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Street protests are back on the global political scene. Do these movements reflect a frustrated middle class who feel the chill of the global economic crisis? Or are there more profound shifts at play?
Brazil’s labour leaders have long argued against pursuing economic growth for its own sake. What matters most, they believe, is not the size of the economic pie but how it’s carved up. In recent years, calls for social justice have increasingly informed policy in Brazil, bringing about a veritable “revolution” in the economy.
Country Notes from OECD Economic Policy Reforms: Going for growth 2011 presenting OECD recommendations for structural reform priorities for individual countries.
Recent reforms will still be insufficient to cover increased pension costs in the future, despite increases in retirement ages in half of OECD countries, according to a new OECD report.
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This .xls file presents summary data for Brazil, China, India and South Africa, on: (1) Population, (2) Macroeconomic Trends, (3) Labour Market, (4) Wages and earnings, (5) LMPR (Labour Market Regulations and Policies), (6) Income and Inequality, (7) Poverty Rates and (8) Social Policies.
This paper tests the hypothesis that, by giving people more voice in the government decision-making process, fiscal decentralisation fosters social capital, measured in terms of interpersonal trust.
The conference aims to address the links between labour market outcomes and inequality in emerging economies and to consider which labour market and social policies can help governments in alleviating poverty and in promoting more inclusive societies.
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This note presents main issues on the role of growth and employment/unemployment developments in explaining recent income inequality trends in Brazil, China, India and South Africa, and discusses the roles played by labour market and social policies in shaping and addressing these inequalities.
Greater integration into the world economy and important policy reforms have resulted in Brazil, China, India and South Africa becoming major actors in the globalisation process, with impressive results in terms of economic growth, social development and poverty reduction. But the benefits of stronger growth have not always been shared equally and income inequality has remained at very high levels.
This paper uses the OECD’s Going for Growth framework, as well as other available evidence linking policies to economic performance, to identify key structural policy challenges in the BIICS for the years ahead.