Tagged with: wage costs


Internal devaluation in the Eurozone

Tom McDonnell 09/08/2012

Tom McDonnell: Ronald Janssen explores the impact of falling wage costs in the Eurozone periphery here. He argues that export revival has not been enough to prevent the collapse in domestic demand that accompanies the cuts in public budgets and real wages and that the net outcome has been recessionary.



Having a go in the dark

Michael Taft 22/07/2010

Michael Taft: That the Sunday Business Post has another go at public sector workers should hardly be news. Every time they mention public sector …

Memo to IBEC

Michael Taft 30/01/2010

Michael Taft: Yesterday evening I was on Matt Cooper’s The Last Word with a representative from IBEC discussing wage levels. I quoted the numbers …

‘Ireland now needs to generate an internal devaluation, with prices and wages falling’

Slí Eile 25/01/2010

Slí Eile: So runs the recent ESRI Quarterly Economic Commentary (page 50). A lot of the debate on competition and competitiveness is narrowly …

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