Implications of the euro changeover on social policies

Abstract

The paper is aimed at investigating the consequences that the Euro changeover has generated on social policies in the EU countries, both the developing and the developed ones. The sharpening of inequality within the most exposed developed economies is a fact. And at an European and global level it has caused the polarization of society. The paper identifies the means through which the Euro changeover has had negative or positive effects over the social indicators inside the European Union. By analyzing these indicators, the paper determines the effects that the changeover has on all social aspects, including those of social inequality. By doing so, it can therefore be established, if the changeover is a solution or yet another problem on the globalized European social market.