|RESTORING HOPE: POLICY OPTIONS FOR JOBS & GROWTH|
|Thursday October 11, 2012|
10:30 AM - 11:30 AM
Hotel Okura Heian
|Over 200 million people worldwide are unemployed,
with double-digit jobless rates in many European countries and in many
emerging markets. Youth unemployment and long-term unemployment are at
alarmingly high levels. At the same time, countries are searching for a
new model of growth that is inclusive and not dependent on financial excesses.
The seminar brought together economic leaders from various regions and
global institutions to discuss policy options for fostering job creation
and inclusive growth. The focus was on the role of macroeconomic and labor
market policies, and on the international coordination of polices to manage
the effects of a global marketplace for jobs.
Key questions addressed included:
- In the near-term: what policies can move
growth closer to potential? Would recovery in growth also promote recovery
in labor markets? If growth prospects remain weak, what policies can ease
the pain in labor markets?
- Over the medium term: Does the world need
a new growth model? Can inclusive growth provide a new growth framework
for the post-global crisis era? Can finance be harnessed to serve the common
good? How can countries avoid the resource curse? Can we avoid a global
competition for jobs?
|Panelist(s):||Montek Singh Ahluwalia , Deputy Chairman, Planning Commission, India|
Anders Borg , Minister of Finance, Sweden
Sharan Burrow , General Secretary, International Trade Union Confederation, Belgium
Min Zhu , Deputy Managing Director, International Monetary Fund
|Moderator(s):||Sara Eisen , Correspondent, Bloomberg Television, United States|
|Organized by:||Prakash Loungani, Research Departmen - International Monetary Fund|