Decent work and economic growth: Achieving SDG 8

In the pursuit of decent work and economic growth, it is essential to understand the drivers of informality and structural transformation, the movement of workers, and changes in inequality during economic development. This course shares research to support policymaking for achieving SDG 8.

Topics

SDG
SDG8: Decent work and economic growth
Subject
Economic Growth
Keywords
economic growth
economic development
transformative change
labor market
employment

The achievement of the SDGs—and SDG 8 in particular—requires economic activity to increase and often requires structural transformation. The process of structural transformation can take several forms—this affects the structure of the economy and the jobs available; it impacts who benefits from development and who gets left behind. This brings forth the developer’s dilemma, the concern that economic development inevitably leads to increased inequality. Where workers are situated on the job ladder, whether they are formal or informal workers, and whether there is opportunity to transition from informal to formal employment will also impact how much they will be able to benefit from the process of structural transformation. However, there are policy pathways that could support more equal and sustainable economic development.

This 6-week course provides an in-depth look at the latest UNU-WIDER research and shares insights that can support policymaking during the process of structural transformation.

Target Audience

Policy professionals who want to understand the policy interventions that can support sustainable and equitable economic development while creating opportunities for decent work.

Development practitioners interested in the different pathways available in developing economies for progress towards achieving SDG 8

Advanced undergraduates and graduate students interested in economics, development, and other key concepts related to the SDGs

Learning Objectives

  • What new pathways of structural transformation are available
  • Why it’s time to rethink the informal economy
  • How to deal with the developer’s dilemma and avoid rising inequality
  • Where workers are on the job ladder, and how to transition workers to better jobs

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