TUAC NEWS
GOING FOR GROWTH AND INCLUSIVENESS?
17/03/2017
- Going for Growth and Inclusiveness?pdf
GOING FOR GROWTH AND INCLUSIVENESS?
“Going for Growth” is one of the flagship
publications of the OECD Economics Department. It contains a
country specific list of “what-to- reform” in order to improve
employment and productivity performance. The novelty in the 2017
version of this report, released on the 17th of March,
is that the dimension of “inclusiveness” is integrated for the
first time. Or, as the opening paragraph of the relevant chapter
says: “Higher growth is not systematically associated with rising
living standards for the vast majority of citizens”.
To integrate inclusiveness, the OECD
applies the same method as it is using for the two other pillars of
“Going for Growth” (employment, productivity). First, a dashboard
of indicators on income inequalities, labour market performance
(both quantity as quality of jobs) and non-income dimensions
(health outcomes and inequalities) allows detecting performance
weaknesses (see summary figure attached). In a second step, these
gaps in performance are matched with weaknesses in related
policies. After checking with country experts, policy
recommendations are formulated.
The attached paper provides an assessment from the
side of the TUAC secretariat.