Labour productivity

Информация - Экономика

Другие материалы по предмету Экономика

policies to foster productivity growth. Of course, misguided policies attempting to exploit such a trade-off have to be avoided - if, for example, policy-makers promoted sectors with low productivity growth prospects, if they introduced unnecessary regulations leading to over manning, if they discouraged young people from pursuing further education, or if they used funds for public training programmes in an unproductive manner, then employment might be raised at the expense of longer-term productivity potential. However, none of these policies is advocated in the EUs economic and employment policy framework and, in consequence, the employment strategy should not be blamed for the dismal productivity performance in recent years.