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September 4, 2014 / Sian Moore

Ozlem Onaran’s analysis for G20 summit: The Case for Wage-led Recovery and Public Investment

As G20 members are setting targets for the Brisbane Leaders’ Summit in November, the L20 — the representation of workers’ interests at the G20 level — releases modelling data prepared by WERU member Prof Ozlem Onaran. Her analysis shows how a “coordinated mix of polices in the G20 targeted to increase the share of wages in GDP by 1%-5% in the next 5 years and to raise public investment in social and physical infrastructure by 1% of GDP in each country can create up to 5.84% more growth in G20 countries.”
The full report can be downloaded here.

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