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Wage Restraint and the Control of Inflation

Wage Restraint and the Control of Inflation PDF Author: Beth Bilson
Publisher: Routledge
ISBN: 1317228227
Category : Business & Economics
Languages : en
Pages : 200

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Book Description
Since 1945 preventing runaway wage inflation has been regarded as a key policy in managing an economy in a successful way. The exact nature of pay control has varied from country to country and from time to time. This book, originally published in 1987, examines pay control policies in major Western economies. It surveys developments from 1945 and explores the aims of pay policies and discusses the problems of implementation, comparing the different kinds of policies. By comparing the performance of these different approaches the book assesses the merits and pitfalls of the different approaches.