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

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

Onaran, Özlem ORCID: 0000-0002-6345-9922 (2014) The case for a coordinated policy mix of wage-led recovery and public investment in the G20. Trade Union Advisory Committee to the OECD.

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Abstract

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: Article
Uncontrolled Keywords: wage-led growth, G20, L20
Faculty / Department / Research Group: Faculty of Business > Greenwich Political Economy Research Centre (GPERC)
Last Modified: 29 Apr 2016 16:47
Selected for GREAT 2016: None
Selected for GREAT 2017: None
Selected for GREAT 2018: None
Selected for GREAT 2019: None
URI: http://gala.gre.ac.uk/id/eprint/15290

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