Social Sciences
8 years ago

European Monetary Union hinders social mobility in the European Union.

Tijdschrift voor Economische en Sociale Geografie
<i>EUROPEAN UNION: ECONOMIC CONVERGENCEVERSUS SOCIAL MOBILITY</i>
Chong Ju Choi, Philip Cheng, Brian Hilton

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The article looks at how the European Union's economic convergence, especially through the European Monetary Union, might affect social mobility in Europe. The focus is on the slow movement of people between different jobs. The authors suggest that this lack of mobility could be because of psychological and social reasons.