The case for a coordinated policy mix of wage-led recovery and public investment in G20
Onaran, Özlem (2015) The case for a coordinated policy mix of wage-led recovery and public investment in G20. [Working Paper]
PB022015_Onaran.pdf - Published Version
Available under License Creative Commons Attribution Non-commercial No Derivatives.
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 Groups:||Faculty of Business > Greenwich Political Economy Research Centre (GPERC)|
|Last Modified:||19 Nov 2015 15:18|
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