In the majority of advanced economies, the size of the middle-income group has been shrinking in the last decades, see Chapter 2, World of Work Report 2013. This trend has been partly attributed to job polarization, but also public policy and institutional factors have been found to play an important role.
Worldwide investment has shifted from advanced economies to emerging economies over the last decade with an accelerating divergence since the economic crisis.
The global crisis which erupted after the collapse of Lehman Brothers in 2008 has led to significant debate regarding the importance of adequate financial regulation.
Labour market reforms in Eurozone countries have principally gone in the direction of either a decentralization of collective bargaining or a loosening of employment regulation.