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Why internal devaluation fails

Myant, Martin (2016) Why internal devaluation fails. LSE New European Trade Unions (04 Mar 2016). Website.

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Abstract

Martin Myant of the European Trade Union Institute presents evidence from a new book analysing national responses to the eurozone crisis which shows that the European Commission’s gauge of competitiveness – Unit Labour Costs – was the wrong measure and contributed to disastrous policies which deepened the recession. The solution, he says, is to focus on improving competitiveness by rising up the value chain, which requires investment in infrastructure, education, training and research

Item Type: Online resource (Website)
Official URL: http://blogs.lse.ac.uk/netuf/
Additional Information: © 2016 The Author(s)
Divisions: LSE
Subjects: H Social Sciences > HB Economic Theory
H Social Sciences > HD Industries. Land use. Labor
J Political Science > JN Political institutions (Europe)
Date Deposited: 01 Jun 2017 11:51
Last Modified: 14 Sep 2024 01:01
URI: http://eprints.lse.ac.uk/id/eprint/79531

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