• Title/Summary/Keyword: European Globalisation Adjustment Fund(EGF)

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European Globalisation Adjustment Fund (EU의 세계화조정기금 연구)

  • Lee, Ki Hwan;Kim, Hee Kil
    • International Area Studies Review
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    • v.16 no.1
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    • pp.303-325
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    • 2012
  • This paper is to provide an analysis on the European Globalisation Adjustment Fund(EGF) program and the study of European Member State. Established in December 2006, the EGF was originally intended to help workers who were affected by redundancies resulting from globalisation. The EGF at present also provides support to workers who were made redundant as a direct result of the global financial and economic crisis. In general, EGF measures are defined as assistance actions for job search, training, upskilling, outplacement, business start-up, etc. The paper focuses on the cases implemented by EGF for redundant workers harmed by globalisation and by a direct result of the global financial & economic crisis, and also focuses on the statistical portrait of the EGF 2007-2011. In addition, the paper provides criteria & implications of the EGF in the changing international economy. Finally, we could learn the importance of the EGF program through the analysis in this paper. With criteria & implications of the EGF program, the effective application to keep workers in employment or help them back into jobs would help us get over difficulties.