Guidance Note on Jobs and Growth Issues in Surveillance and Program Work

Author: International Monetary Fund

Volume/Issue: Volume 2013 Issue 078

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Labor , Economics- Macroeconomics , PP , fiscal policy , job creation , minimum wage , employment-growth linkage , a number of fund country report , growth issue , wage bill , demand management , Fund staff , fund staff , growth-employment link , physical capital , potential GDP , Employment , Labor markets , Income distribution , Income inequality , Global

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Summary

This note provides operational guidance to staff on Jobs and Growth issues in surveillance and program work, building on the Board paper “Jobs and Growth: Analytical and Operational Considerations for the Fund” (hereafter, “Board paper”). Jobs and Growth issues can be defined broadly as issues relating to GDP growth, employment, and income distribution. The Board paper noted that work on these issues needs to be consistent with both the Fund’s mandate and its areas of expertise. On a number of structural issues, especially related to labor market reforms and social protection schemes, the Fund would need to effectively collaborate with other institutions with greater relevant expertise.