4 min read.Updated: 08 Feb 2019, 12:25 AM ISTDani Rodrik
Governments must realize that failure to generate good, middle-class jobs has very high social and political costs
Around the world today, the central challenge for achieving inclusive economic prosperity is the creation of sufficient numbers of “good jobs". Without productive and dependable employment for the vast majority of a country’s workforce, economic growth either remains elusive, or its benefits end up concentrated among a tiny minority. The scarcity of good jobs also undermines trust in political elites, adding fuel to the authoritarian, nativist backlash affecting many countries today.