Here are six policies that have worked well in one country and might usefully be filched
Save time by listening to our audio articles as you multitaskSome good ideas have indeed crossed borders. Short-time work schemes are one example. Instead of laying workers off when covid-19 crushed demand for their labour, many European employers cut their hours , and states made up part of their lost wages. Thus, workers remained attached to employers, and quickly returned to work when demand picked up again. Germany had shown the idea worked after the financial crisis of 2008.
Belgium is seldom seen as a paragon of good governance; for a while a decade ago it had no national government at all. But last month it agreed on a thoughtful way to tackle thecrisis. In normal times, landlords are allowed to raise rent in multi-year tenancies in line with inflation. As energy prices have soared, this could have been a double-whammy for tenants, clobbered by high gas bills and the secondary inflation these have caused.
Europe can learn from Britain, too, and not just about the folly of leaving the European Union. In 2018 Britain introduced unexplainedorders, whereby a court can demand that when suspicious types buy yachts or penthouses in Knightsbridge, they must reveal where the money came from. Oligarchs, drug bosses and their relatives may lose their assets if they cannot satisfactorily explain how they were paid for. Enforcing this rule has been a challenge, and has enriched many London lawyers.
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