On November 18-19, 2013 the G20 Seminar on "Consistency between macroeconomic and labour policies" took place in Buenos Aires (Argentina). The event formed a logical follow-up to the activities on the employment agenda undertaken during Russia's G20 Presidency that had resulted in the G20 countries' shared understanding of the necessity to implement coordinated and integrated growth and employment policies (macro, finance, and labour market policies).
The seminar provided an opportunity to look into the linkages between the employment related and macroeconomic policies. Discussions were focused on the need for coordinated and integrated public policy, and the benefits of its implementation reaped in form of fostering inclusive growth and job creation.
Within the above agenda participants considered a number of issues, including growth and jobs trends since the financial crisis; employment and social protection as a dimension of macroeconomic strategies; policies and financial instruments for stimulating growth, employment and income distribution; Latin America's experience in stimulating growth and employment from a comparative perspective; and possible further steps for an integrated G20 agenda on growth and employment.
The event brought together members of the G20 Task Force on Employment and representatives of the Finance Track, as well as representatives of international organizations and guests from the Latin American countries.