The social contract in the 21st century

Publication Date

Page Number

163

Link to Report

Download

Download

Authors

Seeks “to help business and policy leaders to understand the forces transforming the global economy, based on studies of 22 OECD countries. Work opportunities have increased everywhere, but work security and income growth have declined or expanded unevenly.  As consumers, individuals have benefited from improved access and lower prices for discretionary goods and services, but rising housing prices and higher healthcare and education costs have absorbed 54-107% of income gains in some countries since 2002.  Young people have less secure employment, spend more on meeting basic needs (especially housing), and have just one-third of average adult wealth compared with two-thirds a generation ago.

 

Share and follow us via:

Recent Articles:

  • Our world is amid multiple crises, aggravated by the COVID-19 pandemic and the war in Ukraine.  This includes a crisis in education and learning, notably at K-12 levels, where many…

  • An international organization aiming to create a world where all of us can live in harmony with the planet. It envisions a world where the production and consumption of all…

  • Introduction While fossil fuels continue to dominate energy production and consumption, the press of climate change has made it abundantly clear that the ecological costs of greenhouse gas emitting power…