inequality

IMF says unions are key to tackling inequality: Are you listening Mr Osborne?

18 March 2015

By Sabina Dewan and Gregory Randolph

As George Osborne delivers his last budget under this Coalition Government, we wonder if he has paid any attention to a recent report published by the International Monetary Fund on how to build a better future. We guess not. Why? Because the report reiterates what we have been saying for some time – that rising inequality is in part due to a decline in unionisation. According to the IMF report, even if governments and the private sector manage to create jobs and boost GDP, it will not result in greater equality unless unions have a key role in helping boost wages. The following report by the above authors sets out the case. Carolyn Jones

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