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.
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. ...
Download (223.14 KB)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 ...
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 ...
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: ...
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 ...
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 ...
