Wage Restraint and the Control of Inflation: An International Survey

1st Edition

Beth Bilson

Routledge
Published April 10, 2018
Reference - 196 Pages
ISBN 9781138652552 - CAT# Y228873
Series: Routledge Library Editions: Inflation

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Summary

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.

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