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The case for a coordinated policy mix of wage-led recovery and public investment in G20

The case for a coordinated policy mix of wage-led recovery and public investment in G20

Onaran, Özlem ORCID: 0000-0002-6345-9922 (2015) The case for a coordinated policy mix of wage-led recovery and public investment in G20. [Working Paper]

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Abstract

This paper shows that a coordinated mix of polices in the G20 targeted to increase the share of wages in GDP by 1%-5% in the next 5 years and to raise public investment in social and physical infrastructure by 1% of GDP in each country can create up to 5.84% more growth in G20 countries (compared to business as usual).

Item Type: Working Paper
Uncontrolled Keywords: wage-led growth; public investment; G20
Subjects: H Social Sciences > H Social Sciences (General)
Faculty / Department / Research Group: Faculty of Business > Greenwich Political Economy Research Centre (GPERC)
Related URLs:
Last Modified: 19 Nov 2015 15:18
Selected for GREAT 2016: None
Selected for GREAT 2017: None
Selected for GREAT 2018: None
URI: http://gala.gre.ac.uk/id/eprint/14095

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