INCREASING PRODUCTIVITY, JOB CREATION AND INCLUSION FROM THE
BOTTOM-UP
10th-11th April 2017 | Prague, Czech Republic
REGISTRATION IS OPEN!
What
Productivity and inclusion – towards new ‘win-win’ solutions
OECD economies have been experiencing a slow-down in labour
productivity growth for two decades, a trend which has now spread to emerging
economies. It is driven by a range of structural problems including a breakdown
of innovation diffusion from leading to lagging firms and regions, barriers to
entrepreneurship and business dynamics, skills mismatches and limited skills
formation.
At the same time, OECD economies are facing rising inequality. This
combines poor income and employment outcomes for low-skilled workers with a
surging ahead of top incomes. The OECD work on the Productivity-Inclusiveness
Nexus suggests that these two trends may be intertwined, as inequalities in
income, education, training, access to jobs and access to innovation stand in
the way of productivity growth whilst poor productivity catch up increases
inequality. This calls for policy makers to adopt a broader, more inclusive,
approach to productivity growth that considers how to expand the productive
assets of an economy by investing in skills, entrepreneurship, employment
opportunities, and innovation diffusion to lagging firms and regions.
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