Policy discussions once reserved for emerging economies, such as the necessity of creating jobs, industrial restructuring, and tightening fiscal management are now the daily preoccupation of decision makers in the OECD. At the core of the policy dilemma for countries drawn from a broad spectrum, is the relationship between growth, jobs, and distribution.
What has been relatively neglected to date is a systematic discussion of the linkages among the three phenomena of low growth, weak job creation, and worsening inequality in the US. The US context, although by no means indicative of the entire OECD experience, is relevant for others with broadly similar systems and in comparable predicaments. Furthermore, because policies pursued by the US have ramifications globally, the US experience is doubly relevant.
Partners
- The Initiative for Policy Dialogue
New York, New York, United States
The purpose of this roundtable is bringing together academics and practitioners to exchange thoughts on the political economy of short and long term initiatives that can effectively break a downward cycle of economic trends in advanced economies, and in-so-doing, provide new insights for other less advanced economies.
The triad of issues of growth, jobs and distribution, drawing upon existing empirical evidence, will be discussed. In addition, areas for further work will be identified and some preliminary conclusions drawn that can assist other less advanced countries facing similar challenges.
Based on further research and analysis, the Growth Dialogue and the Initiative for Policy Dialogue will, with the collaboration of the World Bank and other affiliated institutions, begin to organize a series of policy debates and conversations to be attended by policymakers from a range of countries. The plan is to increase exposure and knowledge of the tradeoffs and challenges that lie in the path of those who seek to increase economic growth, while improving job prospects and maintaining reasonable sharing of the gains of development. While this is not a new challenge, we believe that the global environment has made these objectives both more urgent and harder to achieve and we hope to deepen insights into the management of these issues.
- David Autor
Speaker
Associate Department Head
Department of Economics
Massachusetts Institute of Technology
- Steven Kapsos
Speaker
Labour Economist
International Labor Organization - James Foster
Speaker
Director
Institute for International Economic Policy
Elliott School of International Affairs, George Washington University - Jaime Saavedra
Speaker
Director
Poverty Reduction and Equity Department
The World Bank - Ian Coxhead
Commentator
Chair
Department of Agricultural and Applied Economics
University of Wisconsin-Madison - Krishna Guha
Commentator
Executive Vice President
Federal Reserve Bank of New York - Andres Solimano
Commentator
International Center for Globalization and Development - Peter Howitt
Speaker
Lyn Crost Professor of Social Sciences
Department of Economics
Brown University - Bilge Erten
Partner
Postdoctoral Research Scholar
Committee on Global Thought
Columbia University - Stephany Griffith-Jones
IPD Staff
Financial Markets Program Director
Initiative for Policy Dialogue (IPD) - Mildred Menos
IPD Staff
Program Manager
Initiative for Policy Dialogue
Columbia University
- Andrew Clark
Partner
Head
Growth and Resilience Team
Department for International Development (DFID), United Kingdom - Kate Higgins
Partner
Head
Governance for Equitable Growth
North-South Institute, Canada - Yue Li
Partner
Core Team Member of the 2013 World Development Report
World Development Report
The World Bank - Helen Neuborne
Partner
Director
Quality Employment
Ford Foundation, USA - Hossein Rostami
Partner
Director
Canadian International Development Agency (CDIA) - Sachin Anand
Other
Research Associate
The Growth Dialogue, George Washington University - Erika Baty
Other
Project Coordinator
The Growth Dialogue, George Washington University - Ines Garcia
Other
Director of Operations
The Growth Dialogue, George Washington University - Diana Manevskaya
Other
Communications Manager
The Growth Dialogue, George Washington University