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This paper examines the impact of higher education on youth unemployment. Following the 2008 financial crisis, youth unemployment returned to the fore as a serious concern among policy makers in Europe. A crucial difference from previous recessions is that this time around supply of higher education opportunities was much higher than in the 1980s, and indeed higher education participation rates grew rapidly in many regions during this period. Drawing on previous work on youth unemployment and the economic impacts of education we identify a variety of channels through which higher education is likely to influence youth unemployment. We examine this issue using a macro-panel of European regions for the period 2002-2012. This decade was characterized by variation in economic activity and higher education rates. Our results suggest that expansion of higher education during this period had a mitigating effect on youth unemployment and not recognizing this external benefit of education risks underestimating the effects of macroeconomic shocks on young people. © 2020, University of Illinois Press. All rights reserved.
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This article analyses the economic size and resilience of five established definitions of the Blue Economy across two geographical locations: Scotland (UK) and Michigan (USA). The article analyses sector-level employment, labor productivity and Gross Value Added (GVA) data, and uses graphical representations to highlight the differences in conceptualizing the Blue Economy in ways that affect its weight and contribution to regional economies. Further, it analyses how each definition has fared in the post-2007/2011 crisis, assessing their resilience. This novel work tackles the emerging discourse around the Blue Economy by highlighting its regional character, and by problematizing the divergent definitions of the concept. © 2022 Elsevier B.V.
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The ocean and coasts are largely absent from the “Green New Deal” proposal. In response to the limited attention paid to the sustainability and equitable governance approaches of the blue economy, a US “Blue New Deal” has been proposed aiming to protect the health of the ocean and support coastal communities' adaptation to climate change. The Blue New Deal emerged as a central policy proposal from 2020 Democratic presidential candidate Elizabeth Warren to enhance the role of the blue economy while simultaneously addressing the climate crisis. Through a just transitions analysis, this article evaluates the proposal for a US Blue New Deal — as designed by Senator Elizabeth Warren — that would be applied towards enhancing socioeconomic resiliency, environmental justice, and addressing social inequities. As part of a critical policy analysis evaluating the areas of focus Warren's Blue New Deal presents, environmental justice and sustainability are central to the success of managing, and enhancing the role of, the blue economy. The challenges facing the Blue New Deal reflect a “one size fits all” federal approach that has implications for addressing multifaceted obstacles in key sectors of the blue economy, its governance, and tackling interconnected crises that exacerbate socioeconomic inequities and vulnerabilities of marginalised coastal communities. This article proposes a blue justice framework for the Blue New Deal that seeks to address the tensions and contradictions that exist in its current form and indicates how a comprehensive policy framework can enhance the sustainability and equitable involvement of the blue economy. The information, practices and views in this article are those of the author(s) and do not necessarily reflect the opinion of the Royal Geographical Society (with IBG). © 2022 Royal Geographical Society (with the Institute of British Geographers).
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