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This paper reviews recent trends in the labour share in G20 countries (and over a long period of time in a few) and discusses possible causes of the observed trends. It then explores linkages between the labour income share and the main components of aggregate demand.
The United Kingdom has made tremendous progress in recovering from the largest economic crisis in 80 years. And this progress has laid the foundations for further reforms needed to boost productivity and inclusiveness.
Le Royaume-Uni devrait afficher une croissance économique cette année et en 2016, mais des difficultés subsistent pour stimuler la productivité et rendre la croissance future plus inclusive, selon la dernière Étude économique de l’OCDE.
This report delivers evidence-based and practical recommendations on how to better support employment and economic development in England. It builds on sub-national data analysis and consultations with local stakeholders in Nottingham and North Nottinghamshire in the East Midlands as well as Hull and Scarborough in Yorkshire and the Humber. It provides a comparative framework to understand the role of the local level in contributing to more and better quality jobs. The report can help national and local policy makers in England and the UK build effective and sustainable partnerships at the local level, which join-up efforts and achieve stronger outcomes across employment, training, and economic development policies. Co-ordinated policies can help workers find suitable jobs, while also stimulating entrepreneurship and productivity, which increases the quality of life and prosperity within a community as well as throughout the country.
The challenge before us is clear. It is no longer possible for us to think about inequalites and growth separately. We need to promote more Inclusive Growth to ensure the recovery and lay the foundations for a shared and affluent future.
Le taux de chômage de la zone OCDE en baisse à 7.1% en décembre 2014
We therefore need a “copernician” change in our approach to the growth – inequality nexus: let’s not think growth first, and inequality thereafter but let’s consider both of them, together, in their circularity. In other words, let’s think “Inclusive Growth”, right from the start, and let’s make it another touchstone of our efforts and complement the Pittsburgh tryptic of strong, sustainable and balanced growth!
Going for Growth is the OECD’s flagship report on structural policies. The purpose of Going for Growth is to help governments setting a reform agenda to improve citizens’ well-being. It has been instrumental in helping G20 countries to develop growth strategies to raise their combined gross domestic product (GDP) by 2% over baseline projections by 2018 – as agreed by G20 Leaders in Brisbane last year.
The Trentino co-operative model has gained wide acclaim for its positive economic and social impact upon the territory. Developing a strong understanding of why the model has been so effective is important in identifying those factors which other localities could utilise as potential criticalities.
Japan could help laid-off workers find a job more quickly by improving co-ordination between public employment services and companies, as well as ensuring that all workers benefit from adequate Employment Insurance (EI) benefits, according to a new OECD report.