The proposed wages council reforms : an evaluation

Gennard, John and McGregor, Peter (1985) The proposed wages council reforms : an evaluation. Quarterly Economic Commentary, 11 (2). pp. 58-66. ISSN 0306-7866

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    Abstract

    The present Government is not the first to want to seek the demise of Wages Councils. However, its reasons for this are different than previous governments. The present Government wishes to abolish or reform the Wages Council system as a means of freeing the labour market, whilst previous Governments have wished to see them ended and replaced by voluntary collective bargaining arrangements. This economic perspective will seek to evaluate the case for and against the proposed wage council reforms.