<figure><img src="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iTZsq9XbXNEE/v8/-1x-1.jpg"><figcaption><div><p>Source: Bloomberg, 13:41</p></div><div></div></figcaption></figure><p>Governments have to show they are on the side of workers. Ngaire Woods, professor of Global Economic Governance at the University of Oxford, says a majority of people in developed countries don&apos;t believe they can improve their lives through hard work now, leading to growing nationalism. Woods tells Bloomberg&apos;s Caroline Hepker and Tom Mackenzie that in the UK, Conservatives have not been able to deliver a stable government and the problems are now existential.</p>

Governments have to show they are on the side of workers. Ngaire Woods, professor of Global Economic Governance at the University of Oxford, says a majority of people in developed countries don't believe they can improve their lives through hard work now, leading to growing nationalism. Woods tells Bloomberg's Caroline Hepker and Tom Mackenzie that in the UK, Conservatives have not been able to deliver a stable government and the problems are now existential.

Woods: Workers Need Economic Stake (Audio)

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