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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.

02 July 2021

Reaction to the OECD Economic Survey of Spain 2021 / Comentarios al Estudio Económico de España 2021 de la OCDE

Key findings On 27 May 2021, the OECD published the Economic Survey of Spain, which is a country-specific economic assessment conducted every two years, evaluating the state of the economy and recommending most urgent structural reforms for boosting growth. Therein, the OECD also suggests and ...

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10 June 2021

BUILD BACK BETTER: INCLUSIVE RECOVERY AND LABOUR MARKETS FIT FOR 2030 – Joint B7-L7 statement

On the eve of the G7 Summit in Cornwall (UK), the L7 and B7 released a joint statement. The social partners call on Leaders to make strong statements on an inclusive recovery and commit to actions to promote job opportunities, decent work, skills and entrepreneurship. The full statement can be ...

07 June 2021

The G7 Finance sets minimum standards for a potentially historic reform of corporate taxation/ Le G7 Finances fixe des normes minimales pour une réforme

EN (FR CI-DESSOUS) On 5 June 2021, The G7 Finance Ministers released a communiqué in which they commit to tangible outcomes in the on-going OECD/ G20 negotiations on tax and digitalisation which should culminate with the G20 Finance on 8-9 July 2021. Discussions revolve around two pillars: ...

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01 June 2021

Release of the OECD Economic Outlook, May 2021: Growth forecasts lifted by Biden and vaccines – Yet, an uneven recovery on the back of job precariousness and

Key findings Released on the occasion of the OECD Ministerial, the Economic Outlook (May 2021) upgrades global GDP growth forecasts for 2021, from 4% in December 2020 and 5.6% in March to 5.8% today. The main drivers of the recovery are the US fiscal stimulus and speeding up of vaccination ...

10 May 2021

Embedding Social Justice in the Monetary and Fiscal Response to COVID-19 – Intégrer la justice sociale dans la réponse monétaire et fiscale au COVID-19

Executive Summary Today, the top 1% of the global income distribution seizes 20% of global GDP, and it has captured 27% of total income growth between 1980 and 2016. The substantial rise in inequality and the failure in lifting the bottom and middle of the income distribution over the past forty ...

19 April 2021

Comments on the 2021 OECD Going for Growth: Structural Reforms and the Pandemic

Executive Summary On 14 March, the OECD published the 2021 edition of Going for Growth, which represents the OECD’s formula for countries’ economic success through the implementation of structural reforms. Over the last years, there has been a progressive attempt to shift the publication’s ...

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13 April 2021

L20 comments on the second G20 Finance meeting

Meeting last 7 April 2021, the G20 Finance committed to continued fiscal support in the crisis and financial support to developing countries, re-focusing on sustainable finance and just transitions, and pledged to reach a global agreement on tax. In times of crisis, the G20 finance maintains ...