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Generating Prosperity for Working Families in Affluent Countries (Hardcover)
Loot Price: R2,754
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Generating Prosperity for Working Families in Affluent Countries (Hardcover)
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The challenge of how to ensure that working families see their
living standards improve over time is central in rich countries.
Many argue that conditions are stagnating for many, driving
political polarization and threatening social stability. Generating
Prosperity for Working Families in Affluent Countries investigates
how common such a "squeeze" on middle-income earners has actually
been, and what forces underlie it in terms of globalization,
technology, and government policies. Generating Prosperity for
Working Families in Affluent Countries presents the findings of a
comprehensive analysis of performance in improving living standards
across the wealthy nations of the OECD. It relates performance to
overall economic growth, exploring why these often diverge
substantially, and to the different models of capitalism or
economic growth embedded in each country. Going beyond income,
other indicators and aspects of living standards are also
incorporated including non-monetary indicators of deprivation and
financial strain, wealth and its distribution, and
intergenerational mobility. Through looking across this broad
canvas, this book teases out how ordinary households have fared in
recent decades in these critically important respects, and how that
should inform the quest for inclusive growth and prosperity.
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