April 10, 2017/IMFBlog By Mai Dao, Mitali Das, Zsoka Koczan, Weicheng Lian Click here to read full PDF article After being largely stable in many countries for decades, the share of national income paid to workers has been falling since the 1980s. Chapter 3 of the April 2017 World Economic […]
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Understanding the Downward Trend in Labor Income Shares
April 10, 2017/imf Click to download PDF Report Introduction The labor share of income—the share of national income paid in wages, including benefits, to workers—has been on a downward trend in many countries (Figure 3.1). In advanced economies, labor income shares began trending down in the 1980s, reaching their lowest level of […]
Roads Less Traveled: Growth in Emerging Market and Developing Economies in a Complicated External Environment
April 10, 2017/IMF Click here to download PDF Report Introduction After a remarkable period of synchronized acceleration in the early 2000s and broad resilience immediately following the global financial crisis, growth across emerging market and developing economies in recent years once again displays heterogeneity—a mix of tapering, standstills, reversals, and continued […]
