The first annual Progressive Economy Parliamentary Conference took place in the premises of the European Parliament in Brussels on 4-5 December 2013. The conference provided a new opportunity for progressive members of national parliaments and of the European Parliament to jointly debate the policies, challenges and developments in the economic and social field across Europe, as well as with leading economic experts and other policymakers in an open conference format.
The independent Annual Growth Survey (iAGS) report for 2014 was presented for the first time publicly by its authors during the first half-day conference. The 2014 iAGS provides analysis, forecasts and policy recommendations on macroeconomic perspectives, rising inequalities in labour markets, wage developments, and proposals in the field of euro zone governance. European Commission Vice President Olli Rehn participated in the debate.
The second half-day, a conference on the role of tax policy in fighting inequalities and in supporting sustainable growth and jobs was held with a debate among members of the European and national parliaments and leading experts in this field.
The Progressive Economy initiative, launched by the S&D Group in 2012, aims at generating a public and informed debate on economic and social policy and at actively promoting progressive thinking in these areas. It is composed of several streams of work, including:
- an independent Annual Growth Survey (iAGS) providing detailed analysis, forecasts and recommendations for the European economy prepared by three economic institutes: OFCE; IMK; and ECLM;
- an academic and research network (Progressive Economy Academic Network) which brings together leading European and international experts in economic and social research, including Professors Joseph Stiglitz and Jean-Paul Fitoussi;
- a parliamentary alliance (Progressive Economy Parliamentary Network) aimed at deepening and broadening the democratic dimension of European economic and social governance at EU, Eurozone and Member State levels and at promoting a progressive policy agenda by national and European members of Parliament from PES and S&D Group affiliated members.