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High growth firms create jobs: But what drives firm growth?

A new report looks at the characteristics of high-growth firms, drivers of high-growth, and what this means for policymakers. November 2018—Policies to create jobs, promote entrepreneurship and growth are key priorities for many emerging economies. Designing and implementing reforms is particularly challenging as policymakers attempt to strike a balance across sectors, firm size and incentives that can sustain growth in ... Read More »

Wages and social dumping – Competition law as a way out

Fighting against transnational social dumping can best be compared to Heracles’ struggle against the Hydra of Lerna – the multi-headed serpent in Greek mythology. This struggle is highly uneven because every time a head is cut off, the monster regenerates two new ones to replace it. Similarly, when trade unions succeed in revealing a case of wage dumping, two new ... Read More »

Are blue-collar jobs turning white?

Manual jobs in European manufacturing are being transformed as blue-collar workers take on more intellectual tasks. This is a consequence of the increasing use of digital tools and the growing importance of quality control in production. The severe losses of medium-paying jobs in the manufacturing sector during the economic crisis raised concerns about its future role and contribution to economic ... Read More »

Political-economy fallouts of universal basic income schemes

In his recent op-ed and the associated working paper, Thomas Palley warns against the Ricardian vice of ignoring political-economy considerations when laying out policy proposals, thus focusing too narrowly on strict economistic reasoning. In the big-picture debate on an employer of last resort (or job guarantee programme, JGP) scheme, this is a vice on which many self-identified ‘heterodox’ economists fall. Read More »

IFC urges pol parties: Include river-water rights in manifestos

Dhaka, Sept 30: The International Farakka Committee (IFC), an international environmental organization working as water rights watch group, has urged all patriotic political parties and organisations in Bangladesh to have the issue of sustainable basin-wide management of common rivers as the main question of life and death of people in their political and election manifestoes. Read More »