Myant, Martin
(2017)
Upwards convergence: why wage growth should be a priority for central and eastern Europe.
LSE European Politics and Policy (EUROPP) Blog
(14 Feb 2017).
Website.
Abstract
Wages vary significantly across European countries, but would increasing wages to create more convergence in pay levels have a damaging impact on competitiveness? Drawing on the examples of the Czech Republic, Germany and Romania, Martin Myant argues that there is scope for raising wages in central and eastern European countries to draw closer to western European levels without generating negative economic side-effects.
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