Wage-led growth: concept, theories and policies
This paper argues that the polarization of income distribution and the decline in the wage share play an important role in the generation of unbalanced and fragile growth. The authors examine the possibility of an alternative path, a wage-led growth strategy, which is likely to generate a much more...
Main Authors: | , |
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Institution: | ETUI-European Trade Union Institute |
Format: | TEXT |
Language: | English |
Published: |
Geneva
2012
ILO |
Subjects: | |
Online Access: | https://www.labourline.org/KENTIKA-19120574124919487569-Wage-led-growth-concept,-theor.htm |
Summary: | This paper argues that the polarization of income distribution and the decline in the wage share play an important role in the generation of unbalanced and fragile growth. The authors examine the possibility of an alternative path, a wage-led growth strategy, which is likely to generate a much more stable growth regime for the future." |
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Physical Description: | 37 p. Digital |