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Pay Inequalities in the European Community presents a comparative analysis of the distribution of earnings from employment in six countries of the European Economic Community: Britain, Belgium, France, the federal Republic of Germany, Italy and the Netherlands. The text covers aspects of the inequality of pay among individual workers: inequality between sectors and industries in the economy; between occupations and between men and women; assessment of the relative importance of the elements in inequality; and factors which may underlie differences in the patterns of distribution between countries such as training and promotion systems, trade union bargaining policies and institutions, and income policies. Economists, labor specialists, and researchers will find the book a good source of information.
In this volume practitioners and theorists from East and West assess the results of four years of transformation in Eastern Europe. In a general assessment of the stabilisation policies pursued, some authors take a critical view of the 'conventional' monetary and fiscal restrictive programmes which have helped to bring down inflation and to introduce elements of the market economy, but have also left the economies concerned with heavily reduced output and real incomes. An evolutionary strategy of structural transformation, and demand management should play a primary role in recovery from the 'transformational recession'. Further issues discussed are the reform of the financial sector; liberalisation of foreign trade; privatisation and restructuring; and the social aspects of transformation.