ausblenden:
Schlagwörter:
Recovery; Convergence; EMU
Zusammenfassung:
The focus of adjustment to the crisis has been on structural reforms of Southern labour markets. Yet in the Northern economies, one of the core factors explaining their economic success is coordinated collective bargaining and high levels of investment in research, training and education. Can a narrow focus on labour market liberalization really improve the economic and employment performance of weaker member states?