As new technologies subject the world’s economies to massive structural change, wages are no longer playing the central redistributive role they once did. Unless the decoupling of productivity and wages is addressed, the political convulsions many countries are experiencing will only intensify.
Relevant Posts
- Tsirigotakis, Ilias, Bakalis, Panagiotis, Ioannidis, Lazaros, Karanianni, Vasiliki, (2017), «Global growth enters Q4:2017 in high gear», National Bank of Greece, Economic Research Division, Global Markets Roundup, 17 Οctober
- IMF (2017), «Global Financial Stability Report October 2017: Is Growth at Risk?», 16 Οctober