Economic policy
TUAC represents the voice of labour in the international economic policy debate. Through its engagement at the OECD, TUAC fights for economic policies that create full employment and that give working people a fair share of the wealth they create.
This is done through our engagement on fiscal and monetary policy at the Economic Policy Committee and its Working Party on Macroeconomic and Structural Policy Analysis.
This work is led by Filip Stefanovic and Adnan Habibija. For more information, please contact stefanovic@tuac.org and habibija@tuac.org.
TUAC presents alternative vision for social protection at OECD Ministerial
Trade unions will push for a fundamental rethinking of social protection financing at this week’s OECD Social Policy Ministerial Meeting in Paris, warning that simply raising retirement ages or cutting benefits would only worsen inequalities. When Social Ministers gather for the meeting on ...
Highly-Productive Firms and the Labour Share: When Productivity Gains Don’t Benefit Workers
As technology advances and productivity soars at top firms, are workers getting their fair share? A troubling new OECD study suggests not, revealing that some of the most productive companies are paying wages 40% below their peers. The analysis, covering 26 countries from the mid-1990s to 2017, ...
TUAC calls for urgent action on rising inequality and workers’ rights
TUAC General Secretary Veronica Nilsson warned of growing inequality and workers’ rights challenges during the World Economic Forum’s “Closing the Jobs Gap” panel today. Speaking alongside the ILO Director-General and business leaders, Nilsson highlighted growing ...
TUAC puts collective bargaining at heart of OECD inequality debate
Trade unions are calling on the OECD to address record levels of inequality, highlighting the critical role of collective bargaining and worker representation in driving sustainable economic growth. The case for change was presented at the TUAC-OECD liaison committee meeting on 9th January, where ...
OECD wrong on economic policy recommendations, right on labour shortages and collective bargaining
TUAC seriously doubts the OECD’s analysis in its latest Economic Outlook and rejects its key recommendations on macroeconomic policy. TUAC is sceptical of the OECD’s assumption that the global economy and labour markets are resilient enough to withstand a return to fiscal austerity and ...
Trade unions call for public investment and fiscal policies to support steel sector recovery
TUAC, IndustriALL Global Union and industriAll Europe expressed their profound concern about the cumulative loss of tens of thousands of jobs in the steel sector and related industries, globally, and many more currently on the line. The trade union representatives attending the OECD Steel Committee ...
New OECD report: more needs to be done for full recovery from pandemic and cost-of-living crisis
This year’s OECD How’s Life publication comes at a time when economies and societies have yet to fully recover from the COVID-19 pandemic and cost-of-living crisis, and stresses that traditional economic indicators such as GDP or average income are only part of the whole story. The report ...
The Interim Economic Outlook: the OECD’s policy recommendations will not help the economy turn the corner
The OECD’s Interim Economic Outlook Report supports the recent turn in monetary policy and recognizes that there is room to lower interest rates. At the same time, it urges central banks to be prudent and carefully judge the timing and scope of reductions to contain underlying inflationary ...
Unions meet G7 Ministers in Cagliari on wage growth, AI and climate action
Trade unionists from G7 countries met with Ministers, international policymakers and business leaders in Cagliari today to Underline the urgent need for Governments to deliver environmentally and socially sustainable growth with real wage growth for working people. Tackle the climate crisis by ...
G20 LEMM Declaration aligns with trade union demands
The G20 Labour and Employment Ministers Meeting (G20 LEMM) took place in Fortaleza, Brazil, on 25-26 July. The Ministerial Declaration from the meeting closely aligns with workers’ demands, as outlined in the L20 statement to the G20 LEMM. The LEMM opened with a Just Transition Leadership Forum, ...
