Labour's guru gives warning on jobs market inequality

Article Abstract:

It is vital that the current period of economic prosperity is used to tackle underlying structural difficulties, according to former US Labor Secretary Robert Reich. He believes that employment inequality has become a more serious problem, with many people experiencing falling standards of living. The Anglo-Saxon model has been very successful in creating employment, but has not dealt with insecurity or inequality. He is in favour of a minimum wage and additional tax reliefs or benefit payments to increase the income of those only earning low wages.

Income Distribution, Analysis, Job creation, Reich, Robert

---

We have to add social capital to the free market equation

Article Abstract:

There is a growing trend among economists towards making value judgements, an approach which has always been carefully avoided in the past. Economic analysis which takes values into account has been seen recently in relation to economic development, national competitive advantage and unemployment. It is now becoming more widely accepted that culture, values and history can have a significant impact on actual economic outcomes, on levels of wealth and on employment levels.

Economic Views, Methods, Column, Economic research

---

Inequality the price that some have to pay

Article Abstract:

Bill Birch, New Zealand's finance minister, is extremely committed to reforming the country's economy. He has attracted considerable criticism since he introduced large-scale labour reforms in 1991, but his policies have succeeded in creating new jobs and in keeping underlying inflation below 2%. He believes that New Zealand can sustain economic growth of around 5%.

New Zealand, Birch, Bill

Similar abstracts:

• Abstracts: Israel nibbles at compromise. We love John and Jill - at least for now. Kosovo crisis comes to life on the stage
• Abstracts: You'll never sing alone .... It's a game of two halves, three pints of lager and four tequilas. Players bemused by 'fixing' claims
• Abstracts: Last hope on Death Row: call McCloskey. The last word from the first man of chat. Here at the last chance saloon
• Abstracts: Four letters to put off buyers: UPVC. If you want to make money, move next to a banker
• Abstracts: Britain bears brunt of ill feeling as Serbs suspect diplomatic chicanery. Glitz takes a back seat on road to Rome

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