After a good performance until 2016, growth slowed in the first half of 2017. The unemployment rate has fallen to below 4.5%, but real wages are in a downward trend. Planned Brexit has raised uncertainty and dented business investment. Negotiating the closest possible EU-UK economic relationship would limit the cost of exit. The authorities should allow automatic stabilisers to work and identify in advance productivity-enhancing fiscal initiatives on investment, to be implemented rapidly were growth to weaken significantly in the run-up to Brexit, while safeguarding fiscal sustainability. Comprehensive policy packages should boost the productivity of lagging regions and cities, which requires local transport investments to foster connectivity, spending on research and development to raise innovation, housing investments to ease the matching of skills to jobs, and greater educational attainment and training tailored to business needs. Enhancing teachers’ training and other incentives, in particular in disadvantaged schools, would address teacher shortages and improve skills. Low-skilled workers participate less in lifelong learning and introducing targeted re-training programmes would boost competencies more broadly. Tax and regulatory reforms of non-standard forms of employment would offset workers’ weaker bargaining power and ensure better job quality.
SPECIAL FEATURES: REGIONAL PRODUCTIVITY; PRODUCTIVITY OF LOW-SKILLED WORKERS
Editeur : OCDE / OECD
Collection : Économie
Publication : 17 octobre 2017
Edition : 1ère édition
Intérieur : Noir & blanc
Support(s) : eBook [ePub + Mobipocket]
Contenu(s) : ePub, Mobipocket
Protection(s) : Marquage social (ePub), Marquage social (Mobipocket)
Taille(s) : 120 ko (ePub), 330 ko (Mobipocket)
Langue(s) : Anglais
Code(s) CLIL : 3177
EAN13 eBook [ePub + Mobipocket] : 9789264283015
EAN13 (papier) : 9789264282995
13,99 €
17,99 €
14,99 €
23,99 €
17,99 €
Joseph E. Stiglitz, Jean-Paul Fitoussi, Martine Durand
52,99 €
18,99 €