内容説明
The single currency became a tangible reality for citizens with the entry into circulation of euro notes and coins. Nonetheless, without any other institutions of a federal kind, this centralisation of monetary policy raises a number of questions. This volume addresses one key aspect of the matter: what type of wage policy is best suited to a unified monetary area? After describing the past situation and present-day implications, it offers various hypotheses as to possible forms of wage policy at European level. The authors' aim is to put forward a wide range of views, both as to what would be desirable in terms of economic efficiency and what appears likely in terms of the stakeholders and policies.<p>The second part of this book examines wage policy developments in five Member States (Germany, Belgium, Spain, Ireland and France) where the nature of wage co-ordination differs. It is also evident from recent developments in all of these countries that nothing is set in stone.<p>This publication, compiled by well-known experts in the field of industrial relations, explores the various possible scenarios and their consequences in respect of equity and efficiency.
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