Thursday, June 29, 2006
[IWS] ETUI-REHS: OECD JOBS STRATEGY--Assessing the Reassessment [29 June 2006]
IWS Documented News Service
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
________________________________________________________________________
European Trade Union Institute for Research, Education, and Health and Safety (ETUI-REHS)
European Economic and Employment Policy Brief
2/2006
Assessing the reassessment of the OECD jobs Strategy: eppur si muove ?
by Andrew Watt
http://www.etui-rehs.org/media/files/eeepb/2006/2_2006
[full-text, 14 pages]
This is the second issue of the European Economic and Employment Policy Brief in 2006. This issue examines the outcome of the OECDs two-year review of its Jobs Strategy. It shows that the OECD has shifted its position on a number of important policy issues since the Jobs Strategy which has often been used by governments to support policies of deregulation and welfare cutbacks was originally launched in 1994. The new Jobs Strategy recognises that different policy packages, and notably the Nordic model, which incorporates strong welfare states, centralised wage bargaining and extensive use of active labour market policy, can be successful in reducing unemployment. A limited role is also given to macroeconomic policy in speeding up the impact of structural reforms. However, in spite of the weight of evidence produced by the OECDs own research, the policy recommendations of the new Jobs Strategy remain tilted towards the US-style liberal model. And the treatment of macroeconomic policies, while a step in the right direction, still underestimates the key role of macro policy in strategies to reduce unemployment.
______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Stuart Basefsky
Director, IWS News Bureau
Institute for Workplace Studies
Cornell/ILR School
16 E. 34th Street, 4th Floor
New York, NY 10016
Telephone: (607) 255-2703
Fax: (607) 255-9641
E-mail: smb6@cornell.edu
****************************************
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
________________________________________________________________________
European Trade Union Institute for Research, Education, and Health and Safety (ETUI-REHS)
European Economic and Employment Policy Brief
2/2006
Assessing the reassessment of the OECD jobs Strategy: eppur si muove ?
by Andrew Watt
http://www.etui-rehs.org/media/files/eeepb/2006/2_2006
[full-text, 14 pages]
This is the second issue of the European Economic and Employment Policy Brief in 2006. This issue examines the outcome of the OECDs two-year review of its Jobs Strategy. It shows that the OECD has shifted its position on a number of important policy issues since the Jobs Strategy which has often been used by governments to support policies of deregulation and welfare cutbacks was originally launched in 1994. The new Jobs Strategy recognises that different policy packages, and notably the Nordic model, which incorporates strong welfare states, centralised wage bargaining and extensive use of active labour market policy, can be successful in reducing unemployment. A limited role is also given to macroeconomic policy in speeding up the impact of structural reforms. However, in spite of the weight of evidence produced by the OECDs own research, the policy recommendations of the new Jobs Strategy remain tilted towards the US-style liberal model. And the treatment of macroeconomic policies, while a step in the right direction, still underestimates the key role of macro policy in strategies to reduce unemployment.
______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Stuart Basefsky
Director, IWS News Bureau
Institute for Workplace Studies
Cornell/ILR School
16 E. 34th Street, 4th Floor
New York, NY 10016
Telephone: (607) 255-2703
Fax: (607) 255-9641
E-mail: smb6@cornell.edu
****************************************
# posted by SBasefsky : 7:48 AM
