EU sources -IMF researchers find no evidence that deregulation works -April 14, 2015

No evidence that deregulatory labour market reforms have a positive impact in increasing economies’ growth potential.

Researchers of the International Monetary Fund (IMF) did not find evidence that deregulatory labour market reforms have a positive impact in increasing economies’ growth potential. In the preparations for the April 2015 edition of its World Economic Output (WEO) report, released in full on 14 April, this conclusion was drawn. The finding is included in an analysis based on data from sixteen G20 countries that attempts to explain a predicted slowing in potential output growth in advanced and emerging market economies. Labour market deregulation has featured prominently in IMF loan conditions and policy advice for many countries, most notoriously so in several EU crisis countries.

English: http://www.equaltimes.org/new-imf-research-no-evidence-that ...   

http://www.imf.org/external/pubs/ft …  

For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.


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