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EN
Since Polish migrants began entering the UK labour market in the post-accession period, there has been a significant amount of case study research focusing on the impact of this large migrant group on the UK economy. However, ten years after enlargement, there is still insufficient information regarding the labour market mobility of Polish migrants residing in the UK for the longer term. The available research on this topic is largely concentrated in urban settings such as London or Birmingham, and does not necessarily capture the same patterns of labour market mobility as in non-urban settings. Using qualitative data collected in three case study locations – urban, semi-urban and rural – in the South Wales region from 2008–2012, this article has two main aims. First, given the proximity of the case study locations, the article highlights the diversity of the Polish migrant characteristics through the samples used. Second, using trajectories created from the data, this article compares the variations among the labour market movements of the Polish migrants in each sample to determine what characteristics influence labour market ascent. Through this comparative trajectory analysis, the findings from this article point to the relative English language competency of migrants as the primary catalyst for progression in the Welsh labour market across all three case study regions. The secondary catalyst, which is intertwined with the first, is the composition of the migrants’ social networks, which enable, or in some cases disable, labour market progression. These findings have significant implications in the national and in the supranational policy sphere regarding the employment of migrants as well as their potential for cultural integration in the future.
EN
Objective: The objective of the paper is to identify the channels through which income inequalities affect the short-term economic situation and long-term growth. Research Design & Methods: As initial research, the analysis is based on a literature review. Over the course of the review, this hypothesis was verified: inequalities have a negative impact on GDP growth rates and economic stability. Findings: The paper explains mechanisms through which inequalities affect aggregate demand, output and accumulation, accentuating immanent threats of income disparities, such as rising debt burdens (both private and public) and current-account imbalances. Implications / Recommendations: A policy alternative is proposed in the form of a wage-led growth strategy. This will strengthen the position of workers in the economy and thus allow the wage share to grow at least apace with productivity gains. Contribution: The concept of wage-led growth is rarely discussed in the mainstream literature and deserves more attention.
PL
Cel: Celem artykułu jest określenie kanałów, poprzez które nierówności dochodu wpływają na krótkookresową sytuację gospodarczą oraz wzrost w długim okresie. Metodyka badań: Artykuł jest wstępem do dalszych badań. Stanowi przegląd istniejącej literatury przedmiotu, co pozwala poddać weryfikacji hipotezę, że nierówności niekorzystnie oddziałują na stopy wzrostu oraz stabilność gospodarki. Wyniki badań: Przedstawiono mechanizmy, poprzez które nierówności dochodu oddziałują na popyt globalny, produkcję i akumulację kapitału (rzeczowego i ludzkiego), kładąc nacisk na zagrożenia z tym związane, takie jak wzrost zadłużenia prywatnego i publicznego oraz deficyty na rachunkach obrotów bieżących. Wnioski: Zaproponowano alternatywną strategię wzrostu opartego na płacach (wage-led growth strategy) – polega ona na wzmocnieniu pozycji pracowników w gospodarce, dzięki czemu płace rosną co najmniej w tempie odpowiadającym przyrostom wydajności. Wkład w rozwój dyscypliny: Koncepcja wzrostu opartego na płacach rzadko dyskutowana jest w literaturze głównego nurtu, zwłaszcza polskojęzycznej.
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