Education and employment in OECD countries - ISBN:9280313126

Education and employment in OECD countries

Date: 14 April 2011, 09:34

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The wages and employment of individuals in the lower part of the overall earnings distribution are concerns of all developed and developing countries. One popular position is that development itself will aid these people. This view, characterized by the slogan that "a rising tide lifts all boats", leads some to believe that the economy will take care of these problems in a somewhat automatic manner. But there is another view. Speci cally, as societies develop, it may be that the lower earners in society simply end up farther and farther way from the heart of the economy. In this vision of development, there is reason for concern and possibly for more government action.

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