| Document Type
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BL
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| Record Number
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887946
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| Main Entry
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Publishing, OECD.
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| Title & Author
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Productivity and Jobs in a Globalised World - (How) Can All Regions Benefit?
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| Publication Statement
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Paris :: Organization for Economic Cooperation and Development,, 2018.
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| Page. NO
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1 online resource (188 pages)
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| ISBN
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9264293132
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: 9789264293137
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| Notes
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Employment shares shifting to more productive regions contributes to productivity growth in large (capital) city regions.
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| Contents
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Intro; Foreword; Acknowledgements; Abbreviations and acronyms; Executive summary; Chapter 1. The elusive quest for regional convergence?; Chapter synopsis; The quest for regional convergence; Gaps between OECD countries are narrowing, but they persist across regions; Overall economic inequality declined, but within-country inequality did not follow; "Low-income" regions leverage their growth potential; Some European regions seem to fall into a "middle income trap"; Not all gaps will close, but persistent and growing differences raise concerns.
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Catching up is possible, but is often a long-term effortLocal assets differ and contribute to regional economic gaps; While some local assets are determined by nature, others depend on human actions; Regions with large metropolitan areas or resource-intensive economies are among the most productive in the OECD; Outmigration and ageing create challenges for all types of regions; Population ageing limits future growth in OECD countries and regions; Outmigration amplifies the challenges for rural regions and smaller cities; The global 2007-08 crisis uncovered some unsustainable growth models.
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Chapter 2. Thinking global, developing local: Tradable sectors, cities and their role for catching upChapter synopsis; Two key factors in narrow the regional productivity gap within countries; Tradable sectors are associated with successful catching up; Well-functioning cities support productivity within their limits and beyond; Tradable sectors are associated with successful catching up; Tradables are not just manufactured goods and natural resources; What makes tradable sectors different?; The drivers of productivity growth differ in tradable and non-tradable sectors.
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Employment and productivity growth are often difficult to reconcileSome regions manage to create a win-win of productivity and employment growth; The employment benefits of productivity growth are rarely immediate; Structural adjustment following the 2007-08 crisis was followed by job growth; Regional productivity growth in OECD countries mainly follows two models: catching up or concentration; Inaction comes at the price of growing inequality and a "geography of discontent"; Notes; References; Annex 1.A. Low-growth and low-income regions in Europe.
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Many regions struggle to return to growth since the 2007-08 crisis, most of them in EuropeSome "low-growth regions" have actually gone through a phase of rapid growth followed by rapid decline; Growth returned quickly in parts of Europe and the OECD; No single factor is likely to explain success or failure in returning to growth; The global 2007-08 crisis and the euro area crisis left their mark on Europe's regions; Investment remains low in many parts of Europe; Productivity growth is necessary for sustained improvements in living conditions.
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| Subject
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Globalization.
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| Subject
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Globalization.
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| Dewey Classification
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303.482
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| LC Classification
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JZ1318
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