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European liberal answers to the financial and economic crisiseldr, Saturday 5 December 2009 08:36 ::
Markets are an instrument in the service of economic prosperity, they are not an end in itself. Liberals believe in the benefit of open markets. Socialists and conservatives alike believe that protectionism offers a magic solution to the grave economic crisis. On the contrary, Liberals believe that competition stimulates the innovation that can lead us out of the crisis. The single market must be guarded like the jewel of the EU family. That implies a refusal to bail out structurally inefficient companies and thus place a massive tax burden on future generations. This is why liberalism is a crucial force in the process of solving the crisis. The need for a consistent and coordinated approach among the EU countries is evident. Liberals across Europe - in the European Parliament as well as on the national levels - have been working hard to prevent another meltdown of the global financial architecture and to revive economic growth. The ELDR special dossier "Financial crisis - liberal answers" provides a comprehensive compilation of documents and actions outlining how Liberals in Europe and across the globe have been tackling the challenges. Member parties contributions:
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About usELDR is the party for liberal democrat values in Europe. Together with our liberal members parties across the European continent we are transplanting the principle of freedom into politics, economics and all other areas of our societies. The ELDR provides an increasingly vital link between citizens and the EU institutions and is continuously growing in size and significance. |
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