Welfare state reform and the Eurocrisis - a critical encounter (Dang fuli guojia gaige yu ouyuan weiji buqi eryu)

A.C. Hemerijck, M. Stepan

Research output: Contribution to JournalArticleAcademicpeer-review


The aftermath of the global financial crisis of 2008 marks a ‘stress test' for
European welfare states. The Euro crisis is bringing the European Union to a new political crossroads, raising the stakes for devising effective pan-European macro economic governance structure and timely social policy intervention above and across the EU member states. The key challenge is to make long-term social
investment and short-term fiscal consolidation mutually supportive both in the EU
and the Member States.
Original languageChinese
Pages (from-to)101-126
JournalChinese Journal of European Studies
Issue number1
Publication statusPublished - 2013

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