
JOBS ON THE LINE
March 2015:


JOBS ON THE LINE
Jobs, Jobs, Jobs
Prakash Loungani
Education, migration, and redistribution are
key elements of a long-term solution to
global unemployment
Seven Lean Years
Prakash Loungani
The global economy is in slow recovery from
peak unemployment thanks to governments’
vigorous policy responses
A Matter of Size
Bruce Edwards
Sub-Saharan African businesses must produce
more jobs to fulfill the region’s promise
A Long Commute
Çağlar Özden
Immigrants do more good than harm when they
enter a country’s job market
Toil and Technology
James Bessen
Innovative technology is displacing workers
to new jobs rather than replacing them
entirely
The Shrinking Middle
Ekkehard Ernst
Labor market trends portend a paradise for
some workers, but continued purgatory for
mos
Ekkehard Ernst on the middle class
Hans Rosling on inequality
Power from the People
Florence Jaumotte
and Carolina Osorio Buitron
The decline in unionization in recent
decades has fed the rise in incomes at the
top
Point of View: The Foremost Priority
Sharan Burrow
It’s time for a recovery led by wages and
public investment
Youth Echoes
Irma Boracic-Suman,
Ahmed Hassan, Takumi Sato, and Alexa Clay
The latest developments in the lives of four
young people F&D interviewed in
early 2012
Also In This Issue
Prognosis: Rosy
Giang Ho and Paolo
Mauro
When it comes to long-term growth forecasts,
economists tend to be overly optimistic
Point of View: System Malfunction
William R. White
The global economy is rife with imbalances
that cannot be fixed under the present
international monetary (non)system
Straight Talk: A Prudent Man’s Curse
Vitor Gaspar
Without the right public institutions, the
temptation of power politics can imperil
longer-term development goals
Reducing Informality
Ravi Kanbur and
Michael Keen
It may be a great slogan, but it is of
little value as a practical objective for
tax reform
How to Build a Better Future for Latin America
Adriana Lorena Rojas
Castro
Latin America and the Challenges It Faces
DEPARTMENTS
From the Editor
Back to Basics
Taxes in Practice
Ruud De Mooij and Michael
Keen
It is hard to design a fair and efficient revenue
system
People in Economics
Currency Notes
Norway: Design, Democracy, and Daring
Christopher Coakley
In this new series, F&D takes a look at the
stories behind money around the world
Book Reviews
Climate Shock: The Economic Consequences of a Hotter Planet, Gernot Wagner and Martin L. Weitzman