1. The European Globalisation Adjustment Fund (EGF) is a unique and innovative instrument of labour market policy in the European Union. It is the European manifestation of a deliberate employment strategy to promote active labour markets that are responsive to change. Created in late 2006, its main aim is to support reemployment at Member State level for workers who lose their jobs because of globalisation. Its scope has recently been enlarged to include job losses related to the financial and economic crisis.
The EGF is important on several fronts. It constitutes the social underpinning of the European Union’s commitment to economic globalisation. It requires a coordination between the European institutions and national governments. It represents a European layer of active “social security”, with genuine European solidarity. Its purpose mirrors the policy of “trade adjustment assistance” in the United States. Six decades of American experience illustrate both the relevance and the challenges of a labour market instrument that seeks to support workers who suffer from trade related competition.
The ongoing economic crisis has brought the EGF into the limelight. This timely seminar will analyse the EGF from various angles and disciplines: from a labour market policy perspective, from a legal and comparative perspective, and from a practical perspective. It will offer insights, guidance and practical illustrations. It aims to reach the wide and varied audience with a professional interest in the EGF and labour markets: lawyers, economists, social scientists, policy-makers, unions, employers, and public officials.
2. For more information, including program and registration details, click here.