[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"page:work\u002Fcollective-bargaining-agreement\u002Fupdates\u002F2016\u002Feu-sources-imf-on-growth-and-collective-bargaining-april-30-2016":3},{"id":4,"slug":5,"title":6,"short_title":7,"intro_text":7,"meta_description":8,"seo_title":8,"path":9,"content_type":10,"locale":11,"go_live_at":7,"first_published_at":12,"page_created_at":13,"published_at":12,"edit_url":14,"breadcrumbs":15,"seo":28,"body_blocks":36,"call_to_action":42,"categories":49,"labels":50,"owner":7,"authors":51,"related_pages":52,"related_sites":53,"in_subsite":54,"contact_page_url":55,"banner_message":56},10626,"eu-sources-imf-on-growth-and-collective-bargaining-april-30-2016","EU Sources - IMF on growth and collective bargaining - April 30, 2016",null,"","\u002Fwork\u002Fcollective-bargaining-agreement\u002Fupdates\u002F2016\u002Feu-sources-imf-on-growth-and-collective-bargaining-april-30-2016","pages.newspage","en","1969-12-30T23:00:00+00:00","2025-12-15T15:20:44.448270+00:00","\u002Fcms\u002Fpages\u002F10626\u002Fedit\u002F",[16,19,22,25,27],{"title":17,"slug":18},"World of Work","work",{"title":20,"slug":21},"Collective Bargaining Agreement","collective-bargaining-agreement",{"title":23,"slug":24},"Collective Bargaining Updates","updates",{"title":26,"slug":26},"2016",{"title":6,"slug":5},{"title":6,"description":8,"image":29,"canonical":30,"robots":31,"og_type":32,"twitter_card":33,"locale":11,"created_at":34,"last_modified_at":35},"https:\u002F\u002Fwageindicator.org\u002Fmedia\u002Fimages\u002FSocial_media_preview_image_-_2025.2e16d0ba.fill-1200x630.png","https:\u002F\u002Fwageindicator.org\u002Fwork\u002Fcollective-bargaining-agreement\u002Fupdates\u002F2016\u002Feu-sources-imf-on-growth-and-collective-bargaining-april-30-2016\u002F","index, follow","website","summary_large_image","1969-12-31T00:00:00+01:00","2025-12-26T22:29:17.568990+01:00",[37],{"type":38,"data":39},"raw_html_block",{"content":40,"variant":41},"\u003Cp>In the updated World Economic Outlook 2016, the IMF predicts a baseline projection for global growth in 2016 of a modest 3.2 percent, broadly in line with 2015, and a 0.2 percentage point downward revision relative to the January 2016 Update. The recovery is projected to strengthen in 2017 and beyond, driven primarily by emerging market and developing economies, as conditions in stressed economies start gradually to normalise. In the 3\u003Csup>rd\u003C\u002Fsup> chapter of the report (titled \u003Ci>Time for a supply-side boost\u003C\u002Fi>), the IMF continues with the plea for labour market reform and deregulation, although the organisation admits that these reforms can have a negative effect: ‘the impact becomes contractionary if the reforms are undertaken during periods of slack’. It is interesting to read in a special box (3.2) how the organisation struggles with the fact that there is hardly any evidence in Europe for the advocated IMF-policy of decentralisation of collective bargaining and its fight against sector level bargaining and extension of agreements.\u003C\u002Fp>\n\u003Cp>English: \u003Ca href=\"http:\u002F\u002Fwww.imf.org\u002Fexternal\u002Fpubs\u002Fft\u002Fweo\u002F2016\u002F01\u002F\">http:\u002F\u002Fwww.imf.org\u002Fexternal\u002Fpubs … \u003C\u002Fa>  \u003C\u002Fp>\n\u003Cp>\u003Ca href=\"http:\u002F\u002Fwww.imf.org\u002Fexternal\u002Fpubs\u002Fft\u002Fweo\u002F2016\u002F01\u002Fpdf\u002Fc3.pdf\">http:\u002F\u002Fwww.imf.org\u002Fexternal\u002Fpubs\u002Fft\u002Fweo … \u003C\u002Fa>   \u003C\u002Fp>\n\u003Cp class=\"CM3\">\u003Cspan class=\"discreet\">\u003Cspan color=\"#666666\" size=\"2\">For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) \u003C\u002Fspan>\u003Ca href=\"mailto:cbn-aias@uva.nl\">\u003Cspan color=\"#0567d1\" size=\"2\">cbn-aias@uva.nl\u003C\u002Fspan>\u003C\u002Fa>\u003Cspan color=\"#666666\" size=\"2\"> or the communications officer at the ETUI, Willy De Backer \u003C\u002Fspan>\u003Ca href=\"mailto:wdebacker@etui.org\">\u003Cspan color=\"#0567d1\" size=\"2\">wdebacker@etui.org\u003C\u002Fspan>\u003C\u002Fa>\u003Cspan color=\"#666666\" size=\"2\">. For previous issues of the \u003C\u002Fspan>\u003Ci>\u003Cspan color=\"#666666\" size=\"2\">Collective bargaining newsletter\u003C\u002Fspan>\u003C\u002Fi>\u003Cspan color=\"#666666\" size=\"2\"> please visit \u003C\u002Fspan>\u003Ca href=\"http:\u002F\u002Fwww.etui.org\u002FE-Newsletters\u002FCollective-bargaining-newsletter\">\u003Cspan color=\"#0567d1\" size=\"2\">http:\u002F\u002Fwww.etui.org\u002FE-Newsletters\u002FCollective-bargaining-newsletter\u003C\u002Fspan>\u003C\u002Fa>\u003Cspan color=\"#666666\" size=\"2\">. Since June 2013 readers can consult our archive and search through all articles in our database at \u003Ca href=\"http:\u002F\u002Fwww.cbnarchive.eu\u002F\">www.cbnarchive.eu\u003C\u002Fa>. \u003C\u002Fspan>\u003C\u002Fspan>\u003Cspan class=\"discreet\">\u003Cspan color=\"#666666\" size=\"2\">You may find further information on the ETUI at \u003C\u002Fspan>\u003Ca href=\"http:\u002F\u002Fwww.etui.org\u002F\">\u003Cspan color=\"#0567d1\" size=\"2\">www.etui.org\u003C\u002Fspan>\u003C\u002Fa>\u003Cspan color=\"#666666\" size=\"2\">, and on the AIAS at \u003C\u002Fspan>\u003Ca href=\"http:\u002F\u002Fwww.uva-aias.net\u002F\">\u003Cspan color=\"#0567d1\" size=\"2\">www.uva-aias.net\u003C\u002Fspan>\u003C\u002Fa>\u003Cspan color=\"#666666\" size=\"2\">.\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp class=\"CM3\">\u003Cspan class=\"discreet\">\u003Cspan color=\"#666666\" size=\"2\">© ETUI aisbl, Brussels 2016. All rights reserved. We encourage the distribution of this newsletter and of the information it contains, for non-commercial purposes and provided the source is credited. The ETUI is not responsible for the content of external internet sites. The ETUI is financially supported by the European Union. The European Union is not responsible for any use made of the information contained in this publication. \u003Cbr\u002F> This email is sent from \u003Ca href=\"http:\u002F\u002Fwww.etui.org\u002F\">www.etui.org\u003C\u002Fa>.\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fp>","light",{"text":43,"link":44},"Contact us",{"title":43,"url":45,"description":43,"rel":46,"type":47,"id":48},"\u002Fabout\u002Fcontact","follow","internal",24590,[],[],[],[],[],false,"\u002Fwork\u002Fliving-wages\u002Fcontact-us","\u003Cp>Welcome to WageIndicator. Same organisation, same information, new look!\u003C\u002Fp>"]