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Labour markets in an era of adjustment: an overview.

By: Horton, Susan; Kanbur, Ravi.
Material type: materialTypeLabelBookPublisher: Economic Development Institute : World Bank, 1991Subject(s): Employment | Employment -- Labour -- Laour mobility -- Labour shortage//Labour supply//Structural adjustment/. -- Employment -- Labour -- Laour mobility -- Labour shortage//Labour supply//Structural adjustment/. -- Employment -- Labour -- Laour mobility -- Labour shortage//Labour supply//Structural adjustment/. -- Employment -- Labour -- Laour mobility -- Labour shortage//Labour supply//Structural adjustmentSummary: This overview of a symposium on labour market and adjustment discusses varieties of adjustment experience and the role of labour market adjustment. It concludes that: (1) real wages are more flexible than are generally supposed (2) labour reallocations across sectors have been more or less in the desired direction, and (3) the role of labour unions, generally supposed to be an impediment to adjustment, is more subtle.
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XX(10626.1) (Browse shelf) 1 Available 10626-1001

This overview of a symposium on labour market and adjustment discusses varieties of adjustment experience and the role of labour market adjustment. It concludes that: (1) real wages are more flexible than are generally supposed (2) labour reallocations across sectors have been more or less in the desired direction, and (3) the role of labour unions, generally supposed to be an impediment to adjustment, is more subtle.

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