This is an open access title available under the terms of a CC BY-NC-ND 4.0 License.
It is free to read, download and share on Elgaronline.com. This innovative book
provides the first in-depth analysis of participatory income and its potential role
in countering endemic poverty and unemployment in high-income countries. Heikki
Hiilamo reviews the concept of basic income and specific basic income experiments
before presenting participatory income as a viable alternative in the fight against
This book aims to answer a number of important questions. To what extent have European countries converged or diverged with EU-wide economic and social indicators over the past 20 years? What have been the drivers of convergence? Why do some countries lag behind, while others experience continuous upward convergence? Why are these trajectories not always linear? Particular attention is paid to the role of institutions, actors and industrial relations – focusing on the resources and strategies of governments, employers and trade unions – in nudging EU countries onto an upward convergence path.