Jacques Delors Centre, Bertelsmann Stiftung (ed.)

Nils Redeker

Unlocking Europe’s Piggy Bank

Corporate Saving, Labor Power and Policies for Investment

  • 2019, 12 pp (PDF)
  • Free of charge

European companies invest too little. Instead, firms increasingly retain profits and build up large savings which contributes to low growth, rising inequality and financial instability. Boosting private investment, therefore, has become main priority for the new Commission. Based on new empirical evidence this policy paper by Nils Redeker proposes a novel strategy to achieve this goal: strengthening the bargaining position of Labor.