Productivity and Jobs in a Globalised World: (How) Can All Regions Benefit?
by OECD (Author)

About the Author
The OECD is an international organization that consists of 30 Member countries from the developed world that accept the principles of representative democracy and free market economy. It originated in 1948 as the Organization for European Economic Cooperation (OEEC) to help administer the Marshall Plan for the reconstruction of Europe after World War II. Later its membership was extended to non-European states, and in 1961 it was reformed into the OECD. The organization provides a forum where governments can compare policy experiences, seek answers to common problems, identify good practice and co-ordinate domestic and international policies. With active relationships with some 70 other countries and economies, NGOs and civil society, the organization has a global reach. Renowned for its publications and statistics, its work covers economic and social issues from macroeconomics, to trade, education, environment, development and science and innovation.

About this book
This book looks at how regional policies can support productivity growth and jobs. While there has been a remarkable decline in inequality in OECD countries, inequality among regions within certain countries has increased over the same time period. Regions that narrowed productivity gaps tended to benefit from economically vibrant tradable sectors and integration with well-functioning cities. This report considers in detail the role of the tradable sector as a driver of productivity growth and its relationship with employment. It addresses the possible risks of a growing tradable sector and how diversification is central to strengthening regional economic resilience. It considers how regions integrate global value chains and highlights the role of regional and policy links in fostering productivity growth and job creation. It asks what policies can help better anticipate or cushion shocks from trade in specific regions and, more generally, what strategies and framework conditions are conducive for regional productivity and employment growth.

Brief contents
Executive summary
Chapter 1. The elusive quest for regional convergence?
Chapter 2. Thinking global, developing local: Tradable sectors, cities and their role for catching up
Chapter 3. Global trends and regional links: Jobs, clusters and global value chains
Chapter 4. Macroeconomic frameworks and institutional factors for regional economic performance
Chapter 5. Policy lessons: Productivity and growth in regions

Length: 188 pages
Publisher: OECD Publishing (May 11, 2018)
Language: English
ISBN-10: 9789264293090
ISBN-13: 978-9264293090