ISBN: 9780415153386

Changes to levels of earnings in the public and private sectors have a critical role in the adjustment process. Case studies of Singapore, Korea, Zambia, Zimbabwe and Argentina show that … Altro …

Changes to levels of earnings in the public and private sectors have a critical role in the adjustment process. Case studies of Singapore, Korea, Zambia, Zimbabwe and Argentina show that in those countries which adjusted unsuccessfully real earnings declined sharply, often with a further negative impact on output. The governments of the more successful East Asian adjusters influenced wage levels so as to help achieve their broader development goals. These case studies show that purely market-determined approaches to the labour market often failed. Business Business eBook The role of the public sector in the adjustment process is an important but neglected topic. "Public Sector Pay & Adjustment" describes and analyses the effects of structural adjustment and public sector pay, based on the experiences of Singapore, the Republic of Korea, Zambia, Zimbabwe and Argentina. This selection of cases provides a variety of experience with regard to paths and stages of economic and social development, the application of adjustment policies and the role of the public service in these processes. The findings in this volume suggest that the need to use careful, strategic interventions, rather than entirely market-determined approaches to the labor market, may be one of the major lessons of East-Asian economic success.<

ISBN: 9780415153386

Changes to levels of earnings in the public and private sectors have a critical role in the adjustment process. Case studies of Singapore, Korea, Zambia, Zimbabwe and Argentina show that … Altro …

Changes to levels of earnings in the public and private sectors have a critical role in the adjustment process. Case studies of Singapore, Korea, Zambia, Zimbabwe and Argentina show that in those countries which adjusted unsuccessfully real earnings declined sharply, often with a further negative impact on output. The governments of the more successful East Asian adjusters influenced wage levels so as to help achieve their broader development goals. These case studies show that purely market-determined approaches to the labour market often failed. Business Business eBook, Taylor and Francis<

ISBN: 9780415153386

Changes to levels of earnings in the public and private sectors have a critical role in the adjustment process. Case studies of Singapore, Korea, Zambia, Zimbabwe and Argentina show that … Altro …

Changes to levels of earnings in the public and private sectors have a critical role in the adjustment process. Case studies of Singapore, Korea, Zambia, Zimbabwe and Argentina show that in those countries which adjusted unsuccessfully real earnings declined sharply, often with a further negative impact on output. The governments of the more succes Business Business eBook, Taylor and Francis<