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EUROPE |
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In the fifties, the
precursor to the current European Union, the European Coal and Steel
Community (ECSC) organised the modernisation and rationalisation
of these strategic sectors. As a result of the valuable experience
gained in the field of restructuring, the European Economic and
Social Committee (EESC) created a Consultative Committee on Industrial
Change (CCMI), whose expertise was extended to all aspects of industrial
change.
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During the seventies
three directly related to restructuring directives were adopted
and all of them were modified during the last 10 years: - collective dismissals (1975, modified in 1998) - transfer of undertakings (1977, modified in 2001) - insolvency (1980, modified in 2002) |
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Others initiatives have
been recently launched at European Union level: - Following the Gyllen Hammar reports the European Monitoring Centre on Change (EMCC – located in Dublin) has been created - Globalisation fund. Very recently, a new fund has been created to ease social consequences of “big” restructuring - Restructuring forum |
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| But, although European Construction can itself be seen as Global Restructuring, (in that it has far reaching results on the society, power and the economic life of the continent as a whole), the question is, does Europe itself have a global view on restructuring and is it equipped with the necessary tools to implement it? | ||||||
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Current European policy
on this issue may be the object of some concern and, with the
future in mind, a step back into the origins of the Union itself
and what it has, so far, been able to achieve, is worthy of reflection.
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Case
study:
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European restructuring and
policies
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