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.
OECD-TUAC Liaison Committee Meeting: Policies for Framing the Recovery (EN/FR)
(Version française ci-dessous) The Liaison Committee Meeting (LCM) between the OECD and the TUAC, “Framing the Recovery: Pathways for a World in Transition”, took place virtually on 21 February 2022. The LCM is the annual appointment that brings together the OECD Secretariat, OECD country ...
OECD Economic Outlook 2021, Issue 2: A difficult balancing act in getting out of the crisis
Published on 1 December 2021, the latest OECD Economic Outlook confirms that the global economy is in recovery, while the world enters the third year of COVID-19. Yet, the optimistic forecast seems somewhat more cautious than in previous editions, with more downside than upside risks to the OECD ...
G20 Finance enhances its mandate on climate change and adopt global tax deal (FR/EN)
(Version française ci-dessous) On 13 October 2021, the G20 Finance Ministers and Central Bank Governors completed the Fourth and last meeting under the Italian Presidency in 2021. The Communiqué reiterates commitments of previous meetings, including a new structural reform agenda on ...
A Minimal Agreement on the Minimum Tax Rate – Is the International Reform Agenda up to Speed? (EN/FR)
(Version française ci-dessous) TUAC Comments on the OECD/G20 tax agreement arising from digitalisation Key messages On 8 October 2021 the signatory countries of the OECD/G20 Inclusive Framework on Base erosion and profit shifting (BEPS) adopted a revised version of its roadmap for global tax ...
TUAC’s Working Group on Economic Policy conveyed to discuss current economic trends and the work of the OECD (EN/FR)
(Version française ci-dessous) On 30 September and 1 October 2021, the TUAC held its Working Group on Economic Policy. The two-day meeting was chaired by Bill Spriggs (AFL-CIO Chief Economist) and brought together TUAC trade union affiliates, the ITUC, Global Union Confederations, the ETUC, OECD ...
OECD Economic Outlook, Interim Report: “Keeping the Recovery on Track”, but Let Us Not Forget to Bring Workers on Board (EN/FR)
(Version française ci-dessous) The latest OECD Economic Outlook Interim Report, presented on 21 September 2021, has revised GDP forecasts compared to last May’s Economic Outlook, sticking overall to the macroeconomic scenario depicted in the previous editions. Among developed economies, Canada ...
TUAC Statement on Youth 2021/ Déclaration du TUAC sur la Jeunesse 2021
Youth unemployment rose in all OECD countries during the crisis. Many existing challenges faced by young people are being exacerbated during this time including: Education quality and costs – including student debt; Lack of income to cover housing and food costs becoming dependent on food banks ...
Arrest of Korean trade union leader raises concerns about freedom of association and assembly
The TUAC joins other international trade union organisations calling for the immediate release of Korean Confederation of Trade Unions (KCTU) President Yang Kyeung-soo, who was arrested on 2 September 2021. The arrest warrant was issued following a demonstration held on 3 July, which the government ...
Global Tax Reform Process Kept Alive / Le processus de réforme de la fiscalité internationale, toujours en vie
On 1 July 2021, the OECD-hosted and G20-mandated “Inclusive Framework” on Base erosion and profit shifting (BEPS) adopted a historic roadmap for a substantial reform of corporate tax rules, to address the undertaxation of large businesses and curb the global tax competition race to the bottom. ...