Factory bargains and mobile homes

Article Abstract:

UK economic policy should aim to restrict wages growth to the level of productivity growth. Decentralised wage setting is more suitable. Flexible production needs workers with adaptable skills and co-operative attitudes. Profit-related pay with a bonus linked to corporate performance stabilises employment within companies as advocated by the economist James Meade. The system of housing tenure also affects the economy as the lack of private rented accommodation and popularity of mortgages makes the labour force less geographically mobile.

Housing, Labor productivity, Profit sharing

---

Reasons to be cheerful about the recovery's future prospects

Article Abstract:

There are a number of signs that the economic recovery which is currently taking place in the UK may be able to continue for some time before it reaches capacity restraints and pushes up inflation. Business investment is now taking on new forms, and has not come at too late a stage in the economic recovery, as has been the case in the past. Pay levels have remained low, and pressure on exporters from higher sterling will encourage them to hold down wages.

Analysis, Column, Economic development

---

Similar abstracts:

• Abstracts: Savoury snacks. Chilled pies, pasties and other savoury pastry products. Frozen savoury bakery products
• Abstracts: Jonathan Mann and Mary Lou Clements-Mann. Nadine Radford: the barrister they call 'sir.' (Interview) Dr Edward Radford
• Abstracts: Number of Rx's filled drops, but dollar volume rises 8.5%. What to advise your customers about the care of contact lenses
• Abstracts: More than a scratch. Russia's choice: terror or reform
• Abstracts: The bad grace of the Vatican. Power to the people in the pews

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.