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Social consensus and incomes policy

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  • Joe Durkan

Abstract

This paper argues that centralised bargaining as practiced in Ireland added to wage inflationary pressure as: the focus of centralised bargaining was the preservation of good industrial relations; the processs of wage negotiation was heavily politicised; and, the system evolved into a two-tier bargaining process. Centralised bargaining was not equivalent to an incomes policy framework. It is no surprise that the economy has failed to adjust to the series of internal and external shocks of the last two decades.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Joe Durkan, 1992. "Social consensus and incomes policy," Working Papers 19921PP, School of Economics, University College Dublin.
    • Handle: RePEc:ucn:wpaper:19921pp
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    File URL: http://hdl.handle.net/10197/1078
    File Function: First version, 1992
    Download Restriction: no
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    Cited by:

    1. Cormac Ó Gráda, 2002. "Is the celtic tiger a paper tiger?," Open Access publications 10197/434, School of Economics, University College Dublin.
    2. Colm O'Reardon, 1995. "Conflict, Concertation and Innovation: An Alternative Approach to Irish Social Partnership," Papers WP057, Economic and Social Research Institute (ESRI).

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