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The winner of the essay contest will receive a prize of €60,000. A prize of €25,000 will be awarded to the best essay written by an author under the age of 30. A further €15,000 will be awarded to runners-up at the discretion of the panel of judges , which is chaired by Pascal Lamy, a former European Trade Commissioner and ex-director general of the World Trade Organization. Submissions are due by July 31 and the awards will be presented at a dinner ceremony in Brussels in October. The rules and conditions can be found below.
Declining real wages and increasingly insecure job tenure have also no doubt played a big role in many young couples’ conclusions that they should either remain childless or delay marrying and starting families. In a paper presented at the Social Trends Institute conference, demographers Wolfgang Lutz, Stuart Basten, and Erich Striessnig noted that over the last generation in the developed world, especially in Europe, entry into professional life after education has become more difficult. “In many European countries,” they observed, “where young employees in the past enjoyed positions which were more or less permanent, today many have to jump from one short-term contract to the next. Under such conditions it becomes less attractive to establish a family and, subsequently, to avoid dedicating all of one’s time and energy to pursuing a professional career.” 16