Podcast: Stop Squeezing Workers, and Step Up Investment, says ILO
Listen to IMF economists and other experts discuss key economic and financial issues of the day. Click on the play button. Alternatively, download the audio MP3 file—a popular digital music format for sound files. Broadcasters: this facility is also being made available to enable these podcasts to be broadcast on radio outlets free of charge. Also available in SoundCloud
Stop Squeezing Workers, and Step Up Investment, says ILO
November 06, 2014
Processing carrots in a factory. Polaski denies that one reason for slow growth is labor inflexibility (Photo: Maximilian Stock Ltd/Science Faction/Corbis) |
Labor market flexibility is considered by many to be essential to an efficient market economy. But a top-level official of the ILO says there’s been an excessive focus on worker flexibility. Off the back of an IMF/World Bank seminar, she explained how economic growth can be nurtured to benefit all. Sandra Polaski, Deputy Director-General, International Labor Organization |
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