and Centre d’économie de la Sorbonne.
  131. Mario Seccareccia, University of Ottawa, Canadá.
  132. James K. Boyce. Department of Economics & Political Economy Research Institute
University of Massachusetts Amherst (EEUU)
  133. Miriam Rehm, Economist in Vienna, Ph.D.
  134. Georges Menahem, Director of research in the French CNRS
  135. Alexander Guschanski. Greenwich Political Economy Research Centre.
  136. Srinivas Raghavendra. National University of Ireland, Galway. Republic of Ireland.
  137. Javier Infante Miguel-Motta. Titular de Historia del Derecho y de las Instituciones.
  138. Thomas Goda. School of Economics and Finance.
  139. Louison Cahen-Fourot. Paris-3 Sorbonne Nouvelle Universities
  140. Werner Raza. Former Head of ÖFSE (Austrian Foundation for Development Research).
  141. Trevor Evans. Berlin School of Economics and Law.
  142. Bruno Carballa Smichowski. Universidad de Buenos Aires y CEPN – Université Paris XIII – Sorbonne Paris Cité.
  143. Asensi Descalç i Tormo. Universitat de València.
  144. Serge Mas. Economiste de l’Union Régional d’Ile de France CGT (URIF CGT)
  145. Mireille Bruyère. Economiste Atterrés France y Université de Toulouse.
  146. Gilles Raveaud. University Paris 8.
  147. Ana Podvrsic. University Paris 13.
  148. Anne EYDOUX. Université Rennes 2, économiste atterrée.
  149. Cédric Durand, Economist, Paris 13 University
  150. Fernando López Castellano. Universidad de Granada.
  151. Nicolas Pinsard. Paris 13 CEPN
  152. Léonard Moulin. University Paris 13.
  153. Nicolas Prokovas. Université Paris 3 – Sorbonne Nouvelle
  154. Carlos Oya. SOAS, University of London.
  155. Nikolaos Karagiannis. Professor of Economics. Winston-Salem State University.
  156. Mu-Jeong  Kho. University College London (UCL).
  157. Ricardo Robledo Hernández. Catedrático de Historia Económica. (Universidad de Salamanca y Universitat Pompeu Fabra).
  158. Ernest Cano Cano. Decano de la Facultat de Ciències Socials. Universitat de València.
  159. Laurence Lizé, Paris 1 France
  160. Henri Sterdyniak, les Economistes Atterrés, France.
  161. Margarita Almela. Profesora Titular, UNED.
  162. Jo Michell. Senior Lecturer in Economics, UWE, Bristol.
  163. Philippe Légé, University of Picardie.
  164. Carlos Ruiz, ATTAC
  165. Ángel Luis González Esteban. Universitat de Barcelona.
  166. David Cayla, University of Angers.
  167. Emeric Lendjel, Université Paris 1 Panthéon-Sorbonne.
  168. Alessandro Vercelli. University of Siena
  169. Marcial Sequeira De Fuentes. Universidad De Castilla La Mancha
  170. Javier Gimeno Perelló. Universidad Complutense.
  171. Ramón Sánchez Tabarés. Catedrático jubilado de la Universidad de Barcelona.
  172. Ananda Martinez. Economista.
  173. Juan Mª Terradillos Basoco. Catedrático. Universidad de Cádiz.
  174. Dominique Méda. Sociólogo.
  175. Enrique Berzosa Alonso Martinez. Jubilado de autonómo y empresario.
  176. Umberto Romagnoli. Università di Bologna.
  177. Antonio Loffredo. Universidad de Siena.
  178. Antoine Godin, PhD. Associate Professor of Economics, Kingston University, London
  179. Inmaculada Fenollosa Martin. Economista
  180. Yves Dimicoli Economiste, Miembro de la Comisión Económica del PCF. Ex asesor del Consejo de Análisis Económico del Primer Ministro.
  181. Berta Valdés de la Vega. Catedrática de Derecho del Trabajo y de la Seguridad Social. UCLM
  182. Raúl Lorente Campos. Profesor Contratado Doctor del Departamento de Sociología de la Universidad de Valencia
  183. Aurélie Trouvé. Economista. Francia
  184. Pierre Ivorra, periodista económico del diario francés “L’Humanité”
  185. Lydia Olza Vicente. Economista. Universidad Pública de Navarra
  186. Teresa Gómez.Economista, miembro de econoNuestra
  187. José Luis Méndez Altozano. Economista
  188. José Antonio Noguera. Profesor Titular de Sociología, Universidad Autónoma de Barcelona
  189. Denis Durand, Economista miembro de la Comisión Económica del PCF. Ex-Director adjunto de Banque France, ex-miembro del Consejo Económico, Social y de Medio Ambiente.
  190. Sol Trumbo Vila. Economista. Transnational Institute, Amsterdam.
  191. Francisco Lechago. Economista
  192. Teresa Corcobado Cartes. Profesora titular jubilada. Universidad de Extremadura.
  193. José Acevedo Gonzalez. Economista.
  194. Rosana Calle García. Economista. Prof . UMA
  195. Esteban Cruz Hidalgo. Economista. Asociación por el Pleno Empleo y la Estabilidad de Precios.
  196. Jorge Amar Benet Economista, Presidente Asociación por el Pleno Empleo y la Estabilidad de Precios ( APPEEP).
  197. Eduardo Rivera Vicencio. Facultat d’Economia i Empresa. Universitat Autònoma de Barcelona
  198. Jesús Ramos Martín. Facultad Latinoamericana de Ciencias Sociales (FLACSO) – sede Ecuador.
  199. Carlos Rodrigo Illera. Catedrático de Economía Financiera en la UNED
  200. Pablo Bortz, Universidad Nacional de San Martín, Argentina.
  201. Juan Dorado Romero. Doctor en Ciencias Políticas y de la Administración por la Universidad Complutense de Madrid.
  202. Mariela Lindner Yaquinta. Facultad de Ciencias Económicas y de Administración Udelar. Uruguay
  203. José Campo Guardiola Economista y Sociologo
  204. Dr. Antonio Luis Hidalgo Capitán. Profesor Titular de Economía Aplicada. Universidad de Huelva
  205. José Ángel García Caballero. Profesor de Economía. Educación Secundaria.
  206. Ian Seda-Irizarry, John Jay College, City University of New York
  207. Manolo Caldas. Asesor Fiscal y exprofesor asociado de Economía Financiera y Contabilidad de la Universidad de Vigo
  208. Rafael Domínguez Martín. Director de la Cátedra COIBA. Departamento de Economía, Universidad de Cantabria
  209. Carmen Castro García. Economista Feminista y activista social. ATTAC. PPiiNA.
  210. M. Dolores Santos Fernández. Profesora de derecho del trabajo de la universidad de Siena
  211. Louis Choma. King’s College London y Universidad Complutense de Madrid
  212. Alberto Aziz Nassif, Profesor-Investigador del CIESAS, México
  213. Alicia Girón. Instituto De Investigaciones Económicas – UNAM
  214. Eduardo Berzosa Alonso-Martinez. Economista y funcionario de la Administración del Estado jubilado.
  215. Juan A. Rubio Mondéjar. Departamento de Teoría e Historia Económica, Universidad de Granada.
  216. Montserrat Sagarra Fito. Economista y Auditora
  217. Aleksander Sulejewicz, dr hab., profesor asociado de Warsaw School of Economics en Varsovia.

 

* If you wish to support the manifesto, please send an email to puntofinalalaausteridad@gmail.com, indicating your name and surname, and affiliation or institution that should be included in the relation of signatures.