A better Globalisation Fund

Publishing date: 01 February 2007
Authors: Jakob von Weizsäcker

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.

About the authors

Jakob von Weizsäcker

Jakob von Weizsäcker heads the department for economic policy and tourism at the Thuringian Economics Ministry in Erfurt and is a non-resident fellow at Bruegel where he was resident fellow form 2005 to 2010.

He previously worked at the World Bank in Washington (2002-2005) where he was country economist for Tajikistan and the Federal Economics Ministry in Berlin (2001-2002) where he headed the office of a junior minister. Before that, he worked for Vesta, a venture capital firm, and held research positions at the Center for Economic Studies in Munich and CIRED in Paris.