Public Sector Pay and Adjustment: Lessons from Five Countries, 1st Edition (Hardback) book cover

Public Sector Pay and Adjustment

Lessons from Five Countries, 1st Edition

By Christopher Colclough

Routledge

176 pages

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Hardback: 9780415153386
pub: 1997-01-30
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Description

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.

About the Series

Routledge Studies in Development Economics

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Subject Categories

BISAC Subject Codes/Headings:
BUS000000
BUSINESS & ECONOMICS / General
BUS069000
BUSINESS & ECONOMICS / Economics / General