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Advancing decent work through macroeconomic policy coherence: perspectives for trade unions
Other publication - Policy Brief   Open access

Advancing decent work through macroeconomic policy coherence: perspectives for trade unions

International Labour Organization
ILO brief. Policy brief, ILO
2025
DOI:
https://doi.org/10.54394/OOPO8634
Appears in  ILO Briefs

Abstract

trade union role Economic Policy Macroeconomics
This brief reframes macroeconomic policymaking as a space of democratic choice, not technocratic abstraction. It shows how fiscal, monetary, and exchange-rate decisions directly affect employment, job quality, and equity—and why workers’ voices are critical in those decisions. By promoting coherence across economic, social, and environmental policies, it calls for a paradigm shift towards pro-employment macroeconomic frameworks that make decent work a central objective of economic policy. Designed for immediate use by trade unions, it offers practical entry points, analytical tools, and explanatory notes—including a glossary of core macroeconomic terms defined in clear, accessible language for quick reference—to support evidence-based advocacy and participation in macroeconomic governance.
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